International Finance

Category : Economy

Economy

Brexit may change growth rate from 2.2% to 1.4%

UK companies to benefit from cut in corporation tax IFM Correspondent November 25, 2016: Chancellor Philip Hammond delivered the last Autumn Statement this year and said that the government is focused on preparing and supporting the economy as they begin to write a new chapter in the country’s history. Hammond spoke about tackling the weaknesses in...
Economy

Italy to push for ties with Iran

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...
Economy

Brexit means Brexit, EU tells UK

EU voices impatience with a lack of clarity from UK PM on what she expects IFM Correspondent November 24, 2016: European Parliament leaders told London’s Brexit negotiator on Tuesday that Britain should expect to be shut out of cooperation in areas it values once it leaves the European Union. David Davis met Guy Verhofstadt, the...
Economy

The real shopping season sales killer

Chargeback volumes can increase by as much as 50% during the holiday season Monica Eaton-Cardone November 24, 2016: With the holiday season just around the corner, merchants are preparing for the most active online shopping time of the year. But, while many focus on marketing and deals, retailers and issuers face a bigger overlooked issue...
Economy

UK Black Friday growth may surpass that of US

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...
Economy

Autumn Statement is just what business needs

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...
Economy

Italy to push for ties with Iran

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...
Economy

Trump plans to quit Pacific deal

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....