It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
analysis
China spent $85.20 billion in shantytown redevelopment projects for Jan-July period
China is boosting its spending levels in order to fight a growing slowdown in its economy, which has sunk to its 27-year low. On Monday, in a statement, China’s housing ministry stated, it has sunk in $85.20 billion (600 billion… Read More ›
Britain’s Speaker for House of Commons takes firm stand on Brexit
The development adds to the headwinds facing British Prime Minister Boris Johnson as he rushes to implement Brexit, without a without a deal. Britain’s Speaker for the House of Commons said, he would refuse to allow Prime Minister Boris Johnson… Read More ›
U.S. trade action hammer’s China’s producer price Index to lowest in 3 years
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Boris Johnson’s cunning plan for a no-deal Brexit
While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
Little impact on hard Brexit: Nestle’s Europe chief
For Nestle, Britain represents its 5th biggest market. In a significant development, Swiss food giant Nestle’s European chief Marco Settembri disclosed, Brexit will have a “very limited effect” on its British business. “We don’t see any disruption in the business,”… Read More ›
Britain’s CMA blocks Sainsbury’s $9.4 billion takeover with Walmart-owned Asda
Walmart’s strategy to exit Britain, one of its weakest performers in its global portfolio, has effectively been blocked. Facing limited options, here’s an examination of the issue, its implications for Walmart and a potential way around it. In a significant… Read More ›
Implications of heightened scrutiny on Boeing
One of the strategies adopted by Boeing to mitigate aspects from its high-profile scrutiny, is reshuffling of executives in its commercial airplanes business, as it increases its focus on responding to the snow-balling situation. With U.S. lawmakers calling on Boeing… Read More ›
British lawmakers throw Britain in Chaos
Investors and analysts expect British lawmakers to firmly reject a no-deal Brexit; this opens up the possibility of a second referendum, a delayed Brexit or even a snap election. British lawmakers struck yet another blow to Prime Minister Theresa May’s… Read More ›
