With the U.S. Justice Department imposing an unprecedented fine of up to $14 billion on Germany’s largest lender, Deutsche Bank is looking at its options on how to fund this fight. Bloomberg has reported Deutsche Bank AG is in informal… Read More ›
Geopolitics
German-Iran trade deals to touch 4 billion euros by the end of this year
With Iran no more shackled by U.S. led economic sanctions, Germany has taken the lead, given its historic ties with Iran, in restoring normality between the two nations and boosting trade ties. With Sigmar Gabriel’s, Germany’s Economic Minister, paying a… Read More ›
Britain’s famed financial sector could relocate over chaotic Brexit lobbying
The lack of clarity as to what Britain seeks from its historic vote and the significant implications vis-à-vis it’s much vaunted financial sector, its largest export, is giving room for increased chaos and confusion. Many of Britain’s biggest banks are… Read More ›
Opposition Leader Claims Two Years of Economic Gains Lost Due to Far-Left Government
While the leader of the country’s main opposition party called for snap elections, he also said that the leftist Syriza government has set Greece’s economy back two years. “We are ready to win the election and we are ready to… Read More ›
Brexit Must be Fair for all, says Jaguar Land Rover, After Nissan Ultimatum
If Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain’s biggest carmaker Jaguar Land Rover said that it will “realign its thinking” on investment after Britain’s vote to leave the EU. Signs that… Read More ›
Tech companies tax profile to come under scrutiny in Thailand
Thailand’s revenue department plans to increase its tax collections and its working committee is looking into blocking tax loopholes that are exploited by tech firms. Internet and tech companies based in Thailand could potentially face increased scrutiny as the country… Read More ›
Majority of UK CEOs to either move their HQ or their operations out of Britain
EU business associations and companies agree that the only way Britain can continue to benefit from EU’s single market if it were to continue to follow its rules. Going by the results of a survey that was published on Sept…. Read More ›
India’s Aging Air Force Fleet to Be Boosted as it Buys 36 Rafale Jets
In a long-delayed deal that will equip India’s air force with advanced fighter jets Indian Prime Minister Narendra Modi has finalized an order to buy dozens of warplanes from France. A contract to purchase 36 Rafale jets from Paris-based Dassault Aviation… Read More ›
Britain could lose financial might in Brexit’s wake
Passporting rights in the EU give Britain much of its financial clout. Brexit has now cast its long shadow over it. In a statement that could shed further light on the stakes of the on-going negotiations between London and EU,… Read More ›
The future of oil: will it be based on solar energy?
The days when oil economies rode on the strength of their production levels, is history. With OPEC and non-OPEC economies adding millions of barrels per day to the global oil pool, the resultant glut has seen oil prices crash to… Read More ›
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