The European Union is planning to overhaul its industrial policy with the aim of creating an environment where European companies can do better at the global market. As a part of that plan, the EU wants to implement more stringent… Read More ›
Geopolitics
US Wants A Trade Deal With UK By This Year After Brexit
The United States treasury secretary has said that the US intends to come to an agreement on trade after Brexit with the UK by this year. It is possible for the UK to negotiate trade deals simultaneously with the US… Read More ›
Despite US Pressure, UK’s Plans For Digital Tax Backed By Tech Regulator Of Europe
The plans of the United Kingdom to press ahead with imposing digital tax despite opposition from the United States president Donald Trump has been supported by the European Union’s leading tech regulator. She was a “strong supporter” of national digital… Read More ›
Trump scheduled to sign USMCA on Wednesday
U.S. President Donald Trump is scheduled to sign a trade pact between the United States, Canada and Mexico on Wednesday during a ceremony at the White House, said an administration official while adding, invitations for attending the event has already… Read More ›
US Will Consider Increasing Tariffs On UK Cars If Digital Tax Is Imposed
If a tax on digital services is imposed by the United Kingdom, the United States could consider imposing additional tariffs on cars that are manufactured in the UK, said the US Treasury Secretary Steven Mnuchin. Any taxes on digital companies… Read More ›
US Treasury Chief Hits Out At Teenage Climate Activist Greta Thunberg
Taking a dig at the teenage environment activist Greta Thunberg, the treasury secretary of the United States Steven Mnuchin said that the teenager should go away and study economics before making any suggestions to investors. A complete absence of understanding… Read More ›
Financial markets should be ready in case of cliffhanger Brexit: Britain’s Financial Conduct Authority
On Thursday, Nausicaa Delfas, executive director of international at Britain’s Financial Conduct Authority stated, it would be prudent for financial firms in Britain to be ready in case Britain does not sign a trade deal with the European Union by… Read More ›
Siemens eyes reconstruction projects in Middle East, asks Trump for equal treatment
On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client. “They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said… Read More ›
New Survey Shows Erosion In Trust On Capitalism Due To Increasing Wealth Inequality
A survey conducted by public relations firm Edelman just prior to the gathering of the politicians and business tycoons of the world in the Swiss ski resort of Davos has revealed that there is a loss of confidence in capitalism… Read More ›
Chinese strategy of wearing down opponent with prolonged negotiations not working, EU won’t meet China halfway in investment talks: EU Trade Chief
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 ›
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