According to a report published in the Financial Times on Tuesday, credit ratings agency and wealth managers Credit Suisse has reportedly advised the ultra-high net worth individuals (UNHWI) that they could think about accelerating their plans to take their investments… Read More ›
Regulations & Legal
CFIUS approves T-Mobile US & Sprint Corp’s merger
The CFIUS approval comes in the wake of Deutsche Telekom reviewing its ties with Huawei. T-Mobile is a unit of Deutsche Telekom. In a significant development, T-Mobile US and Sprint Corp have stated they have received the go-ahead from the… Read More ›
Trade war bites into China’s growth rate
Although China has the tools to manage growing headwinds from its trade war with the United States, a strong stimulus is likely to pile on even more debt, while a loose policy could result in the fall of domestic interest… Read More ›
Rising risks of ‘managed’ Brexit: senior British Minister
If British Prime Minister Theresa May does not win sufficient support for her Brexit deal from Brussels, the likelihood of a managed disorderly exit from the EU is likely to rise. According to a senior British minister, British Prime Minister… Read More ›
U.S. Sets March 2 Date For Increased Tariff On Chinese Goods Worth $200 Billion
While the trade representatives from the United States and China get ready to start off negotiations on trade as a part of the 90 day truce agreed that China and the US agreed upon earlier in the month between Chinese… Read More ›
China Should Speed Up Reforms To Counter Trade War, Urges Chinese Advisers
The Chinese government has the means to effectively tackle the economic setbacks because of the trade war with the United States, believes a group of current and former government advisers. While doing so, Chinese policy makers would also need to… Read More ›
Toxic High Levels Of Lead In Kids’ Jewelry Kits, Target, Walmart, And Importer Sued In US
Retailers Target, Walmart and a toy importer have been alleged of distributing children’s jewelry-making kits which reportedly contain very high levels of lead which can be dangerous for children. The New York attorney general is also suing the three entities… Read More ›
Lack of clarity in Brexit has significant consequences for airlines industry
The leadership challenge faced by British Prime Minister Theresa May will have serious consequences for Brexit, including its extension or cancellation. Alexandre de Juniac, the head of the International Air Transport Association (IATA) has stated, the leadership challenge to British… Read More ›
Clouds On Global Economy Gathering To Push It To The Next Financial Crisis: IMF
According to a warning by the deputy head of the International Monetary Fund, even while the world financial system being unprepared for another economic meltdown, there are dark clods gathering over the global economy that could lead to the setting… Read More ›
China Could Cut Tariffs On U.S. Made Cars
According to reports, trade-war tariffs on imported U.S.-made cars is anticipated to be reduced by China – a measure that had already been claimed to have been achieved by United States president Donald Trump as a part of the agreement… Read More ›