Its “super-sized” will be opened up to a greater extent economy to import more high-quality goods and services, said Chinese president Xi Jinping. He also said that free trade deal wil be signed by China with more countries. Xi made… Read More ›
Economy & Finance
Britain must successfully trade deal with Canada by December 31, 2020: Liz Truss
On Thursday. British trade minister Liz Truss said, Britain is determined to enter into a trade agreement with Canada before the end of this year thus underscoring the notion that both countries could enter into subsequent agreements after securing this… Read More ›
China wants a boost in global trade & service ties : Xi Jinping
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›
Hungary to purchase NASAMS air defense systems from Raytheon and Kongsberg
On Thursday, in a statement the Hungarian government stated, it plans on purchasing NASAMS air defense systems from Norway’s Kongsberg and from Raytheon, a U.S. company. The delivery for the same is scheduled for 2023.
Sale Of New Diesel And Gasoline Cars To Be Stopped By UK In 2030
Cars running on only on fossil fuels will be banned by the United Kingdom in 2030 in a move that is aimed at phasing out polluting vehicles before any other major economy in the world while also supporting the recovery… Read More ›
Largest Ever Fall Predicted In Sale Of Global Luxury Goods For 2020, According To Bain Forecast
According to consultancy firm Bain, a fall of 23 per cent is set to be recorded in the sales of luxury goods worldwide to 217 billion euros ($258 billion) in the current year which be the largest such fall in… Read More ›
Japan Now Part Of The Economic ‘Zoom Boom’ Trend Of Growth
A growth of 5 per cent in the third quarter of this year had=s now pushed the Japanese economy out of recession. With the novel coronavirus pandemic induced lockdowns hit its manufacturing sector and consumer spending, the country witnessed a… Read More ›
U.S. asset manager AllianceBernstein applies for setting up mutual fund unit in China
According to a post in China’s securities website, U.S.-based asset manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund in China. The website of China’s Securities Regulatory Commission shows that application documents from AllianceBernstein Hong Kong… Read More ›
Amid Pandemic, Rich Nations Call In Debt Result In Rise In World Poverty
According to Gordon Brown, the former British Prime Minister, the international goal of eradicating extreme poverty by 2030 is currently under crisis after decades of making progress. Brown said that health and education systems have been sacrificed by developing countries… Read More ›
EU Industry Chief Says Tech Firms Breaching Rules Could Face Service Bans
If technology companies do not heed European Union regulations, the regulators of bloc could ban the services of such companies from Europe, warned Europe’s industry chief Thierry Breton during an interview to the German weekly Welt am Sonntag, The European… Read More ›
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