U.K. Prime Minister Boris Johnson said Friday that he would seek a no-deal Brexit unless there is a fundamental change of approach from the European Union. “Unless there’s a fundamental change of approach, we’re going to go to the Australia solution, and we should do it with great confidence,” Johnson said, accord to Reuters, after negotiators failed […] Read more
The forthcoming U.S. election matters not only for the American people and the country’s economy; the outcome of the vote in November will also have a significant impact across the Atlantic. Europe’s financial markets and economic prospects will be affected by whoever enters (or remains) in the White House after the vote, according to economists […] Read more
Stock market analysts in Asia clearly do not agree on who will win the U.S. presidential election. But they’re pretty unified on how they plan to play it. CNBC asked 30 strategists a series of questions about the U.S. election and their current investments, offering them anonymity in exchange for their views. All 30 respondents were […] Read more
As coronavirus cases began to surge in France, Spain and the U.K. this month, there were question marks over why Italy — the epicenter of Europe’s first outbreak in spring — and Germany, Europe’s largest economy, weren’t seeing similar increases. But looking at the most recent data, it appears Italy and Germany won’t be able to avoid […] Read more
President Donald Trump is expect to decide on TikTok’s fate in the U.S. in the next 24-36 hours, sources told David Faber. To address ownership concerns, ByteDance plans to do an initial public offering of global TikTok on a U.S. stock exchange, according to people familiar with the matter. Oracle will also own a minority […] Read more
French Polynesia Tahiti and Fiji have been voted in the 10 most scenic airports worldwide. Bora Bora (Motu Mute) Airport in French Polynesia. Photo: Supplied/Krypianos Biris The Bora Bora (Motu Mute) Airport in Tahiti and Nadi International Airport in Fiji are ranked 6th and 10th respectively in the 2020 PrivateFly Scenic Airport Poll. The poll was conducted […] Read more
The U.K.’s Foreign Secretary Dominic Raab is in Washington Wednesday to meet with Secretary of State Mike Pompeo and House Speaker Nancy Pelosi, among other senior officials, as Britain seeks to reassure its U.S. partners on Brexit negotiations. The visit comes after the U.K. government dropped a Brexit bombshell last week, tabling a controversial bill […] Read more
From regulatory approval to business decisions, major American financial giants are moving deeper into the Chinese market, even though political tensions between the two countries are growing. Citi announced Wednesday it received a domestic fund custody license from the China Securities Regulatory Commission — becoming the first U.S. bank and the first of the top 5 global custodians […] Read more
European leaders are meeting for a fourth consecutive day on Monday to continue tense negotiations over a 750-billion-euro ($858 billion conversion) recovery fund. The European Commission, the executive arm of the EU, suggested in May tapping the markets to mitigate the economic shock from the coronavirus. However, European capitals have not agreed on how to divide […] Read more
Travelers itching for a change of scenery amid months of lockdowns and stay-at-home orders brought on by the coronavirus pandemic now have a new option. The Maldives reopened to international visitors this week, after being closed to visitors since March 27. While much of the world has shut its borders or enacted strict measures on […] Read more
