One in ten German firms present in Britain plans to stop investing in the island nation even before it definitively leaves the European Union

German firms believe Brexit “will seriously damage business with the United Kingdom,” said Eric Schweitzer, president of the Association of German Chambers of Commerce and Industry (DIHK), which surveyed 2,200 internationally active companies. Some nine percent of firms who have Read more

China’s richest man, owning a US$ 92 billion empire, said he is looking for a successor, most likely from a group of professional managers, to take over his business after his son declined to be his heir apparent.

China’s richest man, owning a US$ 92 billion empire, said he is looking for a successor, most likely from a group of professional managers, to take over his business after his son declined to be his heir apparent. Wang Jianlin, Read more

JPMorgan would be reluctant to move many jobs to Paris following Britain’s exit from the European Union because of France’s protectionist labor laws

PARIS (Reuters) – JPMorgan would be reluctant to move many jobs to Paris following Britain’s exit from the European Union because of France’s protectionist labor laws, the U.S.-based investment bank’s France head told Reuters on Tuesday. Paris could be an Read more