Monday, May 4, 2026

International Finance

Category : Economy

Economy

UK Black Friday growth may surpass that of US

International Finance Desk
by International Finance Desk
Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
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Economy

Autumn Statement is just what business needs

International Finance Desk
by International Finance Desk
Chancellor Hammond is not about fancy initiatives, meddling too much or tweaking things for the sake of a good headline; he does something only when it is required Alan Mellor November 24, 2016: The UK government’s first – and last – Autumn Statement will be remembered for its sensibleness. When faced with a crisis, Ronald...
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Economy

Italy to push for ties with Iran

International Finance Desk
by International Finance Desk
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...
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Economy

Trump plans to quit Pacific deal

International Finance Desk
by International Finance Desk
But silent on Obamacare and building a wall along the border of US and Mexico IFM Correspondent November 23, 2016: President-elect Donald Trump says US will quit Trans-Pacific Partnership (TPP) trade deal on his first day in office. The TPP trade deal was signed by 12 countries which together cover 40% of the world’s economy....
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Economy

Iran says reversal of nuclear deal not possible

International Finance Desk
by International Finance Desk
Other Arab leaders welcome Donald Trump’s victory IFM Correspondent November 11, 2016: Iran’s President Hassan Rouhani said that US president-elect Trump will not be able to reverse the nuclear deal. He said there is ‘no possibility’ of the nuclear deal being annulled. “The US no longer has the capacity to create Iranophobia and to create...
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Economy

India demonetises currency to move away from cash

International Finance Desk
by International Finance Desk
But this is not the first time a country has opted for demonetisation IFM Correspondent November 11, 2016: In a move that came as a shock, the Indian government banned currency notes of 500 and 1000 denomination rendering them worthless at November 8 midnight. The measure was taken to control fake currency notes and unaccounted...
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Economy

India withdraws high denomination currency overnight

International Finance Desk
by International Finance Desk
Aims to counter corruption, counterfeiters and people who avoid taxes IFM Correspondent November 9, 2016: Most of India is confused and in a state of panic after Prime Minister Narendra Modi announced on November 8 that 500 and 1000 rupee notes will no longer be accepted as legal tender. They will be replaced by new...
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Economy

France, Iran ink deal for South Pars gas field

International Finance Desk
by International Finance Desk
Total, along with CNPC and Petropars, would develop part of a giant gas field in South Pars IFM Correspondent November 8, 2016: In an agreement that will mark the first Western energy investment since international sanctions were lifted, Iran will sign a preliminary $6 billion deal with France’s Total SA. Under the deal, Total along...
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Economy

France, Iran ink deal for South Pars gas field

International Finance Desk
by International Finance Desk
Total, along with CNPC and Petropars, would develop part of a giant gas field in South Pars IFM Correspondent November 8, 2016: In an agreement that will mark the first Western energy investment since international sanctions were lifted, Iran will sign a preliminary $6 billion deal with France’s Total SA. Under the deal, Total along...
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