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 ›
Geopolitics
$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 ›
South Korea Is In No Rush For US Missile Defense Even As North Korea Is More Erratic Than Ever
Despite fears of another international ballistic missile attach from its northern neighbor, South Korea is in no hurry to set up an advanced missile defense system designed to protect its shores from North Korean aggression. Pending a full review, further installation of… Read More ›
UK & EU secure RBS with a $1.1 billion deal
The deal brings a finality to the issue related to the spin-off of RBS’ banking division that has been dogging it since years. The European Commission has concurred with a British government plan that frees the Royal Bank of Scotland… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Who Are The Visitors To North Korea As The Country Is Attracting Thousands Of Vacationers Every Year
Who? – is the most obvious question is when a brutal, communist dictatorship is able to attract tourists. Common sense suggests that you’d be hard pressed to find a vacationer willing to take a trip in North Korea, given the… Read More ›