The dollar and the US is not immune to the same kind of progressive degeneration suffered by the pound sterling and the UK in the 20th century, says Professor Benjamin J Cohen.
LONDON: On my last day at the Financial Times in July 2017, the doorman who had greeted me every morning for the previous two decades enfolded me in a substantial embrace. Take care Luce, he said. I had been dry-eyed during the farewell speeches but this undid me. I...
DBS has approved over 3,500 loans for micro and small enterprises, totalling more than S$1.1 billion, under Enterprise Singapore's financing schemes.
REUTERS: Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters. Nissan has long resisted Renault's proposals for a full ...
NEW YORK: UBS said on Monday (May 25) it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion. The new team will be led by Remi Mennesson, who will join...
Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.
PARIS: French pharmaceutical giant Sanofi on Monday (May 25) said it planned to divest its stake in US biotech firm Regeneron which is valued at around US$13 billion. Sanofi, which holds around 20.6 per cent in Regeneron, however insisted it had no intention of halting its partnership with the ......
France's business elite closed ranks around publishing group Lagardere on Monday with LVMH's Bernard Arnault and Vivendi's Vincent Bollore swooping in to bolster its defences against London-based hedge fund Amber Capital.
Toyota Motor Corp's Mexico unit is in a preparation phase for the gradual re-start of its operations in the states of Baja California and Guanajuato, a spokesman told Reuters on Monday.
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an agreement on state aid worth billions of euros, German news agency dpa reported on Monday.
