While resolutely opposing the escalation of the trade war between the United States and China, Chinese Vice Premier Liu He, who has been leading the talks with Washington, said that his country wants to make use of “calm” negotiations to… Read More ›
Entrepreneurship
China willing to negotiate trade dispute through dialog: Chinese Vice Premier Liu
Chinese Vice Premier Liu is China top trade negotiator. On Monday, Chinese Vice Premier Liu He stated, Beijing is willing to resolve its trade dispute with the Washington through negotiations. In what are likely to be signs that U.S. trade… Read More ›
China’s Renminbi falls off cliff with escalating trade war
Investors are flocking to sage havens assets including gold, Swiss franc and Japanese yen. On Monday, investors flocked to safe haven assets following a sharp re-escalation in the U.S.-China trade war. With reacting to U.S. tariffs and imposing its own,… Read More ›
U.S.-Japan trade deal on the horizon
With the 2020 elections coming up, Trump is under pressure to deliver to his constituents in key swing states; these are the voters who ensured he became President. U.S. President Donald Trump as well as Japanese Prime Minister Shinzo Abe… Read More ›
Trump threatens to tax French wine in response to France’s digital tax
Fighting wars on two fronts is a very risky proposal. As a response to a French proposal to tax big U.S. tech companies, U.S. President Donald Trump threatened to levy a tax against French wine. On this note it would… Read More ›
China eases restrictions on gold imports
China’s central bank had previously imposed restrictions on quotas used to import gold into the country by commercial bank, which are mainly responsible for gold entering into the country. This was part of measures to stop the flow of capital… Read More ›
U.S. manufacturing contracts for 1st time in a decade – private survey results
Since the private survey adds fuel to fears that the U.S.-China trade war, which is deeply hurting Beijing which for years have exploited western technologies and economic policies to its benefits, is hurting the U.S. economy, one will have to… Read More ›
BNP Paribas to cut 500 jobs in France over the next 3 years
The job cuts will be routed through voluntary redundancies with employees having the option to relocate to other posts in Portugal. In a statement, BNP Paribas disclosed, it would cut nearly 500 jobs in France from its securities services business…. Read More ›
No time to renegotiate complete Brexit – Macron to Johnson
While Brexiters have acknowledged that a no-deal Brexit will significantly impact the country’s economy they however argue that this disruption will not last long and that UK will be free to chart its own course and make trade deals with… Read More ›
Wells Fargo settles Navajo Nation lawsuit with $6.5 million
Wells Fargo “predatory and unlawful practices” continues to haunt the bank. The scandal saw two CEOs leave the bank. Wells Fargo is still looking for a CEO. According to a statement from the Navajo Nation, a Native American tribe, Wells… Read More ›