Finance
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HSBC to begin massive layoffs
The UK’s HSBC Holdings announced around 35,000 job cuts as part of a major restructuring project.
The bank said it would shed $100 billion in...
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UK regulators investigate Barclays CEO over ties to Epstein
Jes Staley, the boss of the investment bank Barclays, is being probed by UK regulators over his links to the wealthy financier and sex...
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Boeing vows to rebuild public trust
Boeing says it is working to rebuild trust in its brand, even as it struggles to bring its 737 Max back into service.
The plane...
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Nissan launches $90m lawsuit against Ghosn
Nissan is suing its former chairman Carlos Ghosn for $90 million. Ghosn was arrested in Japan in 2018, but fled to Lebanon amid a...
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Lawyers say Ghosn used Nissan-Mitsubishi venture to inflate pay
Former Nissan boss Carlos Ghosn used a joint venture between Nissan and Mitsubishi to inflate his pay and to cover a personal tax debt,...
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Coronavirus threatens EU-China investment deal
The EU Chamber of Commerce in China has warned that striking an EU-China investment deal in 2020 is under threat because of the coronavirus...
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Trump reiterates threat to impose tariffs on European cars
US president Donald Trump said he is serious about imposing tariffs on European cars unless the European Union agrees on a transatlantic deal.
Trump is...
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Trump rejects climate action, Thunberg slams Davos elites
The annual World Economic Forum kicked off with US president Donald Trump criticising climate activists, in contrast with young activist Greta Thunberg who urged...
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Macron, Trump agree to hold off on a potential tariffs war
French president Emmanuel Macron said he had a “great discussion” with US president Donald Trump over France's planned digital tax.
“They agreed to give a...
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World Economic Forum 2020 kicks off in Davos
Some of the world’s most powerful people gathered for the annual World Economic Forum that kicked off today in Davos, Switzerland. The invitation-only event...
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Google parent Alphabet becomes $1 trillion company
Google’s parent company, the online giant Alphabet Inc., achieved a $1 trillion market value on 16 January.
Shares in Alphabet rose 0.76% for the day...
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Former Google executive raises concerns about tech giant's human rights policies
Ross LaJeunesse, a former Google executive has expressed his concerns about the human rights policies that the firm follows as it moves to expand...
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Ryanair prepared for further 737 MAX delays
Ryanair is prepared for further delays to the delivery of its Boeing 737 Max airliners, its chief executive Michael O’Leary said in an interview.
O’Leary...
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Interpol issues red notice for ex-Nissan boss Ghosn
The Japanese government called on the International Criminal Police Organization to request the Lebanese government to arrest the former Nissan chief, Carlos Ghosn.
Ghosn left...
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Google to end controversial Dutch, Irish tax scheme
Google’s parent company Alphabet will stop using an intellectual property licensing scheme, known as the “Double Irish, Dutch sandwich”, which allowed it to delay...
Albania
Zaev-Mitsotakis Thessaloniki meeting explores EU Enlargement delays
The prime ministers of Greece and North Macedonia met on the sidelines of the Thessaloniki 2019 Summit on November 14. This was their second...
Analysis
Tsipras heads to Skopje to salvage his Prespes gambit
Greece’s Prime Minister Alexis Tsipras is set to deliver on his promised trip to North Macedonia’s capital, Skopje, on 2 April, which was announced...
Archive
Delphi Economic Forum – A small US official presence, but long American shadow
DELPHI, Greece - At the February 28-March 3 Delphi Economic Forum, (DEF) entitled “The Challenge of Inclusive Growth” the long list of invited American...
Analysis
Trump sends David Malpass to the World Bank
President Donald J Trump named David Malpass, currently US Treasury Undersecretary for International Affairs, as the US candidate for the Presidency of the World...
Africa
Trump establishes US International Development Finance Corporation
President Donald J. Trump quietly approved the creation of a new foreign assistance agency on October 5, named the United States International Development Finance...
Analysis
Greece’s Thessaloniki International Fair focuses on the American factor
The Thessaloniki International Fair (TIF) has for 83 years marked the traditional high point of the Greek economic calendar and forms the venue for...
Archive
Trump’s White House proclaims new (and maybe negotiable) tariffs to take effect in 15 days
US President Donald J. Trump signed a tariff proclamation March 8 at the White House, including a series of carefully-crafted exemptions for NAFTA partners...
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Trump, Tsipras and Washington’s wordsmiths: What is a “responsible debt relief plan” for Greece?
Although much furor has arisen in Greece over the alleged high costs of the planned upgrade of part of the Greek F-16 fighter fleet...
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Davos Dreaming: Reform is the word for Greece coming from Washington
Although not in Davos for the latest round of Greece related fireworks, mostly involving German and Commission officials, this writer has been parsing the...
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Precipitous Oil Price Drop Corrals Putin
The more than 30% drop in oil price, which is one of Russia’s main exports, placed immense pressure on the ruble, which is also...
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