As stated earlier by Pro Brexit campaigner Boris Johnson, the British government should fully disclose to its citizens the impact that Brexit will have on their nation in simple economic terms. Britain’s historic decision to leave the European Union could… Read More ›
Regulations & Legal
China’s HNA Group in the lead for the purchase of CIT Group’s plane leasing business
The HNA Group’s interest in this business is due to growing Chinese appetite for air travel. According to sources familiar with the situation, a firm backed by Li Ka-shing, a tycoon from Hong Kong along with China’s HNA Group is… Read More ›
Andrew Caspersen pleads guilty to $38 million for fraud
Those affected by this fraud include a foundation affiliated with Moore Capital Management, the Park Hill Group, family and friends. Andrew Caspersen the former Wall Street executive has now pleaded guilty of defrauding investors to the tune of $38 million… Read More ›
Brexit clouds Fed’s interest rate hike
One thing is for certain, Brexit will not pull the U.S. economy into a recession. Oil prices, the trend of the greenback and other economic conditions to a great extent behaved to the expectations of the U.S. Federal Reserve, which… Read More ›
Danone set to buy WhiteWave Foods for nearly $10 billion
The deal will enable Danone to target the premium segment with WhiteWave Food’s product offerings. According to a source who is familiar with the matter at hand, the world’s biggest yogurt manufacturer, Danone SA, is said to be in advanced… Read More ›
Chevron led business group set to invest $36.8 billion in Kazakhstan’s Tengiz oil field
Another giant oil project, Kazakhstan’s Kashagan is set to go operational in the 4th quarter of this year. Does this mean oil prices are set to move north? In a move aimed at boosting the local economy, Kazakhstan along with… Read More ›
Quick action required on EU trade terms – London’s financial district
The longer Britain takes to negotiate trade terms with EU, the more will be its economic loss. According to the head of London’s financial district, it would be prudent for Britain to move quickly on the outcome of its referendum,… Read More ›
Brexit strokes fears of global recession in the shipping sector
Here’s a brief analysis of the annual survey which has polled 200 respondents across the transportation industry. According to a survey from a leading transport agency, global shipping confidence has hit an all-time low due to fears of a possibility… Read More ›
An act of Parliament will be required before Britain can trigger Article 50 of the Lisbon Treaty
Mishcon de Reya playing a pivotal role in Britain’s history. Mishcon de Reya a law firm has started a legal action demanding that the British government first win legislative approval before triggering article 50 of the Lisbon Treaty, which will… Read More ›
Brexit bridges Protestants unionists and Catholic nationalists for a United Ireland
While EU citizens are free to travel across EU states without a visa, with Scotland and Ireland wanting to remain with the EU could cost UK dearly as it will face the very issue it doesn’t want – free migration…. Read More ›