Archives / 10 November 2017

  • Carmakers team up to create charging network

    Carmakers team up to create charging network

    A group of car companies has taken an important step toward making electric cars a more viable option for consumers, by forming a joint venture to build hundreds of fast-charging stations across Europe. It comes as these and other carmakers have promised to put on the market a wave of new electric cars in the next few years, news wires reported.

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  • Paradise leak: Ethics stinks, money doesn't

    Paradise leak: Ethics stinks, money doesn't

    Just 18 months since the Panama Papers leak, here is another set of information on black money. A new release of confidential papers, dubbed the Paradise Papers, was made public last week. A trove of 13.4m records exposes well known practices and, ostensibly, legal. But their morality stinks, and quite strongly as well.

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  • Banks shift from London to Europe

    Banks shift from London to Europe

    About 50 banks have so far approached the European Central Bank about relocating business from Britain to the Eurozone as London presses ahead with moves to exit the EU, the ECB said last Tuesday cited by news agencies. “Some have visited us several times to discuss their plans to move,” ECB's banking supervision head Daniele Nouy said, adding that 20 institutions have already applied for a Eurozone banking license. “It's about 20 that have something that is already being assessed. Maybe they have not signed it, but they have made a pretty comprehensive application.”

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