After a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability, policymakers in China are pushing a bullish message on the world’s second-biggest economy. China’s… Read More ›
Economy & Finance
U.S. Will Consider EU Free Trade Deal, Says An Encouraged Germany’s Merkel
By saying that she was “very encouraged” that talks were being looked at after her recent trip to Washington, German Chancellor Angela Merkel fueled expectations of a future EU-U.S. trade deal on Sunday. Germany would continue to work for trade… Read More ›
With The Aim To Invest In Digital Currency, New Global Fund To Raise $300 Million
As fund managers and investors seek to tap growing demand for virtual assets that allow for instant, borderless transactions, Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million. The co-founder of… Read More ›
The violation of consumer protection laws
The fire power of Republican attorney generals could protect Exxon Mobil against probing questions of whether it willfully violated consumer protection laws. As per a filing in the U.S. District Court in Manhattan, a group of eleven state attorneys general… Read More ›
Trump pulls up China over cheap steel import
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›
Companies Plot Their Plan B As Uncertainty Looms over French Presidential Elections
Amid the growing prospect that Marine Le Pen or Jean-Luc Melenchon could win the presidency on platforms of raising trade barriers and potentially exiting the euro currency bloc, French companies are stealthily preparing for the worst. In the case of a… Read More ›
For Bidding For Aramco IPO, China Gathers State-Led Consortium: Reuters
In order to act as a cornerstone investor in the initial public offering of Saudi Aramco, China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, reported Reuters citing people with knowledge of the… Read More ›
Brexit is more than just what meets the eye
Here are the views of EU’s foreign policy chief on Brexit during her visit to Beijing. Federica Mogherini, the European Union’s foreign policy chief, has stated that Britain is set to lose more than just its membership in the EU… Read More ›
Jeremy Corbyn to take on UK’s ‘cosy cartel’ which protects the weathy
“These rules have created a cosy cartel which rigs the system in favor of a few powerful and wealthy individuals and corporations… But things can, and they will, change.” – Jeremy Corbyn Jeremy Corbyn, Britain’s opposition leader has vowed to… Read More ›
Products Tested On Animals Are Being Sold By Big Cosmetic Firms In China
The Chinese government mandate of animal testing for imported cosmetics and skincare products made entrepreneur Phoebe Song stop cold after she had launched her organic, vegan skincare line that she had planned to sell around the world, including in China, the… Read More ›