29 billion euro merger between lse and deutsche boerse in trouble

€29 Billion Merger Between LSE and Deutsche Boerse in Trouble

Business Pavan Pandey - Feb 27, 2017

London Stock Exchange (LSE) said its €29 billion valued proposed unification with Deutsche Boerse AG was unlikely to be sanctioned by the EC (European Commission).

hsbc shares drop as annual profits plunges 62 percent

HSBC shares drop as annual profits plunges 62%

Company Mohit Shah - Feb 21, 2017

The annual profits for the UK-based bank experienced a sharper drop leading to a significant fall in shares.

apple inc optimistic about the post brexit united kingdom

Apple Inc. Optimistic about the Post-Brexit United Kingdom

Company Pavan Pandey - Feb 10, 2017

According to the California-based technology company, Apple Inc., it is quite optimistic about the United Kingdom future post-Brexit.

easyjet warns of 105m pound profit slump following weaker pound raised fuel prices

EasyJet warns of 105m pound profit slump following weaker pound, raised fuel prices

Company Himanshu Gill - Jan 24, 2017

British low-cost airline EasyJet has said that weaker pound and increasing fuel prices would hit its profit by a larger than expected amount of 105 million pounds ($131 million) this year.

the uk might change economic model if denied access to single market

The UK might change economic model if denied access to single market

Economy Mohit Shah - Jan 16, 2017

Chancellor Philip Hammond said the UK might be forced to transform its “economic model” if it is expelled from the single market post-Brexit.

pound falls sharply over fears that the uk will lose access to single market

Pound falls sharply over fears that the UK will lose access to single market

Economy Himanshu Gill - Jan 16, 2017

The pound fell sharply against the dollar, dropping just below $1.20 for the first time since the October’s flash crash, ahead of a key speech from UK Prime Minister Theresa May.

world bank predicts global economy to grow at 2 7 percent in 2017

World Bank predicts global economy to grow at 2.7 percent in 2017

Economy Himanshu Gill - Jan 11, 2017

Amid rising uncertainties caused by Brexit and Donald Trump’s trade policies, the World Bank has predicted a moderate pickup of 2.7 percent in the global economy for 2017.

brexit will bring real opportunities says lord king

Brexit will bring ‘real opportunities’, says Lord King

World Mohit Shah - Dec 30, 2016

The expert professional mentioned the agricultural reform along with a blooming relationship with the Republic of Ireland which can help the U.K. reach a positive ground. 

sterling expected to get another bruise from brexit

Sterling expected to get another bruise from Brexit

Economy Mohit Shah - Dec 23, 2016

As per the managing director at IMA Asia, Richard Martin, the noted value of pound reveals Brexit as a slow-moving disaster for the whole of Britain.

uk third quarter growth upgraded to 06 percent

UK third quarter growth upgraded to 0.6%

Economy Himanshu Gill - Dec 23, 2016

There were no signs of a Brexit-linked slowdown in the UK economy as it grew by 0.6% in the third quarter, more than previously estimated.

trade deficit narrows in uk despite the brexit slowdown

Trade Deficit narrows in UK despite the Brexit slowdown

Economy Himanshu Gill - Dec 10, 2016

The UK trade deficit in goods and services went down by 2 billion pounds ($2.51 billion) in the month of October, much more than expected.  

food industry warns price rise post the brexit vote

Food Industry warns price rise post the Brexit vote

Economy Himanshu Gill - Dec 09, 2016

A trade group comprising of 30 food and drink associations have warned that food prices will go up once EU workers leave the UK after Brexit vote or due to the fall in pound’s value.  

rbs to change capital plans after failing bank of england stress test

RBS to change capital plans after failing Bank of England stress test

Market Himanshu Gill - Nov 30, 2016

RBS will now cut costs and sell its assets to boost capital as its shares went down by 2.3% at 192 pence after the test results. The state-backed bank gave a statement straightway after the results, s

brexit to tumble uk economy in the next five years

Brexit to tumble UK’s economy in the next five years

Economy Himanshu Gill - Nov 30, 2016

Britain’s treasury chief, Philip Hammond believes that higher inflation rates have been ignited by a drop in the pound’s value. However, he didn’t shy away from admitting that a grea

ibm to expand investments in the uk market by opening four new centres

IBM to expand investments in the UK market by opening four new centers

Market Himanshu Gill - Nov 30, 2016

While most companies have started packing their bags after Britain voted to leave the EU, International Business Machines Corp. (IBM) has decided to increase its market presence. This brings IBM&rsquo

theresa may attempts to reassure businesses in post brexit uk

Theresa May attempts to reassure businesses in Post-Brexit UK

Economy Himanshu Gill - Nov 22, 2016

Addressing the Confederation of British Industrys’ (CBI) annual conference, May seemed to convince business leaders of having adequate plans and strategies for them to sustain and prosper after

facebook to hire 500 new employees in london headquarters next year

Facebook to hire 500 new employees next year for London headquarters

Company Himanshu Gill - Nov 22, 2016

The total number of employees would stand around 1500 at its new headquarters in Fitzovia, situated close to the West End of London. This site is under construction at the moment.

uk retail sales amazingly increased due to cold and halloween

UK retail sales amazingly increased due to winters and Halloween

Economy Pavan Pandey - Nov 21, 2016

This retail growth is counted as the highest since April 2002. The report was released by the Office for National Statistics (ONS) of UK. In this lineup, the online trades were at their strongest for

05 growth for uk economy after three months of brexit

0.5% Growth for UK Economy after Three Months of Brexit

Economy Pavan Pandey - Nov 17, 2016

After the Brexit vote, the British’s economy, contrary to projections, has witnessed an increase of 0.5%. In the previous quarter, the Gross Domestic Product (GDP) growth was 0.7%, but the growt

stocks decline substantially due to global political disturbance

Stocks Decline Substantially Due to Global Political Disturbance

Business Mohit Shah - Nov 11, 2016

The international equity market recently faced a huge blow due to the presidential race worries in the United States. Moreover, the court decision related to Brexit has also distressed the market to a

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