If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›
negotiations
China’s trade surplus in February much lower than forecast
According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
Global automakers brace for potential tariffs on autos and car parts
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
U.S.-China high-level trade negotiations begins in Beijing
The talks will end on Friday. On Thursday, China’s state news agency Xinhua reported, the United States and China have begun high level trade negotiations in Beijing. The Chinese team is being led by Chinese Vice Premier Liu He while… Read More ›
Consumption growth in 2019 likely to slowdown: official from China’s Commerce Ministry
With economies around the world, including the United States and the EU, taking measures to mitigate China’s trade policies, China’s economy witnessed a historic slowdown in 2018. As part of that slowdown, the Chinese car market touched its 30-year low…. Read More ›
Mark Tucker appointed as chairman of TheCityUk
The development assumes significance since the lobby group has been one of the main channels through the UK’s financial services firms lobbied the British government for a favorable outcome vis-a-vis Brexit. On Monday, TheCityUk, a British financial industry lobby group,… Read More ›
U.S.-China trade negotiations to focus on intellectual property
This is a crucial round of negotiations since it revolves around one of Washington’s core demands of China’s treatment of U.S. intellectual properties. Negotiations in the U.S.-China trade war is slated to shift to a higher gear this week with… Read More ›
Theresa May reneging on UK government commitments on Irish backstop
Making commitments and reneging on them appears to be part of the unscripted, Shakespearean Brexit drama that is threatening to ravage the British economy. A second referendum seems increasingly more inviting given the prospects of increased clarity that will stem… Read More ›
Apollo close to clinching $3.8 billion plus deal to acquire RPC Group
Growing demand from online shopping as well as reliable cash flows from the plastic packaging sector has since long been a point of interest for private equity. As per a report from the Wall Street Journal, private equity firm Apollo… Read More ›
