Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›
Scientists have claimed that the current Europe-wide heatwave has been made twice more likely to reoccur because of climate change because of human activities. The conclusion was arrived at following comparison of the present high temperatures with the historical data… Read More ›
German Agriculture Minister Julia Kloeckner said on Saturday that there has been some improvement in the trade relationship between the United States and Europe. But Kloeckner also added that the quantity of soybeans that Washington expects would be bought by… Read More ›
In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›
Following talks between United States president Donald Trump European Commission chief Jean-Claude Juncker, both the parties reached an agreement to avoid an all-out trade war and continue efforts to lower tariffs. Trump described the talks as being “a very strong… Read More ›
The following is an interesting take on the options available to the ECB on ways to stimulate economic growth and curate inflation in the Eurozone. The European Central Bank is likely to maintains its stimulus policy on Thursday, given the… Read More ›
The deal reached between Junker and Trump is likely to be the foundation for formal agreements between the EU and the US based on WTO guidelines. In a significant development, the meeting of the European Commission President Jean-Claude Juncker with… Read More ›
Yemen backed Iran-aligned Houthi movement attacked two of its Very Large Crude Carriers, one of which suffered minor damages. With Saudi Arabia, the world’s largest producer of crude oil, suspending the shipment of crude through the strategic Red Sea shipping… Read More ›
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