Author Archives
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Bombardier-Boeing Trade Dispute Finds Britain’s May Fires Warning To Boeing
The commercial relationship that U.S. planemaker Boeing has with Britain was being undermined by the planemaker’s behaviour in a trade dispute with Canada’s Bombardier, U.K.’s Prime Minister Theresa May has said. After a complaint by Boeing led to the U.S…. Read More ›
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UBS Says At Risk Of Being A Bubble Are Toronto, London And These Other Major Housing Markets
In some cities around the world, the rise of home prices is astonishing even as such price rise is being witnessed in most major cities around the world. The home prices are at a far greater risk of correction when… Read More ›
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Putin Helped To Thwart Spies By Natalya Kaspersky’s Snoop-Proof Phone
Seeking to capitalize on the country’s tensions with the U.S., a smartphone that prevents Google and other apps from snooping on users is to be introduced by a Russian security company run by Kaspersky Lab’s co-founder. The Taiga phone has been… Read More ›
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After Boeing Complains They Were Unfairly Subsidized By Canada, US Slaps High Duties On Bombardier Jets
A costly trade war between the U.S. and its neighbor to the north – Canada, can be the result of a ruling by the U.S. Commerce Department about the alleged subsidies for airplanes built in Canada. There have been allegations made by… Read More ›
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One Of The Oil Market’s Biggest Concerns Now Is A Small Region In Iraq
Oil markets would be unsettled for weeks to come as oil prices were boosted to more than two-year highs by tensions over an independence vote in Iraqi Kurdistan. Despite objections from the central government in Baghdad and much of the… Read More ›
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While Timing Remains Uncertain, China’s First Local Government Bond Is Expected To Default According to Fitch Ratings
Amid persistent concerns over high debt levels in the world second largest economy, Fitch Ratings said in a press release issued on Sunday that China may witness its first local government bond defaults, although the timing was uncertain. Created by local authorities to bypass… Read More ›
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More Protection For Uber-Style Jobs Sought By EU
In order to try to tackle growing social inequality, rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts is sought to be better protected more social protection and rights by the European Commission…. Read More ›
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U.S. Seen Putting Off Key Demand On Autos As NAFTA Talks Intensify
Even as U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues, talks to update the North American Free Trade Agreement have got more intense. Amid warnings from trade experts that time… Read More ›
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China’s Zombie Company Problem Is Unlikely To Be Solved By A Private Solution
With bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October, China’s latest push to revive its bloated state-owned sector is set to pick up pace this year. But according to the… Read More ›
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After Germany’s Merkel Hangs On To Power, Euro, Stocks Slip
Following the win of European Union’s most powerful leader German Chancellor Angela Merkel’s fourth term but faced by a fractured parliament as support for the far-right surged, the single currency and European stocks slipped. Distraction from negotiations with Britain over… Read More ›