Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›
Scientists have claimed that the current Europe-wide heatwave has been made twice more likely to reoccur because of climate change because of human activities. The conclusion was arrived at following comparison of the present high temperatures with the historical data… Read More ›
German Agriculture Minister Julia Kloeckner said on Saturday that there has been some improvement in the trade relationship between the United States and Europe. But Kloeckner also added that the quantity of soybeans that Washington expects would be bought by… Read More ›
In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
With the aim of attracting consumers to its paid subscription service, scripted series and other original programming is being created by Alphabet Inc’s YouTube for some of its international markets which include France, Germany, Japan, Mexico and India, according to company… Read More ›
Japan’s blossoming digital payments industry is being eyed by one of the world’s largest tech companies. A new online and mobile payment app called PayPay will be launched in Japan by SoftBank in partnership with Yahoo Japan. The app is set… Read More ›
Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
Following the comment from the chief financial officer of Facebook that the revenue growth of the company would “continue to decelerate in the second half of 2018”, the shares of the company tumbled by more than 20 per cent during… Read More ›
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