Pound exchange rate falls amid ‘no deal’ Brexit fears
The exchange rate of the pound collapsed against major currencies following the latest news about Brexit developments pointing towards a…
28 Feb 2020
SAMA issues new guidelines for digital only banks
Saudi Arabia Monetary Authority (Sama) has issued a new guideline for digital-only banks planning to enter the market. The guideline, published on Sama’s website, includes the minimum requirements needed for…
20 Oct 2017
Senate paves the way for Trump’s tax overhaul
The US Senate voted last night night to pass a budget resolution that would protect a $1.5trn tax cut from a Democratic filibuster, an important step towards the Republican plan…
19 Oct 2017
Do Unilever shareholders have reason to be optimistic?
Do Unilever shareholders have reason to be confident that the consumer goods giant made the right decision when it called off a £143bn takeover from Kraft Heinz earlier this year? Verdict…
18 Oct 2017
RANKED: The world’s wealthiest countries
Despite China set to overtake the US as the world's largest economy in the next few years, the US is still way out ahead in terms of wealth. The US…
17 Oct 2017
These deals may not have happened under new UK government investment proposals
Under proposals announced on Tuesday, the UK government hopes to make it easier for ministers to intervene in mergers and takeovers when national security concerns arise . The changes will be "targeted…
11 Oct 2017
BlackRock’s success boosted by focus on passive funds
BlackRock, the world’s biggest asset manager, is set to control close to $6tn in the coming months, judging by the company's third-quarter results released on Thursday. The company's success is…