The unexpected move was explained to be part of a package of measures to counteract a potential fallout from the trade conflict. On Tuesday, China’s central bank, the People’s Bank of China (PBOC), lent $31 billion (200 billion) to financial… Read More ›
With the U.S. Senate’s passing the amended annual National Defense Authorization Act, ZTE Corp has once again been drawn into the center of a trade skirmish that is gradually snowballing into a trade war. For ZTE, this is a time… Read More ›
The acquisition sees the creation of the 6th largest bank in the UK. On Monday, in a development that witnesses the creation of the 6th biggest bank in Britain, CYBG, a mid-sized bank, has agreed to acquire Virgin Money for… Read More ›
The M&A scene is heating up in Europe. On Monday, Lufthansa’s CEO disclosed, the air-carrier is in touch with Norway’s Air Shuttle for a potential takeover. Incidentally, British Airways owner IAG is also sniffing around for a potential deal. “In… Read More ›
Factory production, including those of Panasonic, Daihatsu Motor Co, a unit of Toyota Motor Corp, Sharp Corp, in Osaka and in its surrounding regions have been affected. Early on Monday, Japan’s news daily NHK reported that an earthquake measuring 6.1… Read More ›
The Italy government believes that the interests of its farmers are not protected by an EU-Canada free trade deal, and as such the country would not ratify the deal, said Italy’s nationalist agriculture minister on Thursday. A Comprehensive Economic and… Read More ›
Import tariffs on Chinese goods into the United States worth $50 billion have been approved by President Donald Trump. It is expected that the US Trade Representatives would make a formal announcement on the new tariffs in a day or… Read More ›
There is a growing nervousness amongst investors since the window of opportunity of avoiding a trade war is rapidly closing. On Friday, with media reports stating that U.S. President is set to impose “pretty significant” tariffs against China, shares across… Read More ›
Comcast has reportedly prepared a counter bid for 21st Century Fox and its assets to thwart attempts by Disney. It has been reported that he former has prepared bid for $65 billion all-cash offer to counter the $52.4 billion deal… Read More ›
Under the WTO’s dispute settlement process, holding consultations is the first step. It is not clear whether the U.S. will agree to such a request. As per a source in the Japanese government with direct knowledge of the matter at… Read More ›
manageria.biz 