The move sees Standard Chartered joining its peers who have ended their support for the dirtiest of the fossil fuels midst rising concern on climate change. On Tuesday, in a step aimed at reducing funding for dirty industries, Standard Chartered… Read More ›
funding
British carmaker Aston Martin preparing for October IPO worth $6.7 billion
According to Aston’s Martin’s CEO, Andy Palmer, investor interest in the IPO is high. The IPO will mark the 1st time a British carmaker has tapped the primary market in decades. On Thursday, British luxury carmaker Aston Martin stated, it… Read More ›
Policy debate on China’s monetary policy rages as economy faces strong headwinds
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
Hungary and Poland are challenges which will be met: European Commission
Here is how Jean Claude Junker is striving to bridge unity in diversity within the European Union. Next week, the European Union is set to deploy a new financial tool in am attempt to reign in what it sees as… Read More ›
China Aircraft Leasing Group Holdings Ltd to purchase 50 A320neo aircrafts from Airbus SE for $5.42 billion
The actual price that China Aircraft Leasing Group Holdings Ltd will pay however be lower than the aggregate list price of $5.42 billion, since it is a common practice in the aircraft industry to provide concessions to buyers. On Friday,… Read More ›
Lufthansa in the lead to buy Air Berlin’s assets
Air Berlin’s board will take a final decision on the bidding process after October 11. As per two sources familiar with the matter at hand, Lufthansa is likely to buy a large stake in insolvent rival Air Berlin; EasyJet is… Read More ›
Ashcroft model predicts a win by the Conservative Party by 64 seats
The model is contingent on the turnaround of select groups of voters on election day. As per a model created by businessman and former Conservative Party donor Michael Ashcroft, British Prime Minister Theresa May could potentially win a 64-seat majority… Read More ›
Britain will have to have “difficult conversations” with Saudi Arabia and Gulf States: Jeremy Corbyn
The Labour Party is fast catching up with May’s Conservative party. Resuming his election campaign after the London terror attacks, Jeremy Corbyn, Britain’s opposition leader, has stated Britain will need to have “difficult conversations” with Saudi Arabia and other Gulf… Read More ›
Tesla offers Australia a helping hand to solve its massive power outages
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›