With both Boards of the companies agreeing to the cost synergies in the potential deal, this is likely to be a no-brainer. On Monday, the board of CYBG, a lender, and that of British bank Virgin Money stated the former’s… Read More ›
Strategy
Rising fuel costs threatening global airlines profit outlook: IATA
Rising fuel costs and geopolitical tensions along with a host of other factors are adding to the risks of the airlines industry, despite a stronger global economy pushing up passenger yields. On Monday, airline operators across the globe have slashed… Read More ›
U.S. economy chugging along smoothly despite risks of trade wars
Emerging economic data of the U.S economy has so far managed to keep trade wars and related fears at bay. All eyes are now on the outcome of the G7 meeting in Quebec and that of the Federal Reserve, scheduled… Read More ›
European Commission drags China to WTO over alleged patents violations
Although the EU action on China shares common ground with the U.S., the route taken by the European Commission is however significantly different in that its less dramatic and disruptive. With the European Commission (EC) dragging China to the World… Read More ›
World’s Longest Flight To Be Started By Singapore Airlines Again
The longest non-stop commercial flight between Singapore and New York would be started by Singapore Airlines from October 11, 2018. The approximate duration of the flight would be 18 hours and 45 minutes. The new Airbus A350-900ULR (ultra-long-range) aircraft would… Read More ›
EU Says US Playing A “Dangerous Game” By Imposing Tariffs
According to the European Union’s trade commissioner Cecilia Malmstrom, the slapping of tariffs on European steel and aluminum is a “dangerous game” that the US is playing. The economic recovery of the EU would be negatively impacted by the move… Read More ›
Sugar Substitutes Market To Touch $19.1 Billion By 2024: Grand View Research
A new report by Grand View Research, Inc estimates that the global sugar substitutes market size would reach a total value of $19.1 billion by 2024 at a rate of growth of 4.2% CAGR. The drivers for the estimated growth during the… Read More ›
Saudi Crown Prince Mohammed Bin Salman Warned By Al-Qaeda For His Reforms
Saudi Arabia’s Crown Prince who has initiated a spree of social and economic reforms in the kingdom has been warned for his “sinful projects” by Al-Qaeda in the Arabian Peninsula. The warning was published in a bulletin released on Friday. Some… Read More ›
U.S. steel tariff to have little impact: Salzgitter
Salzgitter is the second largest steel producer in the EU. On Friday, Germany’s second-largest steelmaker, Salzgitter said, it expects U.S. steel tariffs to have limited impacts on its business. “Our direct exposure is small,” said Salzgitter’s spokesman while declining to… Read More ›
U.S. trade action risks alienating key allies
Although Trump’s ‘America First’ policy looks good on paper, the way it is being implemented could see more than 2 million jobs being lost n the very states that voted for Trump and his candidates. Following the imposition of stiff… Read More ›
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