Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›
The July 2018, meeting between European Commission President Jean-Claude Juncker with U.S. President Donald Trump has done a lot of good, with both sides deciding to negotiate a further cutback to their respective trade tariffs. In August, for the very… Read More ›
The development assumes significance because it essentially diversifies PIF’s sources of funds and it provides it with much needed financial muscles in its efforts to bring about Saudi Arabia’s Vision 2030 plan, which aims to diversify the Kingdom’s markets and… Read More ›
China’s lending program to the island nations of the South Pacific has gone from zero to more than $1.3 billion over a decade. The relatively high cost of debt-servicing in these tiny economies have stoked fears that the entire region… Read More ›
Oil prices in Venezuela are set to rise to international levels. However, Venezuelans who register their vehicles in the vehicle census that is being carried out by his government will continue to receive subsidized fuel prices. Through a televised address,… Read More ›
The appointment comes at a time when the Chinese economy is cooling with record low retail sales, and is showing signs of stress from U.S. sanctions. On Tuesday, in a strategic move China has appointed Zhu Hexin as the vice… Read More ›
With demand exceeding supply, the Dutch yacht building industry is seeing a new high. Continuing its maritime tradition and on the back of technical superiority stemming right from the 17th century, which is also known as the Golden Age, the… Read More ›
In a research note to clients, Goldman Sachs has forecast a positive end to the Brexit ordeal. Wishful thinking? History will tell. The months to watch will be October and December. With less than 8 months to go before Britain… Read More ›
Geo-political tensions, including a widening rift between the U.S. and Turkey, along with Erdogan’s grip on monetary policy are upping the stakes for Eurozone’s banks in Turkey. On Friday, with the Turkish Lira registering yet another record low against the… Read More ›
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
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