With Airbus already having an edge in the single-aisle long range market, the potential launch of an even longer range jet is likely to result in significantly upping the pressure on its competitor Boeing Co. Guillaume Faury, the incoming chief… Read More ›
Entrepreneurship
Saudi Aramco to investment $150 billion in the next 10 years: CEO Amin Nasser
The Saudi energy giant is positioning itself to tap the booming LNG market – a much cleaner fuel compared to pollution-heavy crude oil. On Tuesday, Saudi energy giant Aramco stated, its gas program is likely to draw $150 billion in… Read More ›
UK open to a trade deal with U.S.
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Tesla case is settled despite Musk’s “Shortseller Enrichment Commission” tweet: Jay Clayton
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
Study Predicts Good Growth For Organic Wines, But Limited To Niche Market
According to a new report published on Friday by the wine and spirits consultancy IWSR, the rising trend among consumers of preferring to consume environmentally better pesticide-free wines will in the next five years, will result in rapid growth in… Read More ›
Avoid China-made telecommunication equipment: U.S. to allies
The United States is pushing allies to avoid using telecommunication equipment made by Chinese Companies, including Huawei Technologies, citing heightened cybersecurity risks. Following perceptions of threats from espionage, the U.S. government is persuading internet providers and wireless operators in allied… Read More ›
Spinning-off network assets from Telecom Italia (TIM) risks 20k jobs
Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
Christmas shopping season at risk of being derailed by “yellow vests”
Demonstrations by “yellow vests” have led to a 35% fall in daily revenues as well as 47% drop in footfalls for French retailers. On Friday, French retailers stated, protests against rising fuel prices as well as French President Emmanuel Macron’s… Read More ›
European Securities and Markets Authority wants no disruption to UK clearing houses
Irrespective of whether negotiators and lawmakers manage to hammer out a Brexit deal, the European Securities and Markets Authority (ESMA) wants no disruption to central clearing. On Friday, in a significant development, the European Securities and Markets Authority (ESMA) stated,… Read More ›