Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
analysis
European markets celebrate Macron’s win of the French Presidential elections
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
Insurance companies staring at the vacuum of cost-sharing subsidies
Pegged at $7 billion for 2017 and $10 billion for 2018, cost sharing subsidies are key to the survival of insurance companies. Without them, insurers say they will be forced to raise insurance premium rates by at least 20% next… Read More ›
Apple highlights its past, present and future U.S. job creation history
This significant move comes at a time when lawmakers are reviewing U.S. tax policies to bring back accumulated profits from overseas at lower tax rates. Apple’s Chief Executive Officer, Tim Cook has disclosed that Apple plans on creating… Read More ›
Joseph Otting could replace Thomas Curry as Comptroller of the Currency
Keith Noreika, a banking lawyer at Simpson Thacher & Bartlett LLP, is being considered as an acting comptroller. The Wall Street Journal has reported that the Trump administration plans on replacing Thomas Curry as the Comptroller of the Currency. Although… Read More ›
Public records show public investments funds flowing into Trump’s business interests
With this potential violation of the U.S. constitution, Trump appears to be risking everything by choosing not to divest. As per two senators, U.S President Donald Trump is setting a unparalleled precedent by flirting with potential violations to the U.S…. Read More ›
The U.S. International Trade Commission will probe patent violations over usage of thermoplastics by Japanese and German automakers
If it is of any indication, shares of companies against whom the complaint has been filed by Intellectual Ventures II, have largely remained unmoved. Trade authorities in the United States have disclosed that they will soon begin an investigation into… Read More ›
Fox and Blackstone Group to bid for Tribune Media Co
Their joint bid comes in less than 2 weeks after the U.S. Federal Communications Commission voted to lift the 2016 limit on the number of television stations broadcasters can buy. Sources familiar with the matter at hand have disclosed that… Read More ›
Trump threatens to scrap KORUS, wants payment for THAAD
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
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