On Tuesday, according to two government officials with direct knowledge of the matter at hand, Japan is preparing an economic stimulus package worth $120 billion to support its weak economic growth. “The spending will be earmarked in a supplementary budget… Read More ›
economic growth
Qatar purchased $500 million Lebanese government bonds
Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›
New sulphur regulations in fuel will shakeup shipping industry
“There’s a storm approaching but we don’t know how bad the storm is going to be,” said Glen Kedzie, energy and environmental counsel for the American Trucking Associations. With tough shipping regulations, set by the United Nations shipping agency, the… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
Economic growth in U.S., Europe to slowdown in 2019: Ray Dalio
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
M&A activity peaks in 2017
This marks the highest levels since the 2007-2009 financial crisis. Analysts opine that after the passing of the U.S. Tax bill, M&A activity could pick up in 2018. 2017 has been a strong year for the M&A scene with activity… Read More ›
Nestle deepens its investments in Cuba, lays foundation for $55 million coffee and biscuit factory
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›