By challenging the proposal on how to tax the rich before fall elections by Czech Prime Minister Bohuslav Sobotka, Czech billionaire Finance Minister Andrej Babis took aim against his governing partner. Cutting down of income tax for earners with monthly… Read More ›
With the Chinese smartphone maker TCL Communication introducing its first Blackberry-licensed phone with the physical keyboard that was long its key allure, fans of the pioneering email machine need not despair even though Blackberry Ltd may have exited the device… Read More ›
Deductions from one fund manager’s big-data analysis have concluded that Marine Le Pen is on course to be the next president of France. he expected the right-wing populist to prevail thanks to his firm’s proprietary artificial intelligence (AI) system’s analysis… Read More ›
According to Christian Nolting, chief investment officer at Deutsche Bank AG’s wealth management unit, rich investors are shunning equities because of concerns about the political impact from Donald Trump’s administration and Brexit. “People are still cautious; there is still demand for… Read More ›
The world’s third-largest economy is being held back by an unusual source and it is has nothing to do with economics. A recent study by the government shows that apart from making people grumpy and unhealthy, sleep deprivation is doing… Read More ›
U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
A top U.S. official has said that if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, some U.S. financial institutions could be locked out of the European market. International rules agreed during the 2007-09… Read More ›
Due to perceived pressure from China’s central bank to clamp down on capital outflows, the nation’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency form the country. The major bitcoin exchanges said in separate statements on… Read More ›
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