During a press conference held by business lobby group BusinessEurope, EU trade chief Phil Hogan made it amply clear that the European Union wants China to protect foreign investment and increase access to its investment market in 2020. The EU… Read More ›
Entrepreneurship
Chips And Electric Car Batteries Should Be Made In Europe, Says Angela Merkel
Member countries of the European Union need to enhance their technological abilities and aggressively push for development in the areas such as manufacturing of catteries for electric cars and in cloud computing – believes the German Chancellor Angela Merkel. in… Read More ›
U.S., South Korea and Japan eyeing investments near South China Sea
South Korea, Japan and the United States are keen to invest in Indonesia’s Natuna Islands with Indonesian President Joko Widodo stepping up efforts to rebuff foreign claims over the resource-rich waters in the South China Sea. In a statement, Indonesia’s… Read More ›
China to roll out more fiscal support measures with economy facing pressures: China’s head of the National Bureau of Statistics
On Friday, China’s chief of statistics bureau stated, Beijing will maintain a proactive fiscal policy and a prudent monetary policy in 2020 and will roll out support measures since its economy faces downward pressures. During a press conference in Beijing,… Read More ›
Nexter Robotics: land drones finding their place on battlefield
Strangely, although warfare took to the skies centuries after occurring on land, it turns out that the air is a simpler environment for automated weapons. But drone technology has developed sufficiently to enter the land environment, by capitalizing on civilian… Read More ›
Financial sector optimistic on U.S.-China Phase 1 trade deal
Under the recent Phase 1 U.S.-China trade deal, China has agreed to expedite by nine months a previous December 2020 deadline for removing foreign ownership caps on securities firms, which includes investment banking, underwriting and brokerage operations. The Phase 1… Read More ›
India mulling introduction of new law to protect foreign investments
According to two officials with direct knowledge of the matter at hand, the Indian government is planning on bringing a new law to safeguard foreign investment in the country, by speeding up dispute resolutions. In the initial 40-page draft by… Read More ›
Discussions on U.S.-China Phase 2 trade deal have already begun: U.S. Vice President Mike Pence
In an interview with Fox Business Network, U.S. Vice President Mike Pence disclosed, discussions on the “Phase 2” U.S.-China trade deal have already begun hours after signing the Phase 1 trade deal. The Phase 1 trade agreement has defused some… Read More ›
U.S. President Donald Trump signs U.S.-China Phase 1 trade deal
On Wednesday, U.S. President Donald Trump signed a trade deal with China at a White House event. The U.S.-China trade has been a centerpiece of Trump’s presidency, and the Phase 1 deal ceremony being held at the White House rather… Read More ›
PSA names Beatrice Foucher and Vincent Cobee to its global executive committee
On Wednesday, French carmaker PSA stated, it has appointed two executives that it had recently recruited from the Renault-Nissan-Mitsubishi alliance to head its DS and Citroen brands. Both executives have been named to its global executive committee. PSA said Beatrice… Read More ›