The ECB’s simulation shows the U.S. will have bear the full brunt of the trade war, if Trump were to engage in it with more than a one country. In March Trump had said, trade wars were “… an easy… Read More ›
Regulations & Legal
U.S. trade tariff’s unlikely to directly translate into more jobs
One of the more significant reasons why Trump’s tariffs will not translate into more U.S. jobs is that consumers are not willing to pay a premium for ‘Made in USA’ goods when goods of the same quality is available for… Read More ›
No Deal Brexit Could Put Flights Between UK And Europe ‘At Risk’: UK Government
The UK government has warned that there can be disruption to air travel from UK to other European countries because if there is a no-deal Brexit. This was revealed in the latest set of documents that lists how key industries… Read More ›
Anglo-Swiss mining and commodities giant Glencore launches additional share buyback of up to $1 billion
Glencore has come under investor pressure to boost its shareholder returns; it is also under pressure from U.S. regulators who have raised alleged corruption and bribery charges against the company. On Tuesday, mining and commodities trading giant Glencore stated, it… Read More ›
World’s Largest Gold Miner To Be Created By Acquisition Of Randgold By Barrick
A new king is set to emerge in the global gold industry. The largest mining company for gold is set to be created after the announced purchase of Randgold by rival miner Canada’s Barrick Gold, the two companies have announced on Monday…. Read More ›
Scientists Find Out 5 Subtypes For The Killer Type 2 Diabetes
American scientists have managed to find out five distinct groups of DNA sites with the help of genomic data. The identified DNA sites are believed to be the root cause of distinct forms of type 2 diabetes. This discovery would… Read More ›
Comcast’s $40 billion acquisition of Sky sends Sky’s share shooting up
With Comcast’s bid winning the auction, a rare event, the U.S. Cable-TV giant now enjoys the spoils of owning Europe’s biggest pay-TV group. Early trade on Monday saw shares of Sky jump by 9% to 17.22, slightly below the 17.28… Read More ›
All options on the table, including second Brexit referendum: Jeremy Corbyn
Britain’s Brexit negotiations promises to reach charismatic climax typically seen in the Mission Impossible series of movies. BBC’s political editor, Laura Kuenssberg’s tweet states, the Labour Party wants all options on the table. Apart from the obvious political impact, the… Read More ›
China to publish white paper on trade war with U.S.
Xinhua’s report has not provided any details other than the the time the report is set to be published and that it will include “facts and China’s position”. On Monday, China’s official Xinhua news agency reported that Beijing’s state council… Read More ›
British PM Essentially Rejects EU Brexit Proposals Following EU Meeting in Salzburg
British Prime Minister Theresa May clearly refused any proposal by the European Union which would effectively translate into creating a North Ireland border which would make it a part of the EU rules and regulations The proposal by the EU… Read More ›
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