Hedge funds will gain both ways: those that had bet on Brexit had reaped the benefits of betting against UK assets, are now re-positioning for these assets to get stronger. In a significant development, two of the biggest donors to… Read More ›
Geopolitics
French insurer AXA to relocate UK staff to Ireland
The decision to relocate staff was taken much ahead of AXA’s acquisition of XL.The number of people who will be relocating have not been disclosed. Aimed at mitigating risks from Britain potential departure from the European Union, French insurer AXA… Read More ›
Standard Chartered Analysis Predicts Egypt To Be 7th Largest Economy By 2030
Quoting a recent report by British multinational banking and financial services company headquartered in London Standard Chartered, the state-run Ahram newspaper in Egypt claimed that by 2030, Egypt would become the seventh largest economy in the world amd will go… Read More ›
Foundation For Future Deal Laid By 3-Day China-US Trade Talks
China said on Thursday that the foundation for reaching a trade agreement between Beijing and Washington in the future has been laid at the just-concluded trade discussions between the United States and China. And despite the existence of some of… Read More ›
New ‘Untested’ Policies Being Introduced By China To Spur Growth: Moody’s
According to a senior analyst at Moody’s Investors Service, the Chinese government is being forced to implement previously untested policies in its effort to bring in stimulus to its slowing down economy which has been compounded by the ongoing trade… Read More ›
IATA not worried on fallout of hard Brexit: Alexandre de Juniac
If Britain were to leave the EU without a deal on March 29, 2019 would flights inbound and outbound to Europe be grounded from that day forth? On Thursday, Alexandre de Juniac, director general and CEO of the International Air… Read More ›
Success of U.S.-China trade talks will hinge on verification and effective enforcement on pledges
During earlier negotiations, although Beijing has made wide ranging commitments, it has taken its own sweet time, at times more than a decade, to implement its pledges. Unless China walks the talk, negotiations are unlikely to be fruitful. China’s pledges… Read More ›
A no-deal Brexit is not in Britain’s best interest: Philip Hammond
The British parliament has begun a 5-day debate on the Brexit deal. Philip Hammond, Britain’s Chancellor of the Exchequer, made it lucid that leaving the European without a deal is not in Britain’s best interest. He however did not elaborate… Read More ›
Continued US Gov Shutdown Could Result In Downgrade Of Credit Rating, Says Fitch
The United States government shutdown which is close to its third week is bring in more problems for the country apart from a large number of its government employees not getting their salaries and a host of its non-essential services… Read More ›
10 Percent Cut In iPhone Production Or Current Quarter By Apple: Nikkei
A report published in Nikkei Asian Review on Wednesday claimed that for the January-March quarter, Apple Inc has reduced its target production for its three new iPhone models by about 10 per cent. Earlier last week, the US tech giant… Read More ›
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