In September, the milestone for delivering the highest number in any month so far this year was achieved by the European plane making giant Airbus. But the company could not manage any new sales because of the conditions of the… Read More ›
Month: October 2020
Trump Will ‘Take A Good, Strong Look’ About Existence Of UFOs
United States president Donald Trump plans to give a closer look into intelligence reports in the country about the existence of UFOs, he said in a recent interview. A question about the US Department of Defense’s announcement that the Pentagon… Read More ›
IMF Urges World For Greater Synchronized Measures To Tackle Covid-19 Economic Hit
More needs to be done by the international community in order to address the economic impact of the novel coronavirus pandemic which started n China at the end of last year and then spread to the rest of the world…. Read More ›
Airbus signs key restructuring deal with trade unions
In a significant development, major French unions have signed a keenly awaited labor deal with Airbus which covers job reductions and furloughs for production workers who have been affected by coronavirus-blighted demand for passenger jets. The development comes in the… Read More ›
U.S.-China trade surplus narrows to $40.75 billion, Beijing far from meeting purchase commitments under Phase 1 deal
According to Chinese customs data released on Tuesday, Beijing’s trade surplus with the United States has narrowed to $30.75 billion in September, down from $34.24 billion a month earlier. For the first nine months of the year, China’s trade surplus… Read More ›
Meaningful transatlantic relationship EU’s top priority: EU’s new trade chief
According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
Collapse of global tax treaties could impose $100 billion in costs: Organisation for Economic Co-operation and Development
On Monday, the Organisation for Economic Co-operation and Development said, the global economy could see a drop of more than 1% in output if international talks to rewrite cross-border tax treaties break down and trigger a trade war. On Friday,… Read More ›
Sean Doyle appointed as CEO of British Airways
On Monday, Luis Gallego, who took the helm at IAG last month, appointed Sean Doyle as the CEO of British Airways. Doyle will be replacing Alex Cruz with immediate effect. The development marks a number of management changes in the… Read More ›
Standard Chartered’s Hong Kong unit approved to set up brokerage unit in Mainland China
On Monday, China’s state backed news agency Xinhua reported, the Hong Kong branch of Standard Chartered has applied for a brokerage license in mainland China. The application was accepted by the China Securities Regulatory Commission (CSRC) on October 10. Standard… Read More ›
China’s financial network and tech supply chain vulnerable to U.S. pressure: PBOC Vice Governor
On Monday, in a report, a magazine by the China’s central bank, Fan Yifei, a vice governor of the People’s Bank of China (PBOC) said, China’s financial network as well as its technology supply chain faces a huge risk from… Read More ›
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