Recent Posts - page 527

• British supermarket giant Tesco suspends Chinese Christmas cards supplier over forced labor report

  By admin1 on December 23, 2019 • ( 0 )

  

  Following a press report of a Chinese supplier of its Chinese supplier of Christmas cards employing foreign prisoners in forced labor camps, British supermarket giant Tesco suspended its contract with the Chinese supplier. “We abhor the use of prison labor… Read More ›

• China to lower import tariffs on select products from January 1, 2020

  By admin1 on December 23, 2019 • ( 0 )

  

  In a statement, China’s finance ministry stated, it will lower tariffs on products ranging from avocado, and frozen pork to some type of semiconductors in 2020. In the coming year, Beijing is scheduled to lower import tariffs, which are lower… Read More ›

• U.S.-China Phase One trade deal to be signed ‘very shortly’: Trump

  By admin1 on December 22, 2019 • ( 0 )

  

  U.S. President Donald Trump stated, the United States and China would “very shortly” sign the so-called Phase One trade pact. “We just achieved a breakthrough on the trade deal and we will be signing it very shortly,” said Trump at… Read More ›

• World Bank Report Shows Record Growth Of Debt In 2018 In EMDEs

  By admin2 on December 21, 2019 • ( 0 )

  

  An analysis in Global Waves of Debt, the World Bank has found that in 2018, a record $55tn in total debts was attributed to the Emerging market and developing economies (EMDEs). The institution said that this was the straight eighth… Read More ›

• EIU Predicts 50% Slower Global Growth Over The Next Decade Compared To The Last

  By admin2 on December 21, 2019 • ( 0 )

  

  A senior and well known economist has predicted that the pace of global economic growth in te next decade will be about half of what the global economy had achieved in the 2010s. Simon Baptist, chief economist at the Economist… Read More ›

• Private equity firm Lone Star acquires BAF’s construction chemicals business for $3.5 billion

  By admin1 on December 21, 2019 • ( 0 )

  

  On Saturday, in a statement BASF’s construction chemicals business stated, Lone Star, a private equity firm has entered into a deal to acquire it for $3.5 billion (3.17 billion euros) on a cash and debt-free basis. The deal, having immediate… Read More ›

• China’s Big Fund trim stake in tech sector

  By admin1 on December 21, 2019 • ( 0 )

  

  On Saturday, China’s state-backed semiconductor fund announced plans to trim its stakes in select tech firms, even as foreign investors continued to increase their exposure to its tech sector. China’s National Integrated Circuitry Investment Fund, which is known as the… Read More ›

• U.S. approach to industry-standard patents undergoes policy-shift

  By admin1 on December 20, 2019 • ( 0 )

  

  In a far-reaching policy shift, officials from the United States antitrust and patent office stated they no longer deem holders of industry-standard patents anti-competitive if they sue to stop the sale of infringing products. In a joint statement, the U.S…. Read More ›

• Britain to enact law to safeguard assets of national security

  By admin1 on December 20, 2019 • ( 0 )

  

  The British government is set to table a bill which will enable it to intervene in mergers and acquisitions that threaten national security; intervention measures will include blocking the purchase of assets, including those related to intellectual property, as well… Read More ›

• Britain to close Brexit Department on January 31, 2020

  By admin1 on December 20, 2019 • ( 0 )

  

  A spokesman for the British government has disclosed, Britain’s Brexit department will be shutdown once the country leaves the European Union on January 31. Britain’s Brexit department was originally set up in July 2016 to oversee Britain’s negotiations to leave… Read More ›

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