The U.S. bank is one of several foreign banks, including UBS Group AG and Nomura Holdings Inc who have applied to set up majority-owned securities businesses in China, following relaxation of rules. On Monday, JPMorgan Chase & Co stated it… Read More ›
Geopolitics
South Korea drags U.S. to WTO for unfair import restrictions
South Korea drags U.S. to WTO for imposing steep tariffs on its exports of washing machines and solar panels. On Monday, South Korea dragged the United States to the World Trade Organization (WTO) saying the imposition of hefty tariffs by… Read More ›
Germany will assist its companies to do business with Iran: German Economic Minister Peter Altmaier
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
Trump’s Iran Decision Impacting UK Already, Petrol Prices To Rise
The impact of the United States President Donald Trump’s decision to pull out of the Iran deal is already being felt in the United Kingdom. Over the next fortnight, warning have been issued to British motorists that they would have… Read More ›
Apple drops data centre plans in Ireland
Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›
Uncertainty Over Oil Supply And Prices Cast Because Of Trump’s Iran Nuclear Deal Exit
Some degree of uncertainty has been cast on the global prices of oil and gasoline because of the decision by United States President Donald Trump to pull out of the Iran nuclear deal. The Organization of the Petroleum Exporting Countries… Read More ›
Will study impact of U.S. withdrawl from Iran nuclear deal: Airbus
Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›
Shares of major French companies feel the tremors of U.S. withdrawal from Iran nuclear deal
The U.S. withdrawal has made dealing with Iran more complicated for EU companies which have business ties to Iran. With U.S. President Donald Trump withdrawing the United States from a nuclear deal with Iran, shares of major French companies, which… Read More ›
China’s Warning To Airlines Is Called ‘Orwellian Nonsense’ By White House
Foreign airlines were warned by China that they should change the manner in which they identify Taiwan and some other areas in on their company websites recently. This has been publicly admonished by the White House. Any information on their… Read More ›
China opens up its iron ore future’s market to outside investors
The move, part of a bigger gameplan, is aimed at gaining pricing control over the import of China’s major commodities. With China launching its “internationalised” iron ore contract, Glencore, a global trader, was the first foreign firm to carry out… Read More ›