The bank has reiterated that will continue to service its European customers regardless of its relocation efforts. Its services across Europe will not be affected by the move. As part of its contingency plans, Goldman Sachs Europe’s CEO has disclosed… Read More ›
Britain hopes to stave-off the effects of a hard Brexit by partnering with China. A top official at Britain’s finance ministry has stated that Britain aspires to be China’s leading Western partner as China tries to manoeuvre itself as the… Read More ›
The Brexit negotiations will be one of the most challenging negotiations Britain will be undertaking since the end of WW II. May will have to tread carefully since it will decide her political legacy and has the potential to re-shape… Read More ›
Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
Oddly Peabody’s bankruptcy comes at a time when the Donald Trump Administration is giving the fossil fuel industry the go ahead. The world’s largest private sector coal producer, Peabody Energy Corp, has disclosed that it expects to file bankruptcy under… Read More ›
As China uses its considerable soft power to push its neighbors when it feels national interests are threatened, geopolitical tensions in East Asia have escalated in the last year. And according to analysts, to turn their fortunes around, now those countries… Read More ›
Support for an independent Scottish parliament is at a historic high. As per the results of a survey conducted by ScotCen’s Scottish Social Attitudes, support for Scotland’s independence from the United Kingdom is at its highest. However, as per Scottish… Read More ›
Scotland’s demand for an independence referendum is likely to face an uphill task since it could potentially undermine Britain’s negotiating position during Brexit talks with the EU. In a significant development, British Prime Minister Theresa May is preparing the grounds… Read More ›
Failing to provide a contingency plans would amount to a serious dereliction of duty.
For the Chinese, this is likely to be a strategic investment to get a foothold in the European financial sector. Two sources with knowledge of the matter have revealed that the Chinese conglomerate, the HNA Group, is seeking to increase… Read More ›
