A tough negotiating stance by the Theresa May’s government will only up the risks of a hard Brexit. If the free-movement of labour, a key concept of the EU, is disagreed upon, business sentiments will dip even further, signalling a hard… Read More ›
Geopolitics
European Stocks Lose More Ground due to Perceived Trump-Trade Reversal
Equities were sent lower as winners and losers among European stocks swapped places in the immediate aftermath of Donald Trump’s election victory. Riding on bets the moves went too far, industry groups that rallied as Trump defeated Hillary Clinton lost… Read More ›
Asian Countries Face Potential Threats by Trump’s Win
Not just for Chinese growth, but the entire Asia region, Donald Trump’s election as U.S. president poses significant new risks for the Chinese economy just when China’s economy seemed to be stabilizing, The reason: the president-elect campaigned on a policy… Read More ›
Goldman Sachs considering shifting its base of operations from London to Frankfurt – Sources
Goldman Sachs is carefully weighing its options vis-a-vis Brexit. Once Brexit negotiations begin there could be more clarity on the terms of the divorce which in turn could allow it to take a meaningful decision. As per 3 independent sources,… Read More ›
Britain preparing legislation to trigger Article 50
Since divorcing the EU is likely to significantly dent its business potential, Theresa May has started a whirlwind tour to offset this loss, explore further business opportunities and kickstart the stalling British economy. Sky News has reported that Theresa May’s… Read More ›
UAE’s Dubai Aerospace finances Iran’s purchase of 17 jets from Airbus
With its economy being isolated for so long, business deals with Iran has immense potential. According to sources familiar with this move, Iran has broken the logjam in its efforts to buy aircrafts from Airbus. It has reached a deal… Read More ›
Return of Sparring With Iran Could See Saudis Raising Oil Output Again: Reuters
OPEC sources reportedly said that if Tehran refuses to limit its supply, Riyadh says it could raise oil output steeply to bring prices down, stirring up old disputes between Saudi Arabia and rival Iran which resurfaced at a meeting of… Read More ›
Why Donald Trump Is Popular With A Lot Of People In India
There are groups of Indians — both in the United States and in India — who support Donald Trump, even though the Republican presidential candidate may not be too kind toward foreigners or immigrants when he’s on the campaign trail…. Read More ›
EU-Canada deal postponed until further notice
Although 27 EU states agreed on CETA, the South of Belgium had concerns related to agricultural imports which could result in MNCs dictating terms of public policy as well as those related to dispute settlements. Belgian politicians appear to be… Read More ›
Key Election Test: The Price of a Chocolate Croissant, Failed by French Presidential Hopeful
There are always plenty of surprises during the French presidential elections. A key election test: The price of pain au chocolat – a traditional French pastry, was failed by Jean-Francis Cope, who is currently running to become the presidential candidate of… Read More ›