Paradigm shifts do not come often in economics. From Adam Smith to John Maynard Keynes, …
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Brexit pushes consumers to the point of no return
So much for Brexit triggering an immediate economic meltdown. While the pound has fallen 13 …
Read More »The robots are going to make the best fake news
Imagine that tomorrow, some smart kid invented a technology that let people or physical goods …
Read More »India’s most valuable bank vies for bond crown amid record sales
Bloomberg HDFC Bank Ltd is threatening to end Axis Bank Ltd’s decade-long reign as the …
Read More »Frankfurt to become Citigroup’s European trading centre
Bloomberg Citigroup Inc. has chosen Frankfurt as its newest trading hub in the European Union …
Read More »BNP Paribas fined $246mn over currency manipulation
Bloomberg BNP Paribas SA agreed to pay $246 million to settle Federal Reserve allegations that …
Read More »Piraeus to reach ECB target for reducing bad loans
Bloomberg The new chief executive officer of Piraeus Bank SA is trying to make up …
Read More »Wells Fargo buys rest of $10bn ‘active quant’ firm Golden
Bloomberg Wells Fargo & Co. exercised an option to buy the rest of Golden Capital …
Read More »â€˜Europe well-positioned to deliver sustainable profit growth’
Dubai / Emirates Business Following a period of economic uncertainty, Europe’s recovery has gathered speed …
Read More »Lufthansa struggles to rein in costs as fare pressures loom
Bloomberg Deutsche Lufthansa AG struggled to reduce operating costs, setting up the German airline for …
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