The chill in geopolitics is threatening to turn into a deep freeze for an economy retooling after the crash in oil prices as Russia hunkers down for “decades” of U.S. sanctions. He assumption that Russia’s future may look much like its… Read More ›
Geopolitics
Toyota Motor Corp to set up auto assembly plant in US in joint collaboration with Mazda
Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
4,000 Jobs Expected To Be Moved To EU After Brexit By Deutsche Bank
As Deutsche Bank AG’s Brexit plans take shape, people briefed on the matter wsere quoted in the media as saying that the lender envisions shifting almost half its U.K. positions to the European continent over coming years. Under the bank’s… Read More ›
U.S.-India bonhomie to be the engine for mutually beneficial growth
Unlike Trump’s outbursts against leaders from Australia and Germany, the Indian Prime Minister was received well. A newly created chamber will now target growth mutually beneficial areas of growth, including, startups, education and innovation. Following Indian Prime Minister Nadrendra Modi’s… Read More ›
A Rising Political Crisis Could Derail The World’s Third-Largest Economy
Questions over the future of the leader of the world’s third largest economy and his namesake economic program loom large as the economy battles an acute crisis of confidence. Support for the 62 year-old has been pushed to under 20 percent — his lowest… Read More ›
$50 Billion New Capital May be Needed By Banks After Brexit
While some smaller firms may abandon their operations on the continent altogether as profitability plunges, banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit,… Read More ›
Offshore wind energy making slow inroads in the U.S.
While most companies acknowledge that this theirs is a long term game, in Europe however former oil companies are embracing change and are harvesting key technological experience and expertise in this maturing market. In a significant development that could potentially… Read More ›
Vantiv receives extension for placing final bid for UK-based Worldpay
One of the sticky points holding back the negotiations is the location of the combined company. While Worldpay is pushing London as the location for the HQ, the terms of Brexit are likely to play a key role in deciding… Read More ›
Missile Fired By North Korea Possible Landed Within 230 Miles Of Japan’s Coast
Japanese Prime Minister Shinzo Abe said that North Korea test fired a missile that may have landed within 230 miles of Japan’s coast. Japan’s public broadcaster, NHK, said, citing government officials that the missile was fired shortly before midnight Japan time on… Read More ›
Analyst Warns That After Contentious Vote, The First Sovereign Oil Producer To ‘Fully Fail’ Could Be Venezuela
A nationwide vote set for Sunday could send Venezuela over the edge even as the country is already having a major meltdown, believes a top commodities strategist. As a state if President Nicolas Maduro moves forward with the vote to form… Read More ›
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