David Craig, the current head of Thomson Reuters Corp’s Financial and Risk unit will become the CEO after the completion of the deal, which is expected to close by 2018. According to a statement by U.S. private equity firm Blackstone… Read More ›
risks
U.S. economic growth could result in faster interest rates hike
Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›
Law and Justice (PiS) party’s musical chair of CEOs places Poland’s stock market at greater risks
By far the largest beneficiary of EU’s funds, PiS’ management of state run corporates have investors running for cover. With Poland’s ruling party making a flurry of changes in the leadership of state-controlled enterprises, the country’s stock exchange, that beat… Read More ›
Rising fuel costs threatening global airlines profit outlook: IATA
Rising fuel costs and geopolitical tensions along with a host of other factors are adding to the risks of the airlines industry, despite a stronger global economy pushing up passenger yields. On Monday, airline operators across the globe have slashed… Read More ›
U.S. economy chugging along smoothly despite risks of trade wars
Emerging economic data of the U.S economy has so far managed to keep trade wars and related fears at bay. All eyes are now on the outcome of the G7 meeting in Quebec and that of the Federal Reserve, scheduled… Read More ›
U.S. trade action risks alienating key allies
Although Trump’s ‘America First’ policy looks good on paper, the way it is being implemented could see more than 2 million jobs being lost n the very states that voted for Trump and his candidates. Following the imposition of stiff… Read More ›
Ford’s wholly owned subsidiary receives license to set up a bank in Germany
Ford Credit Europe (FCE), a wholly owned indirect subsidiary of Ford can now continue to service business customers, dealers, fleets and retailers, in Britain and other countries in Europe. A spokesman for Ford stated, its application to set up a… Read More ›
Airport infrastructure costs needs to be kept low: IATA CEO
Booming air traffic has given rise to surge in profits across global air-carriers, however with their net margin being at just 4.7%, the scope for exuberance is limited. On Monday, Alexandre de Juniac, the Chief Executive of International Air Transport… Read More ›
Progress in Brexit negotiation increases the chances of a trade deal between Britain and EU
The outcome of a poll involving 68 economists on the probable impact of on-going Brexit negotiations, makes an interesting read. With Brexit negotiations showing signs of progress, it is likely that they will probably end in a free trade deal,… Read More ›
London’s direct rule over Northern Ireland fraught with significant risks
British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
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