The International Monetary Fund kept its global growth forecast unchanged on expectations the euro zone and Japanese growth would accelerate despite cutting the economic growth outlook for the U.S. and U.K. Unchanged from its April outlook, the IMF forecast global economic growth… Read More ›
The German IT industry association Bitkom estimated that the attacks on German companies caused around 55 billion euros’ worth of damage a year and said that more than half the companies in Germany have been hit by spying, sabotage… Read More ›
According to analysts who say that it is set to ride a wave of improved euro zone data and weakening investor conviction in the U.S., the euro could be on track to hit $1.20 against the dollar before the year… Read More ›
As Brexit drives them across the pond, even as a Dutch cap on bank bonuses keeps financial firms away, Amsterdam is seeking to lure companies and the European Medicines Agency. Including broadcasters and services firms, as they seek to lock in… Read More ›
France’s dynamic new president will push its fastest growing fintech sector up the global rankings the sector is optimistic. But even if they have French roots, startups based in London do not yet seem ready to swap that key hub… Read More ›
In a program that would bring severe sanctions and eat up precious resources that could have been spent boosting the nation’s quality of life, North Korea committed to a huge investment when it decided to go nuclear. But its leader… Read More ›
Following the highly anticipated public listing of Netlink NBN Trust, which raised about 2.35 billion Singapore dollars ($1.72 billion), Southeast Asia’s largest telecommunications company may be on the hunt for acquisitions. The broadband arm of Singapore Telecommunications (Singtel), which said it took in… Read More ›
With many market watchers expecting the bank to announce in September plans to reduce its bond-buying program, the European Central Bank (ECB) is widely expected to hold interest rates steady. As a sign that the central bank could start “tapering” earlier than… Read More ›
By pulling off three Eurobond sales in just over a year, Konstantin Vyshkovsky has shown he can dodge sanctions imposed against Russia. But as the country looks to swap $4 billion of old foreign bonds for new ones, the Finance… Read More ›
As the emirate’s neighbors want a solution “that will stick,” there’s little likelihood of a quick resolution to the Gulf standoff over Qatar, reported the media citing a senior United Arab Emirates official. A clear signal that the emirate is… Read More ›
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