POLITICAL NEWS
19 Jan
Take bank threats to leave Brexit London 'with dose of scepticism'
hsbc-verse-470-millions-de-dollars-pour-regler-un-litige-avec-les-autorites-americaines

While warnings by financial institutions that they will shift jobs away from London due to Brexit poses a risk the country’s economy and commercial property markets, there was a call on Thursday to “take their threats with a dose of scepticism”.

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19 Jan
Marine Le Pen leads poll ahead of French presidential election
marine le pen

French National Front leader Marine Le Pen has surged ahead in a key poll as attention turns to the presidential election later this year in the country.

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19 Jan
Economist Roubini compares Trump strategies with communism
Nouriel Roubini

The economist who predicted the global stock market crash in 2008 has said that if Barack Obama had espoused policies put forward by president-elect Donald Trump, he would be labelled a communist.

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19 Jan
Goldman Sachs to move half its London bankers to Frankfurt
goldman-sachs

Giant investment bank Goldman Sachs plans to move 1,000 of its City of London traders and bankers to Frankfurt when the UK exits from the European Union, according to reports in Germany on Thursday.

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19 Jan
Britain to be 'global leader in trade' post-Brexit, says Theresa May
Theresa May

Prime Minister Theresa May told world leaders on Thursday that a post-Brexit Britain will be a leader in trade and that the country would “step up to a new leadership role” after it leaves the European Union.

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19 Jan
Lockheed Martin reportedly close to $9bn F-35 contract with Pentagon
Lockheed Martin F35-B Joint Strike Fighter, Rolls-Royce, BAE Systems, aerospace, defence

The Department of Defense in the United States is ready to pen a deal with contractor Lockheed Martin worth $9bn for its controversial F-35 fighter planes, according to reports.

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19 Jan
Samsung boss evades arrest as South Korean judges rejects arrest warrant
ep samsung electronics ise 2016

The de-facto head of Samsung group will not face arrest in the South Korean corruption scandal after a judge in the country ruled against issuing an a warrant for the arrest.

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18 Jan
Mexican peso, Canadian Loonie hit by report US to re-open NAFTA deal
acero mexico

Mexico´s peso hit a fresh record low on Wednesday evening after The Globe and Mail reported that incoming US trade chief Wilbur Ross had notified the Canadian government of the new American administration´s intention of renegotiating two key pieces of the 1994 North American Free Trade Agreement.

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18 Jan
Supreme Court to give judgment on Brexit case next Tuesday
Supreme court

The judgement on the landmark Supreme Court case on whether the Prime Minister can trigger formal Brexit negotiations using royal prerogative, will be made on 24 January.

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18 Jan
IMF chief Lagarde warns global middle class could soon be in 'crisis'
lagardechris

Christine Lagarde, the head of the International Monetary Fund, has said that the middle classes of the global economy are close to crisis.

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18 Jan
US drug prices should increase: Pfizer CEO Read
Pfizer

The CEO of Pfizer, one of the largest pharmaceutical firms in the United States, has said that the best way to make drug prices in the country more competitive is by initially increasing them.

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18 Jan
Spain will be 'reasonable' in its approach to Brexit

The Spanish government will be reasonable in its approach to Brexit, economy minister Luis de Guindos said on Wednesday.

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18 Jan
Obama commutes Manning sentence in one of final actions as president
chelsea manning

Barack Obama is set to free Wikileaks whistleblower Chelsea Manning in one if his last acts as US President.

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17 Jan
Sturgeon: Second Scottish independence referendum 'more likely'
nicola-sturgeon

Nicola Sturgeon, the First Minister of Scotland and leader of the Scottish Nationalist Party, said a second independence referendum is “more likely” after Prime Minister Theresa May said Britain would seek to leave the European single market.

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17 Jan
Walmart to create 10,000 US jobs as Trump shadow looms
Walmart2

Another major US multinational business has pledged to create jobs in the country, with retail giant Walmart saying it plans to add 10,000 positions over the coming year.

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17 Jan
May confirms 'hard Brexit' though final plan will face vote in parliament
colillas tabaco

Theresa May confirmed the UK will seek a new free-trade agreement rather than membership of the European Union's single market when it leaves the European Union, but said the final Brexit deal will be put to a vote in both houses of parliament.

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17 Jan
Trump criticises House Republicans corporate tax plans
donald-trump-peine-a-incarner-le-changement

Republican plans to reform corporate tax in the United States have been labelled "too complicated" by President-elect Donald Trump, risking further hostility between him and his party.

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17 Jan
Microsoft's Nadella will not change business model for Trump
CEO Microsoft Satya Nadella

Satya Nadella, chief executive officer of US tech giant Microsoft, has said that his company will not scramble to please president-elect Donald Trump.

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17 Jan
Families vent anger as search for missing MH370 called off
mh370-kuala-lumpur

Search teams led by Malaysia, Australia and China have put an end to the underwater search for the missing Malaysian Airlines flight MH370, with the families of those who vanished critical of the investigation.

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16 Jan
Arrest warrant sought in South Korea for Samsung heir
ep samsung electronics ise 2016

South Korean authorities are seeking an arrest warrant for Jay Y Lee, the de-facto head of the Samsung group, in relation to an ongoing corruption scandal in the country.

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