China’s coronavirus outbreak has claimed it first big M&A deal. Melco Resorts & Entertainment Ltd, a Macau casino operator, has decided to not pursue its purchase of a stake in Australia’s Crown Resorts Ltd citing a plunge in traveler numbers… Read More ›
On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›
Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›
On Wednesday, the chief executive of Qatar Airways said, the airlines is interested in increasing its stake in Chile’s LATAM Airlines to 20%. Qatar Airways is waiting for the right opportunity and right price to consider increasing its stake in… Read More ›
On Wednesday, big air cargo carriers stated, they dont have any immediate plans to add flights to China to replace the capacity lost midst steep cuts to passenger travel due to the coronavirus, with many factories choosing to remain closed… Read More ›
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›
On Tuesday, a court in Milan, ordered Dutch lender ING to pay $33.17 million (30 million euros) to settle a money-laundering case in Italy, said a judicial source. Judge Roberto Crepaldi imposed a penalty of 1 million euros on ING… Read More ›
On Tuesday, a Thai shipping association said, Bangkok could lose as much as $64.6 million (2 billion baht) in exports to China in the first quarter due to the outbreak of the coronavirus; this is yet another example of the… Read More ›
On Tuesday, Turkmenistan stated, it will be importing equipment and materials worth $1.5 billion to build a new city from scratch. The project in the gas-rich Central Asian country is overseen by its President, Kurbanguly Berdymukhamedov’s son. The move is… Read More ›
With China’s coronavirus threatening to put the brakes on China’s recovering economy, Chinese officials are hoping the U.S. will agree to some flexibility on its pledges in the recently signed phase-1 trade deal, said sources familiar with the situation at… Read More ›
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