The talks will end on Friday. On Thursday, China’s state news agency Xinhua reported, the United States and China have begun high level trade negotiations in Beijing. The Chinese team is being led by Chinese Vice Premier Liu He while… Read More ›
Economy & Finance
NY fund manager pleads guilty to Belize airport scam
Brent Borland, 48, a principal at Borland Capital Group, has pleaded guilty to ripping off dozens of investors to the tune of $21.9 million. As per a statement from the U.S. Department of Justice, Brent Borland, 48, a NY-based investment… Read More ›
Economic Uncertainty Results In Drop In Optimism Among US Small Business Owners
According to a report by the National Federation of Independent Business (NFIB) of the United States, the uncertainty of the future of economic growth has resulted in the fall in optimism among small businesses in the US in the month… Read More ›
The EU Should Make More Brexit Concessions To The UK, Says German Think Tank
According to one of the better known German economic think tank, more concessions should be offered to the UK over Brexit. Steps should be taken to keep the “EU and the UK in a joint customs territory after 2020”, said… Read More ›
Mike Pompeo warns U.S. allies on using Huawei’s telecom equipment
Mike Pompeo’s message was lucid: if Huawei is allowed to build its network in an allied country it would make it difficult for Washington to “partner alongside them”. In a significant development, U.S. Secretary of State Mike Pompeo issued a… Read More ›
No more permits required for opening bank accounts from 2020: PBOC
The development, aimed at cutting red tapism, is aimed at streamlining and boosting the local economy. On Tuesday, China’s central bank, The People’s Bank of China, stated it will do away with issuing permits for opening bank accounts by companies… Read More ›
Consumption growth in 2019 likely to slowdown: official from China’s Commerce Ministry
With economies around the world, including the United States and the EU, taking measures to mitigate China’s trade policies, China’s economy witnessed a historic slowdown in 2018. As part of that slowdown, the Chinese car market touched its 30-year low…. Read More ›
Big Investors Getting Attracted To ‘Aphrodite’ Gas Following Egypt-Cyprus Deal
International oil companies, downstream companies and financial institutions have shown great interest in the Cypriot Aphrodite gas field following an intergovernmental agreement arrived at between Egypt and Cyprus, claimed Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla, according to… Read More ›
Trade Talks With US Should Yield Good Results, Hopes China
Just ahead of the start of the last round of trade negotiations in trade between the United States and China, the foreign ministry of China said that it hopes the talks would reveal good results. The latest round of negotiations… Read More ›
Study Claims $10 Billion New FDI Diverted From UK In Other EU Countries Due To Brexit
A research published on Monday claimed that money has been pushed out of UK because of Brexit. Even as the British government are yet to strike a comprehensive and acceptable deal for UK’s divorce from the European Union (EU), the… Read More ›
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