If Saudi Arabia were to in fact go ahead with the move it would have significant geo-economic and geo-strategic changes. Riyadh depends on the United States militarily to defend itself against arch rival Iran. In a significant development, Saudi Arabia… Read More ›
The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›
UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›
According to two sources with knowledge of the matter at hand, “As of today there is definitely no date when a decision will be taken on whether the discussions will proceed.” According to two sources familiar with the matter at… Read More ›
Calls for breaking up the big four accounting firms are on the rise following audit failures at Carillion and retailer BHS. In a first such intervention, with the role played by accounting firm KPMG in the collapse of construction company… Read More ›
This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.
The development seals the deal which both countries entered into in Nov. 2018 for 44 Terminal High Altitude Area Defense launchers, missiles and related equipment. According to a statement by the Pentagon, Lockheed Martin Corp has been awarded a $2.4… Read More ›
Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›
United States car manufacturer Ford is yet to finalize its long term plans on for the United Kingdom and the company is already spending tens of millions of euros as it is preparing for a situation of a no Deal… Read More ›
China, the world’s second-largest economy, is growing at its weakest pace in almost 30 years. Its trade war with the U.S. is significantly having a deep impact on its economy. Consumer brands across China, including Apple Inc, have lowered their… Read More ›
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