Midst tumbling valuations and frosty political climate, large investment banks are backing out of Chinese IPOs on Wall Street, and are forced to slash the size of their deals. In the last few months, big banks including Bank of America,… Read More ›
Strategy
Threat from Coronavirus puts China’s trade war recovery at serious risk
If ever there was a perfect time to book profits on China China, the time is now. Despite analysts’ estimate of the Chinese economy doubling in size in 2020 in comparison to where it was a decade ago, all of… Read More ›
Kuwait will require $180 billion in financing over the 6 years
As per an estimate from the International Monetary Fund, Kuwait will require $180 billion in financing over the next six years given a scenario of low oil prices and its “modest” fiscal measures. Earlier this month, Kuwait had said it… Read More ›
Loopholes in Canadian real-estate law allows money laundering
According to a report from Transparency International (TI), loopholes in Canadian law are allowing a “corrupt elite” to use the housing market for laundering money. TI’s report found at least ten problem areas in law that deals with real estate… Read More ›
Greater Protectionist Antitrust Rules Being Planned By The EU
The European Union is planning to overhaul its industrial policy with the aim of creating an environment where European companies can do better at the global market. As a part of that plan, the EU wants to implement more stringent… Read More ›
US Wants A Trade Deal With UK By This Year After Brexit
The United States treasury secretary has said that the US intends to come to an agreement on trade after Brexit with the UK by this year. It is possible for the UK to negotiate trade deals simultaneously with the US… Read More ›
Despite US Pressure, UK’s Plans For Digital Tax Backed By Tech Regulator Of Europe
The plans of the United Kingdom to press ahead with imposing digital tax despite opposition from the United States president Donald Trump has been supported by the European Union’s leading tech regulator. She was a “strong supporter” of national digital… Read More ›
Spread Of Coronavirus Has Significantly Impacted China’s Travel & Tourism
The travel and tourism sector of China is now feeling the brunt of the concerns and fears surrounding the spread of the coronavirus. This potential public health hazard has come just before that time of the year where more than… Read More ›
Nestle increases its footprint in plant-based protein with this collaboration
On Friday, food giant Nestle stated, it has decided to collaborate with Canadian plant-based food ingredient makers Burcon and Merit to increase its footprint in the fast-growing plant-based protein segment. The teaming up will allow Nestle to tap into Burcon’s… Read More ›
Trump scheduled to sign USMCA on Wednesday
U.S. President Donald Trump is scheduled to sign a trade pact between the United States, Canada and Mexico on Wednesday during a ceremony at the White House, said an administration official while adding, invitations for attending the event has already… Read More ›
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