A formal announcement is likely to be announced later today. According to sources familiar with the matter at hand, Nexstar Media Group Inc has reached an agreement to acquire Tribune Media Co for around $4.1 billion. Once the deal comes… Read More ›
agreement
UK open to a trade deal with U.S.
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›
Iran in touch with other signatories of 2015 nuclear accord
The European Union is making headway in its efforts to legally continue economic ties with Tehran. With U.S. sanctions on Iranian oil coming into force, Tehran’s Foreign Ministry spokesman Bahram Qasemi stated, Iran is in touch with other signatories of… Read More ›
USMCA does not impact bilateral agreement: Mexican Foreign Minister Luis Videgaray
Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
Switzerland’s enters into an era of banking transparency
Swiss authorities have begun sharing account data with countries who meet international requirements on confidentiality and data security. This strategic move has placed Switzerland in fierce competition with fast-growing economies including Singapore and Hong Kong. In a significant development that… Read More ›
Trump to sign USMCA in November
The new trade deal will be called United States-Mexico-Canada Agreement (USMCA). According to a senior U.S. official, the United States intends to sign a new trade agreement with Mexico and Canada at the end of November 2018. The signing will… Read More ›
UK’s economic outlook “significantly worse” in case of no-Brexit deal: IMF
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
Australia’s energy strategy clouded by coal-friendly lobbies
With elections looming for the state of Victoria in November, a lucid, clear cut energy policy could be a challenge for the coalition government. Australian states are set to vote on a new energy policy this coming Friday which could… Read More ›