EU rules state that Britain cannot join any trade deal before it leaves the bloc. The Financial Times has reported that Britain is interested in joining the Trans-Pacific Partnership trade bloc once it formally leaves the European Union. Britain has… Read More ›
Britain
Britain’s Brexit minister pitches for inclusion of financial services into free trade deal with the EU
Michel Barnier, EU’s Chief Brexit negotiator, had ruled out knowledge of an unfettered access to financial services in any trade deal with Britain. On Tuesday, Britain’s Brexit Minister David Davis stated that its financial services sector wants to be part… Read More ›
Dominic Blakemore appointed CEO of Compass
Blakemore’s appointment to the helm of the world’s largest catering firm, comes 3 months ahead than it was scheduled. Following the tragic demise of Richard Cousins, 58, CEO of Compass, a British-based company that was the world’s largest catering firm,… Read More ›
Goldman Sachs picks Dublin for its asset management business post Brexit
Luxembourg and Dublin have emerged as favorites among firms who are shifting their European operations from Britain following Brexit. According to sources familiar with the matter at hand, Goldman Sachs has picked Dublin as a location for its administrative staff… Read More ›
Carmakers across the European Union post record sales
European carmakers, including PSA, Renault, VW and others have posted record sales in November. According industry data publishes on Thursday, car sales in Europe have risen by 5.8% with the PSA Group and Toyota posting the strongest sales among the… Read More ›
Brent crude zooms beyond $65 a barrel
U.S. oil production is rapidly approaching oil production levels of that of Russia and Saudi Arabia. With the shutdown of the Forties North Sea pipeline, a big chunk of the oil supply has been blocked from the market and along… Read More ›
Goldman Sachs to st up office in Poland, hire 500 people for its backoffice operations
Cities across the European Union have become prime destinations for international banks in the wake of Britain deciding to leave the European Union. On Tuesday, Goldman Sachs stated it is looking to add 250 more staff to its roaster in… Read More ›
Britain and EU negotiators agree to a deal on all Irish issues
This remarkable development, is likely to be read as a sign of progress in the ongoing Brexit negotiations, said to be the toughest and the most complicated the world has ever seen since WW2. In a development that underscores a… Read More ›
Progress in Brexit negotiation increases the chances of a trade deal between Britain and EU
The outcome of a poll involving 68 economists on the probable impact of on-going Brexit negotiations, makes an interesting read. With Brexit negotiations showing signs of progress, it is likely that they will probably end in a free trade deal,… Read More ›
British insurer Aviva lays out dividend plan for shareholders
Analysts have reiterated that Aviva’s bullish goals are within reach and achievable. On Thursday, with British insurer Aviva stating, it expects to generate an extra $4.04 billion (3 billion pounds) in cash over the next 2 years and plans on… Read More ›