BMW is expanding its DriveNow service to nine more boroughs across London; as a result its total fleet size is also increasing to 720 BMW and Mini cars in London. Wit BMW overcoming some of its barriers to operating across… Read More ›
London
Indigo Airlines eyes purchase of Airbus A330neo or Boeing 787 midst expanding market
With IndiGo set to increase its footprint to international destinations, the Indian carrier is likely to purchase either an Airbus A330neo or Boeing 787. Indian budget airlines IndiGo disclosed, it was holding talks with aircraft manufacturers on adding wide-bodied aircraft… Read More ›
New York has become the world’s most attractive financial center
Brexit has cost London the title of the world’s most attractive financial center. According to the results of a survey released on Wednesday, New York, United States, has overtaken London as the world’s most attractive financial center following Britain’s decision… Read More ›
Deutsche Bank re-routes euro clearance to Frankfurt from London
Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›
Airbus SE wins orders for 10 A320neo jets for $1.1 billion
Airplane makers have garnered orders for nearly $50 billion from London’s Farnborough Airshow. On Thursday, Airbus SE stated it had won a provisional order for 10 A320neo planes worth $1.1 billion at list prices from an undisclosed customer. The announcement… Read More ›
Britain aims to make Financial services a national priority post Brexit
Its very likely that the European Union will place Britain in the same category that it places the U.S. and Singapore: restricted market access to the Eurozone. On Tuesday, John Glen, Britain’s Economic Secretary to the Treasury, stated, financial services… Read More ›
UBS Report ranks the world’s top 77 metropolitan cities
Did you ever wonder which is the world’s most expensive city to do business in? Which offers the most value for money? Which city offers the most bang for money for couples going out on a Friday night? The UBS… Read More ›
Cost to recruit global talent could rise by nearly 300% in UK
Falling back to the Tier 2 visa system, in the event of Britain failing to secure a bilateral agreement with the EU on the movement of people, is likely to be a costly affair given that Tier 2 visa applicants… Read More ›
Japan’s Takeda Pharma set to acquire Shire for $61.5 billion
The deal, one of the largest in the pharma industry, will place Takeda Pharma into the top ranks of global drugmakers. On Tuesday, in a strategic move Japan’s Takeda Pharma stated it has agreed to acquire London-listed Shire for $61.50… Read More ›
Britain based financial services likely to have limited market access to EU’s single market regime
The services of London-based financial services, including funds, banks and insurers are likely to be capped in their access to EU’s single market regime. Bloomberg has reported, citing a draft document, that the European Union plans on providing British-based financial… Read More ›
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