On Thursday, a report from Bloomberg citing sources familiar with the matter at hand, said, trade negotiations between the United States and China through phone calls could commence as early as next week. The call will include U.S. Trade Representative… Read More ›
In order to reduce leverage in the economy, Chinese regulators have allowed asset investment companies (AIC) to conduct asset management business to invest in debt-to-equity assets and boost equity financing in the country. Major state-owned banks including China Construction Bank… Read More ›
On Tuesday, according to the results of a survey, business activity in Egypt’s non-oil private sector collapsed in April, following the total shutdown of the tourism industry, weakening demand as well as the imposition of lockdowns in its cities as… Read More ›
On Tuesday, the United States and Britain launched trade negotiations through videoconferencing following the UK’s exit from the European Union. Both countries, struggling to cope with the coronavirus pandemic are aiming to shore up domestic supply chains. These talks are… Read More ›
On Monday, Starbucks said it has entered into a strategic partnership with Sequoia Capital China, an investment firm, which will will see the two companies making strategic join investments in China’s technology sector. In a statement Starbucks said, the partnership… Read More ›
According to three U.S. sources, China is preparing to purchase 30 million tonnes of U.S. crops for stockpiling to help protect itself from supply chain disruptions due to the coronavirus pandemic. The potential move is also in line with its… Read More ›
In an attempt to minimize its dependency on China, the global rare earth leader, the U.S. government plans to fund domestic rare earths projects. Rare earths are a group of 17 minerals used widely in a plethora of consumer electronics… Read More ›
In yet another lawsuit against the Chinese government that has resulted as a result of the coronavirus which emerged from Wuhan China, the office of Missouri’s Attorney General Eric Schmitt stated, it had filed a lawsuit in the U.S. District… Read More ›
In a statement Starbucks Corp said, it would roll out its new plant-based lunch menu in China later this this week, and launch Beyond Meat Inc’s products in the country. Starbucks Corp, the world’s biggest coffee chain, has reopened the… Read More ›
In a significant development, the euro zone’s trade surplus with the world grew in February, with imports from China falling sharply. The unadjusted goods trade surplus grew to $25.1 billion (23.0 billion euros) in February, compared with 18.5 billion euros… Read More ›
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