The move is part of a bigger, wider gameplan aimed at diversifying the country’s economy. According to a news bulletin by the United Arab Emirates’ news agency WAM, its cabinet has approved steps that would allow foreign investors to have… Read More ›
Regulations & Legal
Cost to recruit global talent could rise by nearly 300% in UK
Falling back to the Tier 2 visa system, in the event of Britain failing to secure a bilateral agreement with the EU on the movement of people, is likely to be a costly affair given that Tier 2 visa applicants… Read More ›
More Commodity To Be Imported From U.S. By China, The Countries Announced
While there was no mention of the $200 billion target the United States had stressed on earlier, the U.S. and China have announced their agreement where the later would significantly increase the purchasing U.S. products and services. The countries made… Read More ›
Its Business Interests In Iran To Be Protected By EU In Lieu Of Trump Exit: Juncker
Given the possible fall out in the trade relationship that the European Union had developed with Iran after the lifting of sanctions on this oil produce following the historic nuclear agreement with major Western powers, because of United States President… Read More ›
Berenberg slashes Telecom Italia’s price target
The price cut comes midst political headwinds and issues stemming from new competition and corporate governance. With Berenberg cut its price target on Telecom Italia (TIM), citing headwinds stemming from governance issues and new competition, TIM’s share prices fell more… Read More ›
Toyota aiming to increase foothold in China’s EV market
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
China prefers no escalation in Sino-U.S. ties during negotiations
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
Xerox Corp appoints John Visentin as its CEO
Following the scrapping of the $6.1 billion deal with Fujifilm Holdings Corp, Xerox’s outgoing CEO along with 5 of its directors are being replaced with a new management team. Setting July 31 as the date for its annual shareholder’s meeting,… Read More ›
Warning Of Damage Due To Trade War Signaled By Germany’s Growth Slump
An increase in protectionist rhetoric might just have started to get reflected already in first signs of damage to Europe’s economy amidst increasing trade tensions between the European Union and the United States. A quarter on quarter growth of just… Read More ›
Cross-border derivatives contracts worth $35 trillion hangs in Brexit’s balance
ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›