Low Rhine water levels affect oil output
Water levels on the Rhine River fell to a record low on Thursday and were forecast to fall even further, hampering oil product barge trading in northwest Europe. Water levels […]
Breaking views
Global Wealth Report 2018: Switzerland ranks first
Aggregate global wealth rose 4.6 per cent to $317 trillion in the 12 months from mid-2017 to mid-2018, outpacing population growth, according to Credit Suisse Research Institute’s 2018 Global Wealth […]
Facebook: public funds ask to remove Zuckerberg as CEO
Major Facebook investors, including public pension funds and state officials, are pushing for Mark Zuckerberg’s ouster as chairman of the company’s board. The proposal is largely symbolic, since Zuckerberg holds […]
Europe: car sales slumped in September after new emissions tests
New car sales in the European Union slumped in September after manufacturers had ramped up sales over the summer ahead of the introduction of new emissions rules. New-car registrations, a […]
PM May: No-deal Brexit could be the next problem
The EU’s chief Brexit negotiator Michel Barnier on Tuesday called for more time to reach a deal with London, as fears grow about Britain crashing out of the union with […]
Japan tax watchdog obtains data over 400000 overseas accounts
The National Tax Agency of Japan has gathered details on 400,000 overseas bank accounts held by Japanese nationals in about 50 countries in a bid to fight fiscal evasion as […]
Swiss top court ruled sweeping banking secrecy
Switzerland’s highest court ruled on Wednesday that prosecutors cannot extend Swiss banking secrecy rules to all corners of the globe to pursue whistleblowers and other leakers at foreign subsidiaries. The […]
Brexit effects: The City will lose 5000 jobs
Britain’s financial services minister has backed an estimate by the Bank of England that the financial services sector will have lost 5,000 jobs to Europe by day one of Brexit. […]