The International Monetary Fund is still very concerned about the trade war that is being ongoing between the United States and China. The Managing Director of the world body Christine Lagarde, told the international news agency Reuters during a visit… Read More ›
Regulations & Legal
Steel, Aluminum Tariffs On Canada And Mexico Removed By Trump
In the efforts of encourage the lawmakers of Mexico and Canada to quickly ratify the new North American trade deal, the U.S. will lift steel and aluminum tariffs on the two trade partners, said the United States President Donald Trump…. Read More ›
Its Own Decision On 5G & Huawei Would Be Taken By UK
The decision of whether or not to include the Chinese telecom giant Huawei in its construction of 5G network in the country would be taken by the United Kingdom and the decision would not be influenced by outside forces. The… Read More ›
Brexit Preventing People From Holidaying, Says Thomas Cook
There would be further headwinds for the rest of year, warned the travel firm Thomas Cook as it also reported a loss of £1.5bn for the first half of the current year. The company said that the company now had… Read More ›
Trump’s Move Against Huawei To Be Retaliated, Warns China
China would undertake the required measure to protect the interests of its companies and businesses, said the country in retaliation to the decision of the United States to ban American telecom from using equipment and technology from the Chinese telecom… Read More ›
US Shopper Will Face Higher Prices Due To Increased Tariffs, Warns Walmart
The higher tariffs imposed on goods from China would result in increased pricves for shoppers, said the world’s largest retailer Walmart Inc on Thursday. This warning was issued by the company even as it reported the best comparable growth in… Read More ›
Nestle SA in exclusive talks with consortium led EQT Partners and ADIA for selling its skin health business
Although there is no certainty that the deal will go through, but if and as and when it does, Nestle will provide an update on how it will use the proceeds as well as provide a layout of its future… Read More ›
Safety Concerns Over Boeing’s 737 Max Were Raised By Pilots Before Ethiopia Crash
According to reports in the US media, in a meeting last November, Boeing was confronted about potential safety issues in its 737 Max planes by pilots from American Airlines. According to a report published by CBS and the New York… Read More ›
For The First Time, Dividends To Shareholders Cut By Vodafone
For the first time in its history, the payout to its shareholders has been cut by Vodafone as the telecom service company swung to a full-year loss. In November last year, a commitment was made by the new chief executive… Read More ›
Widespread Store Closure In US Predicted Due To Renewed Trade War
There can be massive closures of retail stores because of the latest round of US tariffs on China and tit-for-tat tariffs from China on US goods imported into the country. A new list of Chinese goods worth about $300 billion… Read More ›