Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
Strategy
Christmas shopping season at risk of being derailed by “yellow vests”
Demonstrations by “yellow vests” have led to a 35% fall in daily revenues as well as 47% drop in footfalls for French retailers. On Friday, French retailers stated, protests against rising fuel prices as well as French President Emmanuel Macron’s… Read More ›
European Securities and Markets Authority wants no disruption to UK clearing houses
Irrespective of whether negotiators and lawmakers manage to hammer out a Brexit deal, the European Securities and Markets Authority (ESMA) wants no disruption to central clearing. On Friday, in a significant development, the European Securities and Markets Authority (ESMA) stated,… Read More ›
US-China Trade War Extended Into WTO Meeting
The trade tensions between the United States and China spilled on to a meeting at the World Trade Organization where the US accused China of utilizing the global trade body to continue with its “non-market” policies while China alleged that… Read More ›
EU Commission calls for Italy to be sanctioned over budget
The proposed budget deficit target for 2019 that was prepared by the newly elected coalition government of Italy had been rejected by the European Commission and had asked the country to submit a fresh proposal within a period three weeks…. Read More ›
Chinese Consumers Are Apparently Tightening Their Purse Strings
There are some negative signs for China’s huge consumer market which can be bad news for the Chinese economy which is already facing a potential slow down. According to analysts, the individual consumer in the second largest economy of the… Read More ›
EU-Britain agrees on declaration on their future ties
Much of the noise coming out of Britain was in this general direction. This draft declaration could potentially stymie headwinds for British Prime Minister Theresa May. On Thursday, as per an official from the European Union with knowledge of the… Read More ›
Mattress Firm Inc emerges from bankruptcy within 2 months of filing for Chapter 11 protection
The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
China gauging impact of U.S. report under Section 301
The U.S. has proposed to expand the list of high-technologies listed under Section 301 which bars their exports to countries that are deemed as unfriendly. On Thursday, a spokesman from China’s Commerce Ministry stated, Beijing is in the process of… Read More ›
Cryptocurrencies Other Than Bitcoin That Investors Know Of
While bitcoin is the most popular digital currency, there are others that one should take note off. Since the creation of bitcoin in 2009, there has been emergence of about 1,500 other crypto currencies. And they are categorised in segments… Read More ›