Richard Harrington, Britain’s junior business minister expects parliament to take charge in the event of a cliff hanger Brexit. Britain’s junior business minister Richard Harrington stated, the Bank of England may have to step in to pump in money into… Read More ›
economy
Qatar to invest $20 billion in sports sector ahead of 2022 world cup
Qatar aspires to be a regional hub for sporting events in the run-up to the 2022 soccer World Cup. As per a senior Qatari official, the Gulf state is aiming to attract more sports companies to the Gulf state and… Read More ›
Businesses testing their Brexit-preparations ahead of Brexit: KPMG
With just 40 days to go before Brexit, businesses are making sure they have sufficient cash reserves and inventories in case of a cliff-hanger Brexit. With just 40 days to go before the scheduled kickoff of the United Kingdom from… Read More ›
Global automakers brace for potential tariffs on autos and car parts
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
Risk of recession rises for the U.S. economy
Europe is also staring at a similar scenario. According to financial data, with the outlook of Wall Street’s earnings facing a significant deterioration in recent months, the risk of the United States slipping into a recession has become a major… Read More ›
Here is why Britain is a proud nation of shopkeepers
British shops proved their mettle and displayed their resilience in the face of Brexit, with retail sales jumping by a whopping 4.2% in January 2019. Retail sales in Britain rebounded strongly in January with stores, including clothing stores, dishing out… Read More ›
U.S.-China high-level trade negotiations begins in Beijing
The talks will end on Friday. On Thursday, China’s state news agency Xinhua reported, the United States and China have begun high level trade negotiations in Beijing. The Chinese team is being led by Chinese Vice Premier Liu He while… Read More ›
U.S.-China faces chasm over structural economic reforms
China has done little to address core U.S. concerns on respecting and adhering to international standards on intellectual property rights and forced transfer of U.S. technology to Chinese firms. Unless there is a verifiable way to ensure Beijing sticks to… Read More ›
Theresa May reneging on UK government commitments on Irish backstop
Making commitments and reneging on them appears to be part of the unscripted, Shakespearean Brexit drama that is threatening to ravage the British economy. A second referendum seems increasingly more inviting given the prospects of increased clarity that will stem… Read More ›
Cost benefit analysis to strengthen Italy’s hand for a high-speed link between France-Italy
Given the political dynamics in Italy, the commission’s CBA could prove useful in deciding whether to complete the high-speed rail link between the two EU nations. On Monday, in an interview with Itlian news daily Il Corriere della Sera, Massimo… Read More ›