New capital controls have been implemented in China, marking the latest in a series of efforts by Chinese authorities to support the country’s struggling currency, which fell 6.5 percent against the dollar in 2016. The currency has been gradually falling against the dollar since August 2015, when the Chinese central bank allowed the markets to…
Donald Trump’s incoming administration is to start renegotiating the North American Free Trade Agreement (NAFTA) with Mexico and Canada in a series of upcoming meetings. Trump first pledged to overhaul the trade pact during his presidential campaign, vowing to provide more favourable terms for the US and address trade deficits with Mexico and Canada. Speaking…
With the pharmaceutical industry under substantial political and public scrutiny, many drug makers are finding themselves forced to justify their pricing methods. The Organisation for Economic Co-operation and Development (OECD) has now added to the debate, releasing a new report criticising the value for money offered by many new drugs. In the New Health Technologies:…
With the pharmaceutical industry under substantial political and public scrutiny, many drug makers are finding themselves forced to justify their pricing methods. The Organisation for Economic Co-operation and Development (OECD) has now added to the debate, releasing a new report criticising the value for money offered by many new drugs. In the New Health Technologies:…
On January 16, French lens producer Essilor announced it will merge with Ray-Ban designer, Luxottica, in a deal worth €50bn ($53bn) – creating a powerhouse in the global eyewear market. [The merger could] substantially shake up the international eyewear industry… with the combined company operat[ing] in over 150 countries Leonardo Del Vecchio, Chairman of Delfin and…
On January 16, French lens producer Essilor announced it will merge with Ray-Ban designer, Luxottica, in a deal worth €50bn ($53bn) – creating a powerhouse in the global eyewear market. [The merger could] substantially shake up the international eyewear industry… with the combined company operat[ing] in over 150 countries Leonardo Del Vecchio, Chairman of Delfin and…
According to data released by Spain’s Office of National Statistics on January 13, Spanish inflation jumped to a three-year high in December 2016. The annual change in the consumer price index reached 1.6 percent in December, up 0.9 percent from the previous month. Meanwhile, the annual change in the Harmonised Index of Consumer Prices hit…
According to data released by Spain’s Office of National Statistics on January 13, Spanish inflation jumped to a three-year high in December 2016. The annual change in the consumer price index reached 1.6 percent in December, up 0.9 percent from the previous month. Meanwhile, the annual change in the Harmonised Index of Consumer Prices hit…
A World Bank report has branded 2016 as the worst year for global growth since the Global Financial Crisis, with growth estimated at just 2.3 percent. While the forecast for 2017 is slightly more optimistic – at 2.7 percent – the World Bank warns many uncertainties remain and political risks have the potential to undermine…
A World Bank report has branded 2016 as the worst year for global growth since the Global Financial Crisis, with growth estimated at just 2.3 percent. While the forecast for 2017 is slightly more optimistic – at 2.7 percent – the World Bank warns many uncertainties remain and political risks have the potential to undermine…
