Recent Posts - page 508

• Air freight demand weak from China: Air cargo operators

  By admin1 on February 5, 2020 • ( 0 )

  

  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 ›

• French port town Calais floating in post-Brexit duty free dreams

  By admin1 on February 5, 2020 • ( 0 )

  

  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 ›

• Coronavirus Outbreak Will To Curb Beer Sales In Asia, Says Carlsberg

  By admin2 on February 4, 2020 • ( 0 )

  

  The spread of the coronavirus in China and the resultant extension of the shutdown of some of the breweries in the country have forced Carlsberg A/S to forecast slower earnings growth. The company predicts a slump in beer consumption in… Read More ›

• Extension Of Closure of Foxconn China Factories Could Hit iPhone Output For Apple: Reuters

  By admin2 on February 4, 2020 • ( 0 )

  

  In case of the temporary production halt at Foxconn’s Chinese factories because of the coronavirus outbreak into a second week could significantly impact the shipments to customers and there can be a a “big” production impact, impacting its customers including… Read More ›

• Italian court orders ING to pay $33.17 million to settle money laundering probe: judicial source

  By admin1 on February 4, 2020 • ( 0 )

  

  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 ›

• Thailand’s exports to China affected by coronavirus, to lose $65M in Q1

  By admin1 on February 4, 2020 • ( 0 )

  

  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 ›

• Turkmenistan to build new city from scratch

  By admin1 on February 4, 2020 • ( 0 )

  

  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 ›

• Commerce Department’ unveils new trade rule to slap countervailing duties on countries that undervalue currencies

  By admin1 on February 4, 2020 • ( 0 )

  

  In a significant development, the U.S. Commerce Department stated, it has finalized a new rule which it will apply to products from countries that it determines undervalues their currencies against the dollar. This could potentially impact China and be a… Read More ›

• China seeking flexibility on its Phase-1 trade deal purchase commitments: sources

  By admin1 on February 4, 2020 • ( 0 )

  

  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 ›

• Coronavirus jolts China’s economy, triggers rethink on wide economic spectrum

  By admin1 on February 4, 2020 • ( 0 )

  

  With the China’s coronavirus showing no signs of slowing down, Beijing is preparing to take steps to adjust to a slower rate of economic growth with officials pondering whether economic growth targets for 2020 should be softened. According to sources… Read More ›

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