According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
Regulations & Legal
Deutsche, Citi, and ANZ may have violated cartel laws in Australia
On Friday, in a local court a magistrate presiding over a case which is yet to go to trial, was presented with a four-word handwritten note by a JPMorgan Chase & Co banker which was presented by Australian prosecutors as… Read More ›
British elections sees rise of nationalists in Northern Ireland and Scotland
On Friday, with Democratic Unionist Party deputy leader Nigel Dodds losing his seat in the British parliament has increases the likelihood of Northern Ireland electing more Irish nationalists than pro-British unionists for the first time since 1921. As a result,… Read More ›
She Will Do Things Her Own Way, Says New ECB Chief Christine Lagarde
The newly appointed president of the European Central Bank and the former chief of the International Monetary Fund, Christine Lagarde, will be doing things her own way as president. This was a clear message from her to the investors and… Read More ›
US And China ‘Very Close’ To Trade Deal, Says Trump
United States president Donald Trump has announced that the US and China were “very” close to a “big” trade deal which saw a rise in the US stocks after the announcement. “They want it and so do we!” the US… Read More ›
HSBC Swiss Private Bank Settle US Tax Evasion Case For $192 Million
HSBC’s Swiss private bank agreed to come to a settlement with US regulators in a deal worth $192.4 million in penalties and forfeiture over charges brought against it in along running inquiry of conspiring with US taxpayers and to help… Read More ›
Historic Market Debut Of Saudi Aramco Followed By Growth In Share Price
The historic debut at the stock market by the Saudi Arabian oil giant Saudi Aramco has seen the stocks of the company rise by 10 per cent at the start of their trading on Wednesday. The Aramco IPO was the… Read More ›
Progress At UN Climate Change Talks Being Blocked By Major Emitters: BBC
Attempts are being made to block progress at the COP25 meeting in Madrid which has angered delegates from developing countries set to participate in the meeting, claimed a report by the BBC. The blocking actions of some large emitters was… Read More ›
Trump will have final say on tariffs and U.S.-China trade deal: Peter Navarro
U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
HSBC Holdings Plc’s Swiss unit to pay $192 million in U.S. tax dodging case: DoJ
In a statement the U.S. Department of Justice stated, the Swiss private banking unit of HSBC Holdings Plc will be paying $192.4 million to resolve a U.S. probe of its role in helping wealthy Americans evade taxes by using undeclared… Read More ›