On Tuesday, in a statement HSBC Holdings PLC said, it plans on accelerating its restructuring plans after it posted a 35% drop in quarterly profits and flagged an easing in its provisions for bad debts citing an expected improvements in the… Read More ›
Already hit by falling sales in China, and from the U.S.-China trade war, the automotive industry is going through a turbulent time. On Thursday, an industry body in Britain disclosed, British car production has dropped by an annual 3.8% in… Read More ›
Despite the ECB’s concerns, the Eurozone’s economic performance has been stellar this year – its best since the end of the financial crisis. In the wake of the European Central Bank’s policy meeting providing short term optimism to the euro,… Read More ›
Defying downturn predictions following Britain’s shock Brexit referendum the British economy has surged forward. However in the long run, the price of the sterling and its ability to negotiate access to EU’s single market will determine the country’s economic future…. Read More ›
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