Search Results for: Europe
Euro rose against the Dollar, Chinese Yuan continued to weaken; Big week for currency markets
July 31st, 2018
Major currencies largely stuck to familiar ranges on Monday as investors shied away from taking big positions ahead of a flurry of crucial economic data and central bank monetary policy meetings this week. The Bank of Japan ends a ...
The top 3 trends in forex trading of 2018
July 30th, 2018
We are almost halfway done with the third quarter of 2018, but there have already been a lot of local and global events that have impacted the foreign exchange market during the first half of the year. The ongoing ...
Nestlé lost a 16-year legal fight to dominate the chocolate bar market
July 30th, 2018
KitKat’s makers have suffered a major setback in its 16-year quest to dominate the market for four-fingered chocolate bars. Nestlé applied to trademark the distinctive trapezoid shape of KitKats in 2002, and initially succeeded. Nestlé has been fighting to ...
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
Will be a corporate tax harmonisation among EU member states?
July 27th, 2018
French Finance Minister Bruno Le Maire said on Thursday he wanted to get other EU countries to sign up to a Franco-German proposal to harmonise corporate tax rules by mid 2019. Le Maire and his German counterpart Olaf Scholz ...
Good news for EU companies exporting to Japan; A new Trade Agreement is signed
July 27th, 2018
The EU and Japan have signed an Economic Partnership Agreement (EPA) that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to Japan. Negotiations toward an EPA began in 2013. An agreement ...
Easier to get a loan and demand for loans increased for euro area firms and households
July 26th, 2018
It became easier for euro area firms and households to borrow money in the second quarter of 2018 and demand for loans also increased. The negative impact of non-performing loans (NPLs) on credit conditions is decreasing, as the July ...
Artificial Intelligence improves efficiency significantly for law firms
July 26th, 2018
Law firms have been slower to adopt artificial intelligence (AI) technology than other sectors but clients say it improves time efficiency by 50 per cent. Law firms in the UK could improve their time efficiency by 50 per cent ...
Dollar slides against emerging market currencies
July 26th, 2018
The dollar fell against emerging market currencies Wednesday as investors awaited a meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The dollar was recently down 1% against the Brazilian real and lost 1.2% against the Turkish ...
How many people work for the government in your country?
July 25th, 2018
Eurostat, the statistical office of the European Union, has recently issued a report showing the percentage of people in European countries working in the government sector. According the report, government employment accounted for 16 % of employment in the ...