France will stop issuing new permits for exploration of hydrocarbon deposits next year, as the country seeks to complete all oil and gas production by 2040, according to a bill submitted on Wednesday, Bloomberg writes. Such a step would allow the government to abandon already more than 40 requests...

12 largest investment banks in the world recorded revenue increment in the first half of 2017. The first six months of 2017, brought a revenue increment in the twelve largest banks of the world owing to a “stronger performance in the underwriting of debt and equity issues” in comparison to its...

The Ministry of Finance in France, under the President’s wish, sells Engie’s stake and begins to “redeploy state funds locked up in companies”. The government of France has up its sleeves a plan of “asset sales”, whereby the same process was kick started by selling off “a 4.5 percent stake in gas...

Security researchers at Symantec have raised concerns regarding core systems at industrial firms, including those in the United States and Europe, being compromised by attackers, who could leverage them for destructive purposes in the event of a major geopolitical conflict. Researchers at cyber...

The euro’s value began to grow again and on Tuesday, August 29, reached the level of 1.20 against the dollar. In part, this reflects the restored health of the European economy. Also, this is a result of a return to pro-European politics. However, some in the European Central Bank are concerned...

The S&P 500 index is declining as the situation in the Korean peninsula is worsening and flooding in Texas keeps bringing unpleasant consequences. Unfortunately, this is only the beginning. September 2017 promises a lot of large-scale events and events that will set the tone for financial markets...

A member of the monetary policy committee at the People's Bank of China is of the opinion that there is unlikely to be any change in the relationship between China and the U.S which, according to that expert, has always been tense when it comes to trade.   "Look back 20 years ago, the...

South Korea is one country may manage to stymie major changes in the aggressive drive by the Trump administration to renegotiate U.S. trade deals.   Threatening to terminate it, the U.S.-Korea Free Trade Agreement, known as Korus, was described as a "horrible deal" that has "destroyed" his...

The President of France reiterates his “will” of directing Brexit trade discussions under Barnier’s negotiations. A re-affirmation has come from the President Emmanuel Macron of France to maintain his support towards Michel Barnier, the Chief Negotiator of E.U, whereby keeping the “only point of...