The utility giant is eyeing the expansion of its footprint in the U.S., Spain and Italy. In a development that underscores Italy’s biggest utility Enel pushing strategically to make its network more digital, the firm has disclosed that it plans… Read More ›
Entrepreneurship
Not much progress expected during fifth round of NAFTA talks
Despite the general lack of progress, the 2018 Mexican election promises to instill some fire into the negotiations. On Tuesday, negotiators from Canada, Mexico and the U.S., completed their fifth round of negotiations aimed at reworking the North American Free… Read More ›
Collapse of 3-way negotiations in Germany will have widespread economic consequences for Europe
With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›
Looks like Britain is in a hurry to lose its financial clout
Cultivated and cultured for decades, Britain has since long been a center for finance for the world over. If its nonchalant unpreparedness that it has demonstrated in the Brexit negotiations so far is of any clue, it risks losing its… Read More ›
China pushes private investments in its weak manufacturing sector; has global ambition
By placing private funds in its manufacturing sector, which has been traditionally weak at best, China is aiming to capitalize the experience it has gained with its European partners and boost this sector which has been plagued by a host… Read More ›
BNP Paribas’ chairman dampens merger of Germany’s Commerzbank with France’s BNP Paribas
Despite Jean Lemierre choosing to keep his cards close to his chest, media reports points to a potential merger which could be the choice to safeguard against a potential takeover bid. On Friday, Jean Lemierre, BNP Paribas’ chairman chose to… Read More ›
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›
Mattel has rejected Hasbro’s new takeover bid: Sources
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›