One of the major aims of United States President Donald Trump imposing import tariffs on multiple products – and heavily on China, was to reduce the trade deficit that the US had with its trading partners. However, according to the… Read More ›
Regulations & Legal
Brexit Deal Will Negatively Impact UK Economy, Says Theresa May Government
It has now been officially announced that the British economy would be hit by Brexit, the exit of Britain from the European Union. The economic fallout related to a number of Brexit scenarios have been published by government. All of… Read More ›
Deutsche Bank AG mulling high-level shakeup
Sylvie Matherat, Deutsche’s chief regulatory officer and a potential departee, has expressed concerns regarding constraints on improving financial-crime controls and mending the bank’s relationships with regulators. As per a report from the Wall Street Journal, Deutsche Bank AG is mulling… Read More ›
UK open to a trade deal with U.S.
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Tesla case is settled despite Musk’s “Shortseller Enrichment Commission” tweet: Jay Clayton
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
Delisting Of Settlements In West Bank Lands Airbnb In A Israeli Class-Action Lawsuit
Airbnb has been accused of “outrageous discrimination” in a class action law suit filed against it in Israel where the lawyers demanded monetary compensation for the damages that had been cause by the company following its decision of withdrawal of… Read More ›
US-China Trade War Extended Into WTO Meeting
The trade tensions between the United States and China spilled on to a meeting at the World Trade Organization where the US accused China of utilizing the global trade body to continue with its “non-market” policies while China alleged that… Read More ›
EU Commission calls for Italy to be sanctioned over budget
The proposed budget deficit target for 2019 that was prepared by the newly elected coalition government of Italy had been rejected by the European Commission and had asked the country to submit a fresh proposal within a period three weeks…. Read More ›
Chinese Consumers Are Apparently Tightening Their Purse Strings
There are some negative signs for China’s huge consumer market which can be bad news for the Chinese economy which is already facing a potential slow down. According to analysts, the individual consumer in the second largest economy of the… Read More ›
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