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According to Idependent, more than 250 companies are negotiating with the Netherlands in order to move there after the British exit from the EU. Companies want to have access to the EU market after the Brexit agreement enters into force. Some major global market players are already planning to move from Britain to the Netherlands. Sony recently announced the transfer of headquarters. Panasonic will move to Amsterdam next year. In 2017, the number of companies discussing moving from the UK did not exceed 80. At the beginning of last year, there were already 150 such companies, and now their number has grown to 250. The growing uncertainty of future relations between Britain and the European Union will lead to an even greater number of companies leaving the country. The European Medicines Agency also moves to the Netherlands. Some companies have planned relocation from the UK to Dublin, Paris, Luxembourg and Frankfurt.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
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