The euro will fall to a 15-year low if Marin Le Pen becomes president of France. The currency’s reaction will be immediate and similar to that demonstrated by the pound after voting for the UK exit from the EU, reports Bloomberg. Rate of the single currency will fall to $ 1 or less after victory of...

Chinese mobile handset manufacturing company Huawei, which has been expanding across the globe with its smartphone business, and Alibaba, who listed in the U.S. in 2014, became a well-known name internationally after these events and incidents as consumers all over the world began to take notice of...

As China promised world and business leaders that it will keep its doors open even as the world's second-largest economy undertakes its own market and financial reform, it sought to expand its influence and clout over a four-day conference this week.   "China's door to the world is always...

Government of Egypt continues to take simultaneous steps besides gathering funds to strengthen its economy. From the “$3 billion” Loan Programme that exists between the World Bank and Egypt, the former has just “disbursed another $1 billion” as “financial assistance” to the latter, revealed the...

For the global IPO of Saudi Aramco — widely predicted to be the biggest initial public offering in history, the New York Stock Exchange has emerged as the front-runner. But Riyadh could be discouraged from pursuing a U.S. listing, despite the commercial merits by political,...

New evidences suggest that Barclays failed to disclose the payment made to Qatari in the year of 2008 which could make the bank a subject of heavy fines. Barclays’ payment transaction made in the year of 2008 during an “emergency fundraising” coursing has again come under the investigative scrutiny...

ECB will not “authorize empty shells”. The “top supervisor” of the European Central Bank said that the banks based out of London wanting to continue maintain an access to the “European Union's single market” would need to shift their “key functions, branches and dealing operations” following the...

Evan Spiegel officially lost the status of the youngest billionaire in the world. His place was taken by Irishman John Collison, co-founder of e-payment service Stripe. Now, according to Forbes, he is the youngest member of the club of billionaires. The 26-year-old Collison is two months younger...

BoE’s forecast indicate rises in interest rates while Brexit decision weighs investors’ outlook. According to Ben Broadbent, the deputy governor of Bank of England, there is a possibility of a hike in the interest rates, while he continued highlighting a “strong sense of caution among investors”...