European markets are set to open mixed Thursday morning, as investors continue to monitor corporate earnings and political risk. The FTSE 100 is seen down around 7 points at 7,727, the CAC is expected to open 8 points higher at 5,574 while the DAX is poised to start up 17 points at 13,006, according to […]

Complying with European data privacy laws that come into effect next week might be a costly hassle for companies in the short-term but that would mean they would be seen as more trustworthy, according to Prince Constantijn van Oranje of the Netherlands. To comply with the rules, companies will have to assess how they’re storing […]

The spread between the 2-year yield on U.S. and German bonds has hit its widest level since March 1989. At one point Wednesday, the spread reached 314 points. The last time that number happened, the Berlin Wall was still in place and Madonna’s “Like a Prayer” ruled the airwaves. Robust data in the United States […]

Turkey’s President Recep Erdogan and Israeli Prime Minister Benjamin Netanyahu went at each other’s necks via Twitter, accusing each other of brutality and human rights abuses. The spat on Tuesday went down in the wake of violence on the Israeli-Gaza border on Monday during which Israeli forces killed at least 60 Palestinian protesters, coinciding with […]

Bank of England Deputy Governor Ben Broadbent apologized on Wednesday for saying Britain’s economy was going through a “menopausal” phase in a comment that attracted criticism and could revive concern about gender diversity at the bank. “I’m sorry for my poor choice of language in an interview with the Telegraph yesterday and regret the offence […]

Novartis’ top lawyer Felix Ehrat is leaving the Swiss drugmaker, saying a $1.2 million contract he co-signed with U.S. President Donald Trump’s personal attorney was a mistake. The contract with attorney Michael Cohen’s Essential Consultants, the same firm used to pay porn star Stormy Daniels, has distracted Novartis’s efforts to improve its image. “Although the […]

The Italian right-wing Lega party denied reports that it’s seeking a 250 billion euro ($ 296.16 billion) debt write-off if it becomes part of a power-sharing deal with the anti-establishment Five Star Movement (M5S). Lega and the left-wing M5S have been locked in negotiations for more than two months, trying to find a political deal […]

This Thursday, the Verkhovna Rada (the parliament of Ukraine) considers a historic proposal to replace 25-year-old foreign exchange legislation with an entirely new law that will open our country to international investors and make it easier for Ukrainian businesses to operate globally. Technical though it may seem, liberalization of our arcane foreign exchange controls will […]

Shares in Europe are set for a mixed open Wednesday as investors monitor surging interest rates in the bond markets. The FTSE 100 is seen lower by 7 points at 7,723; the German DAX is expected to start higher by 14 points at 12,988; and the CAC 40 is set to start up by 2 […]

Turkey’s economy is overheating and if the government doesn’t act then the country is in trouble, according to several analysts. “The government has no intention of tackling imbalances or overheating,” Marcus Chevenix, global political research analyst at TS Lombard, said in a research note this week. “It is this unwillingness to act that leads us […]