Member News

La French Tech Ups the Ante in Vegas, Takes CES 2017 by Storm with Largest International Contingent of Startups

Record-setting delegation of French companies caps milestone year for what is now Europe’s top tech investment market LAS VEGAS--(BUSINESS WIRE)--La French Tech is going “all in” in Las Vegas at CES 2017, with a record number of companies participating at the mega tech show. More than 260 French enterprises, ranging from established market leaders to newly minted unicorns and disruptive startups, will showcase their innovations. The contingent will reach into every corner of industry on display at CES and feature...

Read more

Member News

Trump’s Challenge to the WTO

The tariffs he promised and the retaliations that would ensue could unravel the global trading system. Donald Trump’s picks for commerce secretary, U.S. trade representative and head of a new National Trade Council suggest that he is serious about his campaign promise to raise tariffs. His transition team says these could be as high as 10% on all imports. So how might this play out, at home and abroad? The U.S. president is surprisingly free under U.S. law to take trade...

Read more

Member News

Trading Alert: Sears Announces More Store Closings

Apparently yesterday was Store-Closing Wednesday. Shortly after 4 pm yesterday, Macy's revealed a list of stores that will be closing in the near future. Just a short time later, Sears announced it will close 150 Sears and K-Mart stores. Almost 50 of the Sears and K-Mart store closings had leaked out over the previous week, and we wrote about them as the corresponding local stories emerged. Yesterday's list came from Sears and included 100 more names that were previously not revealed. The properties...

Read more

Member News

Portuguese government and biotech representatives visit MIT

U.S. Ambassador to Portugal and the Portuguese Minister of Economy discuss transatlantic cooperation with Europe in the biotechnology sector. Robert Sherman, the U.S. Ambassador to Portugal, and Manuel Caldeira Cabral, the Portuguese Minister of Economy, traveled to Boston and Cambridge, Massachusetts, on Dec. 19 and 20 to discuss transatlantic synergies with Europe in the biotechnology sector. They were joined by a first-class group of representatives from Portuguese biotech companies and investors in a visit co-organized by AICEP-Portuguese Trade and Investment Agency, Portugal Ventures,...

Read more

Chapter News, New York Related News

Governor Cuomo Presents 2nd Proposal of 2017 State of the State: Transforming JFK International Airport for the 21st Century

Governor Cuomo Presents Vision Plan to Transform JFK Airport to Meet the Needs of the 21st Century Economy Calls to Continue the Success of LaGuardia Redevelopment by Driving $7 Billion in Private Sector Investment to JFK New York State DOT Projects to Improve Roadway Access to Airport on Van Wyck Expressway and at Kew Gardens Interchange Unveils Design Competition for 20 Crossings Over Van Wyck Leading From JFK into New York to Welcome Travelers to the Region Governor Andrew M. Cuomo today presented...

Read more

Member News

2017 FX Outlook – Trumponomics and European Politics

The key questions for the FX markets in 2017 are: 1) what impact the Trump presidency will have on the US and world economy, and 2) whether the populist movements that had such an impact on the politics of the developed world in 2016 will continue to have an influence via the French, German Dutch and possibly Italian elections in 2017. The issue of Brexit and the triggering of Article 50 will also come into sharper relief in Q1, and...

Read more

Chapter News

Commission sets out the strategic way forward for the EU’s Customs Union

The European Commission today adopted its long-term plan to give fresh impetus to the management of the Customs Union, a basic pillar of the European Union which supports and protects the Single Market. The role of customs authorities in ensuring our safety and security in the EU is increasing. A strong and well managed system helps to protect the public against terrorist, health, and environmental threats while at the same time fostering and developing competitive businesses. Today'sCommunication sets out a...

Read more

Chapter News

Capital markets union: Council confirms deal on prospectus rules

On 20 December 2016, the Permanent Representatives Committee approved, on behalf of the Council, an agreement with the European Parliament on prospectuses for the issuing and offering of securities.  "This regulation will help companies gain access to European capital markets by reducing some of the administrative formalities", said Peter Kažimír, Slovak minister for finance and president of the Council. "Our aim is to reinforce the role of market-based finance, alongside bank finance, in the European economy."  The draft regulation is aimed at...

Read more

Chapter News

EU Council: Maltese MEPs share their expectations for their country taking over the presidency

Malta has taken over the rotating presidency of the EU Council from Slovakia. This means that for the next six months the small island state plays a key role in setting the agenda, finding compromises and addressing a range of challenges such as the migration crisis and the expected start of the Brexit negotiations. We asked Maltese MEPs what their hopes and expectations were for their country's firs- ever presidency of the EU Council. David Casa (EPP) Malta´s presidency comes at...

Read more