He’s “concerned” by the recent executive orders U.S. President Donald Trump signed to restrict immigration, said Facebook Inc’s Chief Executive Officer Mark Zuckerberg. The likes of undocumented immigrants who had come to the United States with their parents at a young… Read More ›
As official crackdown on bribery makes it the worst year for the luxury industry since 2009, Swiss watch federation reports huge drop in exports to China to the tune of 10 % last year. As the Chinese bought far fewer… Read More ›
Theresa May knows her legacy depends on walking on the middle path: cosying up to Trump will not put her in the good graces of her neighbours; revealing her “Hard Brexit” stance has already pushed her against the wall. Desperate… Read More ›
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
U.K. Prime Minister Theresa May’s talks over leaving the European Union is getting complicated as she is battling a rebellion from her own lawmakers. Demanding that May publishes an official government document detailing her negotiating goals, at least six Conservative… Read More ›
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
The development has manifold potential for Nigeria – not only will it substantially slash its oil import bill but it could also strengthen its creaking power grid. In a strategic move aimed at recouping sunken cost in Nigeria’s oil refineries,… Read More ›
Signs of optimism emerged from Justin Trudeau’s government that it can escape the upheaval relatively unscathed on a day when Donald Trump backed out of one trade deal that included Canada and pledged to reopen a second. With Trump atop the… Read More ›
While this ruling was expected by analysts and lawmakers, it could complicate if not delay Theresa May’s 12-point plan of focusing on global trade. In a landmark ruling that could set Britain’s tone for Brexit, the UK’s Supreme Court has… Read More ›
In recent months, Beijing has clamped down on the flight of currency from its economy while denying the imposition of new capital control norms. Last year, the yuan fell to its 7 year low against the greenback. A top executive… Read More ›
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