In a statement the U.S. Trade Representative’s office said, it is seeking public comments on plans to revive a targeted tariff exclusion process on Chinese imports with the aim to reinstate previously extended exclusions on 549 import product categories. It… Read More ›
According to an analyst from RBC Capital Markets, privacy changes in Apple’s iPhones signals that the tech giant may expand into the internet advertising market dominated by Facebook and Google. An update in April on most iPhones allow users to decide… Read More ›
On Sunday, a massive leak of financial documents was published by several major news organizations shedding light on how some of the world’s leaders, including Czech Prime Minister Andrej Babis, Jordan’s King Abdullah and Russian President Vladimir Putin, have stashed… Read More ›
In a statement Lufthansa said, it has agreed to lease four new Airbus A350-900 long-haul passenger jets in a move aimed at restructuring its balance sheet midst the coronavirus-induced COVID-19 pandemic. “Airplanes are currently available at low lease rates as carriers… Read More ›
As part of an overhaul of its taxation regime, Austria will implement a carbon levy of 30 euros per tonne said government officials while adding, the move is aimed at rewarding behaviour that helps protect the environment while cutting corporate… Read More ›
Consumer spending in the United States increased in August, but outlays were lower than previously believed when adjusted for inflation. This data supported forecasts that economic growth would stall in the third quarter as Covid-19 infections increased. Inflation remained high… Read More ›
On Friday, in a statement Australian Minister for Trade Dan Tehan said, trade talks with the European Union have been postponed. The development comes in the wake of Canberra deciding to cancel a $40 billion submarine deal with France. Last… Read More ›
The beleaguered Chinese property giant Evergrande, which is hugely in debt, has laso reportedly missed interest payment owed to overseas investors for the second time within a week, said reports quoting sources with information of the matter. The Chinese real… Read More ›
In a statement, Alexandre Bompard, the CEO of French supermarket giant Carrefour said, it is weighing options which includes consolidations in the sector and that it has commenced talks with the family behind the Auchan chain of stores. Both Carrefour… Read More ›
On Thursday, as per Swiss government documents, Switzerland has updated rules to ensure that large banks hold sufficient liquidity to absorb economic shocks. The newly updated rules will have little or no impact on bank in terms of additional capital… Read More ›
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