Recent Posts - page 627

• Saudi Arabia raises prospects of ditching USD to stop NOPEC bill

  By admin1 on April 5, 2019 • ( 0 )

  

  If Saudi Arabia were to in fact go ahead with the move it would have significant geo-economic and geo-strategic changes. Riyadh depends on the United States militarily to defend itself against arch rival Iran. In a significant development, Saudi Arabia… Read More ›

• Cliffhanger Brexit will have deep impact for select sectors: WTO’s Director-General

  By admin1 on April 5, 2019 • ( 0 )

  

  The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›

• IMF Research Says $1 Trillion Can Be Saved By Government By Reducing Corruption

  By admin2 on April 4, 2019 • ( 0 )

  

  The International Monetary Fund (IMF) believes that there can be big economic awards for governments across the globe if they are able to crack down on corruption in their countries. This comment was made by the IMF following a new… Read More ›

• EU To Rename Veggie Burgers As Veggie Discs

  By admin2 on April 4, 2019 • ( 0 )

  

  The less palatable-sounding “veggie discs” would re[place the veggie burgers a Brussels committee has declared. Following a vote in the European parliament on changes to a food-labelling regulation, this could be applicable to vegan sausages, tofu steaks and soya escalopes… Read More ›

• UniCredit preparing to bid for Commerzbank AG

  By admin1 on April 4, 2019 • ( 0 )

  

  UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›

• Deutsche Bank and Commerzbank merger talks in limbo

  By admin1 on April 4, 2019 • ( 0 )

  

  According to two sources with knowledge of the matter at hand, “As of today there is definitely no date when a decision will be taken on whether the discussions will proceed.” According to two sources familiar with the matter at… Read More ›

• UK Lawmakers call for breaking up KPMG, EY, PwC and Deloitte

  By admin1 on April 3, 2019 • ( 0 )

  

  Calls for breaking up the big four accounting firms are on the rise following audit failures at Carillion and retailer BHS. In a first such intervention, with the role played by accounting firm KPMG in the collapse of construction company… Read More ›

• Growing consensus in UK cabinet to accept customs union with the EU

  By admin1 on April 3, 2019 • ( 0 )

  

  This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.

• Lockheed Martin awarded $2.4 billion contract for sale of THAAD missiles to Saudi Arabia

  By admin1 on April 3, 2019 • ( 0 )

  

  The development seals the deal which both countries entered into in Nov. 2018 for 44 Terminal High Altitude Area Defense launchers, missiles and related equipment. According to a statement by the Pentagon, Lockheed Martin Corp has been awarded a $2.4… Read More ›

• Will take “long hard look” at British operation in case of a cliff-hanger Brexit: Ford Motor

  By admin1 on April 3, 2019 • ( 0 )

  

  Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›

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