The establishment of the Asian Infrastructure Investment Bank (AIIB) faces major challenges in coming months. It also offers new opportunities to re-launch economic and trade relations for Europe and Asia and for international infrastructure companies.
Although improving on them, Europe is short of unicorns, technology startups that have increased quickly in value by more than one billion USD by fundraising.
The BRICS have just held their annual summit in Russia, amid looming concerns of financial turmoil in China, Europe and beyond. While not much has come out of the meeting, the differences between its members have been evident, signalling a shift in the bloc’s future dynamics.
The emerging economies have stopped doing so, or at least they will do so much more slowly, according to the latest report of the World Bank.
The good results of eurosceptic parties in the latest elections do not imply an antieuropean sentiment, as the Eurobarometer show.
The TTIP was set off with great enthusiasm, but the momentum in now slowing down. Now the hope is to conclude it by early next year
After a lean period Spanish companies have returned to acquiring firms abroad, in another sign of the economy’s quickening recovery and increased business confidence.
In the latest drive to conquer banks abroad, Banco de Sabadell has boldly offered €1.7 billion for TSB, the UK retail bank carved out of the ailing Lloyds Banking Group two years ago.
The far-left anti-establishment Podemos (‘We can’) is not the only party that is challenging Spain’s discredited two-party system. The centrist Ciudadanos (Citizens’ Party) is rapidly gaining support outside of its Catalan base.
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