Even as various data suggested a steep drop in foreign investments in the United Kingdom and a six year low for the outlook for growth, British companies are “praying for an extension to article 50” and not a no deal… Read More ›
Regulations & Legal
Germany to phase out of coal-fired power plants by 2038
Germany aiming for renewable and sustainable energy power for its long term energy security policy. On Monday, Peter Altmaier, Germany’s Economy Minister made it clear that Germany does not want to compensate the loss of electrical power for its planned… Read More ›
Cooperating with SEC’s probe on executive pay: Nissan
The Carlos Ghosn saga is now being under the SEC’s loop. As per a source, the SEC is examining whether Nissan has maintained adequate controls to prevent improper payments. On Monday, Nissan Motor Co stated, it is co-operating with an… Read More ›
Japan’s carmaker Subaru Corp resumes production in Japan
Subaru had suspended operations at the plant following a suspected defect in a power steering component. On Monday, Subaru Corp disclosed, it has restarted its only car factory in Japan. The resumption of work at the plant comes in the… Read More ›
UK Lawmakers Seek Suitable Rules For UK Financial Sector As Goldman Issues Warning
Goldman Sachs has warned that there can be job cuts if there is no deal when the United Kingdom goes out of the European Union. This has caused UK politicians to start an inquiry to ascertain the best way out for… Read More ›
France preparing for no-deal Brexit: French Finance Minister Bruno Le Maire
Le Maire made it very clear that if Britain goes the no-deal route, it will not ease the process by offering deals on logitics and aviation. Supply chains could be significantly affected in case of a cliff-hanger Brexit. French Finance… Read More ›
British lawmakers push for 9 month Brexit extension
May’s counter to this development needs to be weighed in, since irrespective of grant of an exception to extend Brexit, there is no change in the decision itself – No Brexit, No deal or deal. An attempt by British lawmakers… Read More ›
EU finance ministers reject easing out liquidity rules for trading in bullion in Basel III
Basel III regulations are slated to come into force in 2022. While he London Bullion Market Association (LBMA) wants the net stable funding ratio (NSFR) to be at the 50% mark, EU finance ministers want it secured at 85%, to… Read More ›
Balancing national particularities and importing new products: the Wonderbox secret.
Companies which initiate international expansion will inevitably encounter the same conundrum: how to remain within their area of expertise and respect their own processes on the one hand, and not disrupt local customs on the other. French gift box company… Read More ›
Economic growth in U.S., Europe to slowdown in 2019: Ray Dalio
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›