Angela Merkel is likely to be re-elected as Germany’s chancellor for a fourth term in an election next Sunday, a result that could seal the continent’s fate in terms of ever closer political and economic union. If voter polls are to be believed, pro-European Merkel’s victory is assured with her conservative coalition ahead of the […]

Bank of England Governor Mark Carney said Brexit was likely to push up Britain’s inflation rate and he reiterated the central bank’s new view that interest rates are likely to rise in the comingmonths. Carney, making a speech at the International Monetary Fund’s headquarters in Washington, said the process of globalisation that has led to […]

Blockchain technology is on the radar of a number of tech corporations – and IBM is leading the way, according to a study. Big Blue has been making considerable steps forward with research and development projects aimed at broadening the scope of distributed ledger technology to include industries other than the financial services. Last month […]

Prices of peripheral bonds in Europe bounced on Monday, led by Portugal and Ireland riding high on the back of their credit ratings upgrades last Friday, as analysts questioned how much more steam the rally had left in it. By 2 p.m. London time on Monday, the spread between 10-year Portuguese debt and its German […]

British Prime Minister Theresa May is poised to meet her Canadian counterpart, Justin Trudeau, on Monday in order to discuss a long-running corporate dispute threatening thousands of jobs in the U.K. Boeing, a U.S. plane manufacturer, is currently locked in a legal battle against Canadian rival Bombardier and given the potential ramifications of the case […]

Black, Asian and minority ethnic (BAME) workers at PwC in Britain are paid nearly 13 percent less than other employees, according to data published by the company on Monday. PwC, one of the world’s top four accounting firms, said its BAME employees were statically paid less because more of them worked in junior or administrative […]

Polls in Germany point to Angela Merkel’s re-election as German chancellor in a general election in less than a week’s time, but speculation is mounting over which party could join her conservative Christian Democrats to form a coalition government. If re-elected for a fourth term, Merkel’s choice of partner will quickly become the main focus […]

European markets were set to open higher on Monday morning, as global investors returned to perceived riskier assets amid cooling geopolitical tensions. Britain’s FTSE 100 is poised to open 30 points higher at 7,237; the German DAX is expected to open up by around 70 points at 12,589 while the French CAC is set to […]

As U.K. Prime Minster Theresa May prepares to relaunch her Brexit strategy, global banking bosses meeting nearly 7,000 miles away from London are drawing their own road maps in the event she fails. “We are all planning for the worst, but hoping for the better,” John McFarlane, chairman of Barclays told CNBC at the Singapore […]

Anybody investing in euro-denominated assets should know that the currency’s future, just as was the case with its origin, crucially depends on a French-German agreement — so far on Germany’s terms. The latest such bargain is falling apart. An implied deal around French economic and political (i.e., structural) reforms, demanded by Germany, and France’s quest […]