According to two sources familiar with the matter at hand, the U.S. State Department has informed European companies that those helping to build Russia’s Nord Stream 2 gas pipeline face sanction risks. “We are trying to inform companies of the… Read More ›
European companies
Pandemic fears spreads, markets shed $3 trillion
On Thursday, with China’s coronavirus continuing to spread at its fastest pace outside China, shares continued to plunge downward wiping out more than $3 trillion in value in this week alone. U.S. Treasuries yields also hit their record lows on… Read More ›
Chinese strategy of wearing down opponent with prolonged negotiations not working, EU won’t meet China halfway in investment talks: EU Trade Chief
During a press conference held by business lobby group BusinessEurope, EU trade chief Phil Hogan made it amply clear that the European Union wants China to protect foreign investment and increase access to its investment market in 2020. The EU… Read More ›
Negotiations in EU-China investment agreement enters ‘critical stage’: EU’s ambassador to China Nicolas Chapuis
On Friday, a senior EU official stated, following six years of negotiations, EU-China negotiations on investment agreement have entered a “critical stage” and are progressing well. In a news briefing in Beijing, Nicolas Chapuis, EU’s ambassador to China, stated, progress… Read More ›
EU needs urgent overhaul of competition policy to meet global challenges
In an interview to Danish business daily Finans, Maersk’s CEO Soren Skou stated, the strict enforcement of competition rules in the European Union is acting as a barrier to developing global champions who can compete with U.S. and Chinese companies…. Read More ›
Bridgewater Associates’ Ray Dalio sees 70% chance of U.S. recession before 2020
Here are the views of billionaire investor Ray Dalio on the state of the U.S. economy and the market. Ray Dalio, the billionaire investor who founded Bridgewater Associates, the world’s largest hedge fund, opined that it is highly likely that… Read More ›