Following a statement from the Swiss competition authority, COMCO, saying it wants to prohibit the Swatch Group from supplying watch mechanisms to other companies during 2020, Swatch, the world’s biggest watch maker, has threatened to pursue damages. “The provisional measures… Read More ›
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
The move will significantly impact the operations and earnings of dozens of Chinese companies including Megvii Technology Ltd, SenseTime Group Ltd and Chinese public security bureaus and sets the tone for U.S.-China trade negotiations.
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›
Chinese Vice Premier Liu is China top trade negotiator. On Monday, Chinese Vice Premier Liu He stated, Beijing is willing to resolve its trade dispute with the Washington through negotiations. In what are likely to be signs that U.S. trade… Read More ›
China is boosting its spending levels in order to fight a growing slowdown in its economy, which has sunk to its 27-year low. On Monday, in a statement, China’s housing ministry stated, it has sunk in $85.20 billion (600 billion… Read More ›
The development adds to the headwinds facing British Prime Minister Boris Johnson as he rushes to implement Brexit, without a without a deal. Britain’s Speaker for the House of Commons said, he would refuse to allow Prime Minister Boris Johnson… Read More ›
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
manageria.biz 