There would be leeway to “change indexation” for the stressed out companies. The government of the U.K. has introduced new pension scheme, under which the pensioners may get reduced benefits.   Companies under “stress” will get to “index annual increases” as per the “consumer prices measure”...

Slumping trade was made up by the GDP growth in France. France began this year with a slowed down economy followed by the “breather” in the household spending added with a “big drag” witnessed in the foreign trade section. While, INSEE observed that the GDP of the “Eurozone's second largest...

Analysts look at late summer or autumn for the ECB to ease up its policy tones. Following the policy decision taken by ECB, analysts Philippe Gudin & Antonio Garcia Pascual, from Barclays Research, stated: “In June we expect a change to a less dovish and more symmetric forward guidance that...

‘An attractive buying opportunity’ lies ahead for Deutsche Bank. Deutsche Bank would start taking up position at Micro Focus International “with a 2,900p price target”. Moreover, the bank also notes that acquiring the “mature software assets” from Micro Focus at “attractive valuations” will provide...

The Chinese authorities are putting on hold refining of imported oil due to fears of a glut of the domestic fuel market. World oil prices fell by 1.9% after this news. "The Commission for National Development and Reform of China has stopped accepting applications from private refineries to process...

While it was unclear whether they would stimulate a surge in investment and job creation in return, the general agreement was that U.S. businesses would reap a windfall if President Donald Trump's plan to cut corporate tax rates and slash taxes on cash parked overseas becomes law.   From...

Donald Trump will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, the U.S. President told the leaders of Canada and Mexico, said a White House statement.   Disclosure from the White House a few days ago was that to enable the United...

The Minister of Commerce in Donald Trump’s administration Wilbur Ross said that his department will begin an investigation of aluminum imports in the United States. "The president will sign a memorandum on assessing whether there is a threat to US national security from aluminum imports," Mr. Ross...

Based on renewed hope that U.S. regulators could approve a key trading product for the cryptocurrency, bitcoin has risen around 2 percent in the past day, pushing towards its all-time high.   According to CoinDesk data, up from $1251.46 a day ago, the price of Bitcoin against the dollar...