Home News

News

Here is the global market news

Jean-Claude Juncker has warned Theresa May that Brussels will not renegotiate a 585-page Brexit treaty to appease UK MPs, warning there is “no room whatsoever” to tweak the agreement. Speaking in Strasbourg to MEPs, the president of the European Commission said there was “room” to provide Mrs May...
Three-quarters of boardroom appointments are still going to men, according to new research that suggests gender parity will “never be reached” at the top of the world’s biggest companies.Egon Zehnder, the global search company, examined board and senior executive roles at 1,610 public companies worth €7bn or more...
WPP is cutting 3,500 jobs worldwide, as the world’s biggest advertising business struggles against competition from digital disrupters including Google and Facebook. Ahead of an event where he will update investors on a strategy overhaul at the business, WPP chief executive Mark Read told Reuters there would be...
Several dozen former Democratic and Republican senators have urged the Senate to be a “zealous guardian” of US democracy as special counsel Robert Mueller moved towards completing the Russia investigation.The 44 retired senators — who included Democrats such as Tom Daschle, Max Baucus and John Kerry, and Republicans...
Narendra Modi’s desire to shake up the Reserve Bank of India has been apparent since August when he appointed an iconoclastic accountant to the central bank’s normally staid governing board.S Gurumurthy, considered the brains behind the Indian prime minister’s radical 2016 cash ban, was a strident critic of...
The Huawei executive whose arrest in Canada has touched off a political storm between the US and China is facing a third day in court, after her lawyers failed to secure bail for her.Meng Wanzhou, chief financial officer of the Chinese telecoms equipment maker and daughter of its...
Uber has spoken with London’s transport authority about “deepening” their relationship, as the ride-hailing app seeks to strike partnerships with public transportation providers.The company is attempting to integrate Transport for London’s data about bus and Tube timetables into its app, according to people familiar with the matter, in...
A bear market might not seem like the ideal time to be launching a crypto investment vehicle. But that’s not how blockchain pioneer David Johnston sees it – quite the opposite. Revealed exclusively to CoinDesk, Johnston has...
FT Seasonal Appeal 2018 Tuesday, 20 November, 2018 In a ground-floor apartment of a large block on the outskirts of Skopje, three-year-old Derin Bajram is pushing his red plastic fire engine across the floor. His parents Svetlana and Ertan smile as they watch him. Only two years ago, they explain,...
The impending retirement of Glencore’s copper kingpin Telis Mistakidis marks the start of a generational shift at the top of the world’s most powerful commodity trader.While some senior executives have left the Swiss-based group since its 2011 stock market flotation, none of the inner circle surrounding the company’s workaholic...