The shock verdict has led to a fall of business and investor confidence in the British economy. The fall of the pound has made the UK companies easy picking for foreign companies who have snapped up lucrative deals. The shocking… Read More ›
EU
Antitrust regulators in South Korea fine Qualcomm $854 million for violating antirust laws
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›
Boeing bags IranAir deal by giving 50% discount
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
Alternative Investment Management Association outlines its wishlist before Brexit negotiations
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
EU close to sealing free trade pact with Japan
The United States’ loss is Europe’s gain.
Scotland prefers to remain within the EU
On Tuesday the Scottish government will examine various proposals on how it can remain within the EU. These proposals could potentially deliver a body blow to the UK’s posturing of a united front. In the coming week, Scotland is set… Read More ›
EU set to gain clearing house business after Brexit
The relocation of the multi-billion-euro business to a city within the EU is likely to happen once Britain leaves the bloc. As per an official from the European Union, the bloc is considering legislative measures to relocate London’s euro-denominated clearing… Read More ›
Theresa May’s posturing are a pointer to the fact that Britain needs access to EU’s single market bloc
Although Britain has opted out of the EU, Theresa May has stated it will still continue to play a full part in discussions on matters related to the European Union. Her warning that it would take nearly a decade to… Read More ›
Britain to trigger Article 50 before March 2017
With Theresa May’s government advancing the date by when she intends on triggering Brexit talks, clearly she has a strategy in mind and is keeping her cards very close to her chest. While her flamboyant Brexit minister generates enough noise… Read More ›
Clarity required on how Britain will access EU’s single bloc market – Bank of England
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.