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Markets / Regulation

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EU Defies U.S., Sets Up New Iran Payment Channel

Feb 03, 2019 at 18:00

While there’s no guarantee that the EU payment vehicle for Iran, INSTEX, will solve the impasse, the initiative can be seen as a sign of good will

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China Plans To Fire Back Against New U.S. Tariffs

Aug 23, 2018 at 17:00

Fresh increases on tariffs levied against China came as envoys met in Washington for their first high-level talks in two months, but many are not expecting any form compromise soon

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France Could Lose Billions In EU Trade Route Redirection

Aug 15, 2018 at 15:00

With the Brexit debacle beginning to weigh on both the UK and the European Union, some countries may end up getting cut out of important trade routes which could cost…

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Ontario Moves To Slow Cannabis Drive

Aug 14, 2018 at 14:00

Despite the legalization of recreational marijuana across Canada, a new provincial government in Ontario is delaying the approval of retail sales until April 1, 2019

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Wells Fargo Rocked By Another Major Scandal

Aug 07, 2018 at 14:00

Wells Fargo’s list of scandals is continuing to grow, with the latest costing over 400 families their homes due to a ‘glitch’ in their system

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U.S. Shuts Down Foreign Software Testing

Aug 04, 2018 at 18:00

In the latest move to improve the government’s cybersecurity practices, the U.S. Congress has just passed a bill that will force tech companies to divulge whether foreign agencies have examined…

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China’s Debt Bomb Is Finally Detonating

Jul 25, 2018 at 17:00

Many Chinese companies are struggling to repay debt following 2015’s deleveraging drive thanks to staunched liquidity and a number of corporate bond defaults

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Brexit Is Killing London’s Housing Boom

Jul 25, 2018 at 15:00

London’s housing boom may be on its final legs with luxury apartment complexes turning into ghost towns as Brexit concerns weigh on potential investors

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VW Stockpiles Cars Over Emissions Testing Bottlenecks

Jul 25, 2018 at 10:00

Germany’s largest automaker, Volkswagen, is scrambling to secure significant storage space on both sides of the Atlantic, as new bottlenecks caused by engine emissions tests have left the company in…

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Wells Fargo Hit By Another Transparency Scandal

Jul 24, 2018 at 17:00

Wells Fargo is having a tough year in terms of PR, but even though it keeps getting its hand caught in the cookie jar, its share prices aren’t feeling that…