In the wake of its widespread data falsification scandal the embattled Japanese steelmaker has taken several steps, including revising its full year revenue forecast. On Monday, Japanese business daily Nikkei reported, embattled Japanese steel company Kobe Steel Ltd, as having… Read More ›
This shadow banking system is used to launder billions of dollars. Here is how it functions. An examination by Reuters has opened a can of worms: a network of dummy online stores selling household goods have been used as a… Read More ›
Reduced vigil and lowering of standards of credit card businesses by banks, have contributed to mounting losses. On Tuesday, at an industry conference, the head of JPMorgan Chase & Co’s consumer business disclosed that losses in the bank’s credit card… Read More ›
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 ›
Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
Hammering out a swift trade deal with the U.S. promises to be the easy part, Brexit negotiations and dealing with its geopolitical fallout is likely to pose significant challenges to the United Kingdom. Britain’s Prime Minister, Theresa May has finally… Read More ›
EU leaders have repeatedly warned that the four freedoms of the 28 member nation bloc, Freedom of people, of goods, of services and capital, cannot be cherry picked. In a significant development, Britain’s famed finance industry has given up its… Read More ›
The U.S. new housing and housing repairs sector has, of late, seen robust growth. According to sources familiar with the matter at hand, Floor & Decor Holdings Inc, a U.S. based tile and flooring retailer, is getting ready to launch… Read More ›
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.
manageria.biz 