The longer Britain takes to negotiate trade terms with EU, the more will be its economic loss. According to the head of London’s financial district, it would be prudent for Britain to move quickly on the outcome of its referendum,… Read More ›
Economy & Finance
Brexit strokes fears of global recession in the shipping sector
Here’s a brief analysis of the annual survey which has polled 200 respondents across the transportation industry. According to a survey from a leading transport agency, global shipping confidence has hit an all-time low due to fears of a possibility… Read More ›
AC Milan to be Sold to Chinese Investors by Berlusconi
After long-time owner Silvio Berlusconi said he had sold the club, AC Milan are set to be the latest top-tier European football team to move into Chinese ownership. After receiving assurances from the buyers that they would invest significantly to return… Read More ›
Buying Spree for Global Health Assets by Chinese Inc
Attempting to buy their way into international markets like never before, China’s health-care companies are on an acquisition tear. Going at a pace on track to exceed last year’s record total and a tenfold increase from the amount spent in… Read More ›
Race to Wrest Drug and Banking Agencies From London Intensifies Among EU Rivals
The competition to wrest two prestigious European Union agencies from London in the wake of Britain’s vote to leave the bloc is all set to step up with Milan’s new mayor Giuseppe Sala scheduled to fly into London. More than… Read More ›
Gulf Bond Sale Frenzy Bolstered by Addition of Kuwait’s $9.9 Billion Plan
As lower oil prices squeeze public finances, Kuwait plans help plug its budget deficit by raising as much as $9.9 billion from international debt markets. The country’s finance minister Anas Al-Saleh said in a speech that the OPEC member also… Read More ›
Confusion rages in Conservative Party as it seeks out a new leader
According to Boris Johnson, Britain needs to explain Brexit’s impact to its citizens, but wouldn’t explaining Brexit’s impact add to the “hysteria” and further boost demands for a second referendum. Boris Johnson, the ex-London mayor who vigorously led a campaign… Read More ›
An act of Parliament will be required before Britain can trigger Article 50 of the Lisbon Treaty
Mishcon de Reya playing a pivotal role in Britain’s history. Mishcon de Reya a law firm has started a legal action demanding that the British government first win legislative approval before triggering article 50 of the Lisbon Treaty, which will… Read More ›
Bank of Israel in dollar buying spree
The Central Bank has portrayed the move as an integral part of its monetary policy. With the shekel continuing to strengthen for a fifth day in a row, Israel’s central bank, the Bank of Israel, has engaged in buying “hundreds of… Read More ›
Brexit bridges Protestants unionists and Catholic nationalists for a United Ireland
While EU citizens are free to travel across EU states without a visa, with Scotland and Ireland wanting to remain with the EU could cost UK dearly as it will face the very issue it doesn’t want – free migration…. Read More ›