In a move likely to further boost record overseas acquisitions by Chinese companies, China is planning to allow Chinese companies to vie for the same target and to remove the need for State Council approval for large, sensitive outbound deals.   The draft rules aimed at both speeding up...

FCA Chief Executive Sergio Marchionne said recently that in their collaboration on self-driving vehicles, Fiat Chrysler Automobiles and Alphabet Inc's Google have yet not been able to determine who would own the data that would be collected.   "That's exactly what has to be determined. We...

In response to recent disclosures in the Panama Papers revealing the scale of offshore financial activity, US President Barack Obama is launching a crackdown on international tax evasion.   The US president will take executive action to close loopholes used by foreigners in the US and call...

‘Do you trust cash as a mean of payment?’ Most of us have never asked ourselves this question as cash is deeply rooted in our daily lives; sometimes we use it without even noticing. Yet, behind all of our coins and banknotes there is a world of professionals who work to keep cash secure and accessible to all of us. Many of these professionals met in Paris in April to discuss the future of cash. If you believed that your banknotes were slowly disappearing, you are probably mistaken.

Analysts revise their bids after the news of loss in Apple’s quarterly revenue was known. The session started on a lower note for Wall Street as one of Apple’s large share slipped down taking along the average rating of the main market. Apple’s stock came down by “7.09% to $96.97” after the volumes...

The analysts were left behind as the Eurozone’s first quarter growth over shadowed their expectations. Eurostat’s “preliminary flash” estimation has been published on Friday, the 29th April 2016, whereby reflecting an economic growth in the “first quarter” which beat the expectation.   The...

There are many European countries known for their highest standard of living not only on the continent, but also worldwide. The concept of living standards includes income, cost of living and purchasing power. According to data from the latest Glassdoor report entitled "Where Are Europe’s Highest...

The ‘spending’ figures and the personal income trends in the U.S. exhibit opposite movements. At the end of March 2016, the U.S. witnessed a rise in its “personal income” percentage, whereby the increment was of “0.4%”. The said figure has come up after a revision of a “downwardly” “0.1%” that came...

The sinking list of FTSE 100 casts different results on different firms. Among other index, the FTSE 100 recently exhibited poor performances which were at the verge of sinking, while Standard Chartered was counted in with the “top performers” for the investors agreed on its “ongoing turnaround”....