Making commitments and reneging on them appears to be part of the unscripted, Shakespearean Brexit drama that is threatening to ravage the British economy. A second referendum seems increasingly more inviting given the prospects of increased clarity that will stem… Read More ›
While waiting for three major macro events and a barrage of tech companies reporting earnings, markets adopted a cautious approach which pushed the value of gold to a seven month high. The markets are awaiting three crucial events – a… Read More ›
The European Court of Justice is to decide whether the provisions of the EU-Canada FTA on investment protection are tenable in within the ambit of EU law. On Tuesday, Advocate General Yves Bot recommended to the European Court of Justice… Read More ›
Saudi Arabia’s PIF used an equity collar to reduce its exposure to price movements of Tesla’s shares. As per a report by the Financial Times, Saudi Arabia’s Public Investment Fund (PIF) has reduced its exposure to Tesla Inc. Saudi Arabia’s… Read More ›
The total insurance loss for 2018 has touched $12.4 billion.
Sanctions on three Russian companies that are allegedly linked to Russian oligarch Oleg Deripaska, an ally of President Vladimir Putinm have been lifted by the Trump administration. After Mr Deripaska ceded control, sanctions on aluminium giant US Rusal, En+ Group… Read More ›
Even as various data suggested a steep drop in foreign investments in the United Kingdom and a six year low for the outlook for growth, British companies are “praying for an extension to article 50” and not a no deal… Read More ›
Germany aiming for renewable and sustainable energy power for its long term energy security policy. On Monday, Peter Altmaier, Germany’s Economy Minister made it clear that Germany does not want to compensate the loss of electrical power for its planned… Read More ›
The Carlos Ghosn saga is now being under the SEC’s loop. As per a source, the SEC is examining whether Nissan has maintained adequate controls to prevent improper payments. On Monday, Nissan Motor Co stated, it is co-operating with an… Read More ›
Subaru had suspended operations at the plant following a suspected defect in a power steering component. On Monday, Subaru Corp disclosed, it has restarted its only car factory in Japan. The resumption of work at the plant comes in the… Read More ›
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