Cultivated and cultured for decades, Britain has since long been a center for finance for the world over. If its nonchalant unpreparedness that it has demonstrated in the Brexit negotiations so far is of any clue, it risks losing its… Read More ›
Regulations & Legal
China pushes private investments in its weak manufacturing sector; has global ambition
By placing private funds in its manufacturing sector, which has been traditionally weak at best, China is aiming to capitalize the experience it has gained with its European partners and boost this sector which has been plagued by a host… Read More ›
BNP Paribas’ chairman dampens merger of Germany’s Commerzbank with France’s BNP Paribas
Despite Jean Lemierre choosing to keep his cards close to his chest, media reports points to a potential merger which could be the choice to safeguard against a potential takeover bid. On Friday, Jean Lemierre, BNP Paribas’ chairman chose to… Read More ›
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›
Mattel has rejected Hasbro’s new takeover bid: Sources
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
News Report States Facebook And Google To Face Tax Bills By Israel
Adding to the attempts by a number of countries that include the European Union, in internet companies Google and Facebook are most probably going to be slapped with tax bills within a year by Israel which is planning and preparing… Read More ›
Airbus likely to land orders for 400 jets from Indigo Partners: Sources
Bill Franke, owner of Phoenix-based Indigo Partners, and Airbus’ John Leahy are likely to be the star of the Dubai Airshow. Bill Franke, a veteran investor in the airlines sector, is set to place a historic $40 billion order for… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›