After booking about half of the 197 firm sales unveiled at last month’s Farnborough Airshow, the latest data from Airbus and Boeing shows that the former has virtually closed the gap with Boeing in their intense battle for airliner orders… Read More ›
Goldman Sachs is in the process of restructuring its business so as to continue its operations in EU and Britain and service its clientele. In a significant development, the Goldman Sachs Group has disclosed that Britain’s historic decision to leave… Read More ›
Britain’s central bank has stated that it will take “whatever action is necessary” to stabilise the country’s economy. With the Bank of England cutting interest rates and reviving its bond buying program to cushion Britain’s economy from the shockwaves of… Read More ›
In the post-Brexit battle for London’s financial-services industry, an obscure back-office function intended to bring more stability to trading has emerged as a pawn. Now that French and German officials have already targeted the industry, there are signs the U.K. is… Read More ›
A new survey into drug intake trends in the U.S. says that nearly 125,000 people are killed in the country each year and costs the U.S. health care system $290 billion annually due to patients missing out on their medication… Read More ›
Although China Association of Automobile Manufacturers (CAAM) is pushing to make the tax break permanent, any downward revision of the tax break will affect VW’s China operations. According to the head of VW’s China operations, the planned retraction of tax… Read More ›
Through this strategic step, FB is trying to tap the fast growing economies of Asia as other markets are largely saturated. Social media giant, Facebook Inc. has disclosed that it will allow small businesses in emerging markets to sell their… Read More ›
The British government has forecast there will be 6 billion fewer bags in circulation and a boost to the environment, thanks to a 5 pence (6 cent) charge on single-use plastic grocery bags in the U.K. “Taking six billion plastic… Read More ›
Although surveys have painted a gloomy picture of the British economy, British finance minister has downplayed their results saying these are gauging only sentiments and not manufacturing activity. According to surveys, Britain appears to be headed for a recession. British… Read More ›
The terms of Britain’s exit from the bloc are going to be crucial for most notable players in the region. Bank of America Corp has disclosed that its results and businesses are likely to be adversely affected since it may… Read More ›
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