Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
Strategy
EU aims to end trade dispute with U.S.
The U.S. tariffs, that are currently exempted, on EU’s exports of aluminum and steel to the U.S., are set to end on June 1. On Monday, Peter Altmaier, Germany’s Economy Minister disclosed Germany aims to end a trade dispute between… Read More ›
Study Claims Disease In Stomach Can Be Diagnosed By Bacteria On A Chip
Bleeding in the stomach or other gastrointestinal problems can now be easily detected by an ingestible sensor that has a genetically engineered bacteria that has been developed by American researchers. The study, published in the journal Science, describes the new… Read More ›
Agreement To Many Eurozone Banks Less Risky Reached By EU Finance Ministers
A consensus has bene reached between EU finance ministers to make bank regulations stricter which essentially meets a crucial German condition that was given to allow for any larger agreement on reforms in the eurozone. Berlina and other northern eurozone… Read More ›
Russia hints that it will gradually boost its oil production from June 2018
OPEC and Russia have been withholding their respective crude oil production levels while oil producers from the U.S., Canada and Brazil have been boosting theirs. As a result of the production cuts, oil prices touched their multi-year high of $80.50… Read More ›
The Meghan Markle effect: sale of yellow gold in the U.S. jumps after her engagement to Britain’s Prince Harry
Market intelligence from the World Gold Council suggests that celebrity purchases typically influence jewelry sales. There is also a shift in consumer preference from yellow and white gold to rose gold. As per a report from the World Gold Council,… Read More ›
Plunge In Market Saw $200 Million In A Single Day For Goldman Sachs
Its boom-time for at least one trading desk at the Wall Street. According to media reports citing people with knowledge of the matter, on a day in February when the serenity of the stock market was suddenly shattered by an… Read More ›
Mark Zuckerberg Accused Of Avoiding Questions Of Lawmakers Of European Parliament
While apologizing for the mistakes by the company, Facebook CEO Mark Zuckerberg failed to impress the European lawmakers as he apparently dodged their questions. Political leaders and lawmakers at the European Parliament in Brussels spent about 8u0 minutes in questioning… Read More ›
Deutsche Bank to slash global headcount by 25%
The move is part of Deutsche Bank‘s strategy of to turn the corner and become profitable once again. On Thursday, Deutsche Bank disclosed it plans on reducing its global staff to levels below 90,000, down from 97,000, as part of… Read More ›
Customs data shed light on Chinese imports of U.S. products in April 2018
China’s anti-dumping duties on U.S. products appear to be an attempt at misdirection. Data from the U.S. General Administration of Customs lifts the fog of perception and diplomatic posturing. Data from the General Administration of Customs have revealed that China’s… Read More ›