As a result of an improvement in diplomatic and economic relations between Ankara and Washington, Turkish President Tayyip Erdogan has held talks with U.S. President Donald Trump concerning Turkey’s state-owned bank Halkbank. Following an announcement by Turkish President Tayyip Erdogan… Read More ›
Geopolitics
Brexit negotiators close to hammering out a deal on financial services
A financial deal is crucial for Britain given that the city of London, which has been a critical artery for the flow of money around the world for centuries, is the world’s largest centre of international finance. As per a… Read More ›
S&P Warns Of Lengthy UK Recession In Case Of No-Deal Brexit
According to analysis by the global rating agency Standard & Poor’s, there could be a prolonged recession in the British economy because of a possible rise in unemployment and a fall in the household income if the Theresa May government… Read More ›
13% Drop In Sale In Q3 For Jaguar Land Rover
Jaguar Land Rover reported third quarter losses because of a fall in the sale of its cars. Uncertainty in Europe over new diesel emission standards and Brexit, along with slowdown in sales in China was identified as the reasons for… Read More ›
China Manufacturing Growth Weakest In More Than Two Years
Amidst the escalation of the trade war with the United States, China’s manufacturing growth slowed for the month of October according to government statistics which is the second consecutive month of decline. While analysts and experts expected the manufacturing Purchasing… Read More ›
Italy’s Q3 Economic Growth Zero, Eurozone Also Slows Down
There was no growth at all in the economy of Italy for the third quarter of the current year as all economic activity came to a virtual standstill during the quarter. This development in the country assumes importance because the… Read More ›
Japan, China Comes Closer Through Trade Deals During Abe Visit
In the face of both facing trade challenges from US president Donald Trump, Japan and China touted their rare close ties as they signed $2.6 billion in business deals during the visit of Japanese Prime Minister Shinzo Abe to China…. Read More ›
US-China Trade War Pushing Close US Allies In Asia To Force Ties With India
There is a growing tendency among the most developed countries of Asia to decrease their dependency on China and look to India as an alternative in the wake of the trade war between the United States and China. The trade… Read More ›
UK’s Business With Saudi Arabia And Possible Impact Of US Sanctions
A lot apparently is at stake for the United Kingdom – Saudi Arabia relations if the Middle Eastern country has to face sanctions – especially from the United States in relation to its role in the murder of veteran journalist… Read More ›
Following Detaining Of Its Employee, Some China Travel Curbs Placed By UBS
Following the detaining of an employee of the UBS Group in China, restrictions on staff travel to China have been imposed by two large global wealth managers. The incident underscores the challenges that are faced by foreign businesses of doing… Read More ›