News

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Mon, 03 Jun 2019 10:42:30 GMT

Donald Trump visits London

On Monday, the US President Donald Trump started a state visit of the United Kingdom. During the visit the President was laying out his views on Brexit, Huawei and the possible next leaders of Britain.

Mon, 03 Jun 2019 10:09:03 GMT

Saudi Arabia comments on OPEC+

On Monday, the Energy Minister of Saudi Arabia Khalid al-Falih announced that OPEC+ is most likely going to reach a consensus in the second half of the year.

Mon, 03 Jun 2019 05:04:13 GMT

Hassett, President Trump's top economist, to leave WH

The US President Donald Trump announced on Sunday that Kevin Hassett, the White House senior Economic Adviser, is stepping down.

Mon, 03 Jun 2019 03:59:43 GMT

Infineon Technologies to acquire Cypress Semiconductor

Bloomberg reported on Sunday, citing two sources with knowledge the matter, Germany's Infineon Technologies is close to a deal to purchase Cypress Semiconductor Corp.

Mon, 03 Jun 2019 03:31:35 GMT

China's factory activity expands at steady pace

China's manufacturing activity grew at a steady pace in May, while export orders recovered from a decline, a private business survey revealed, though the overall economic outlook was mixed as factory prices stalled and output slipped.

Sun, 02 Jun 2019 20:15:12 GMT

Google likely fo face federal investigation

According to a source with the knowledge of the matter, the US Department of Justice could start an antitrust investigation against Google and its search practices.

Sun, 02 Jun 2019 19:24:16 GMT

Mexico wants to stay friends with US

The President of Mexico Lopez Obrador stated on Sunday that he wanted to keep friendly relations with the White House and the American people, though he was ready to protect the interests of his own country.

Sun, 02 Jun 2019 18:20:24 GMT

US says dispute with Mexico not to affect NAFTA

The acting White House Chief of Staff Mick Mulvaney stated on Sunday that a possible increase of tariffs on Mexican goods would not affect finalization of the new North American Trade Agreement (NAFTA).

Sun, 02 Jun 2019 17:19:30 GMT

Mexico to start trade talks with US

The Economy Minister of Mexico Graciela Marquez stated on Sunday that she would fly to Washington tomorrow to discuss with the US Commerce Secretary Wilbur Ross a possible tariffs increase.

Sun, 02 Jun 2019 15:45:07 GMT

China publishes opinion on trade wars

On Sunday, the Chinese government published a paper in which it was announced that China will not back off in the US-China trade war despite recent tariffs.

Sun, 02 Jun 2019 15:21:03 GMT

Chinese regulators comment on trade war

On Sunday, the Chinese securities and markets regulators announced that the impact of trade wars on financial markets can be controlled.

Sun, 02 Jun 2019 13:40:28 GMT

PBoC comments on liquidity

On Sunday, representatives of the People's Bank of China announced that despite the government's takeover of Baoshang Bank the banking system has not experienced any issues with liquidity.

Sun, 02 Jun 2019 13:29:25 GMT

Trump comments on Brexit

On Sunday, the US President Donald Trump announced that the UK should do a hard Brexit, if the EU does not yield in negotiations.

Sun, 02 Jun 2019 12:20:52 GMT

Saudi warn of economy growth risks

The Saudi Arabian Monetary Authority stated on Sunday steady slowdown of world economy growth could negatively affect oil market and, as a result, the country's economy temps of growth.

Sun, 02 Jun 2019 11:09:06 GMT

Italy not to clash with EU over budget

The Economy Minister of Italy Giovanni Tria stated on Sunday that the government had no intention to conflict with the European Commission over its budget deficit to avoid sanctions.

Sun, 02 Jun 2019 10:25:06 GMT

Air companies lower profit forecasts

The International Air Transport Association stated on Sunday that the estimated industry's annual profit was revised and lowered to $28B from $35.5B amid protectionism fears.

Sun, 02 Jun 2019 09:22:49 GMT

German SPD leader to resign

Andrea Nahles, the head of the German Social Democratic Party (SPD), said that she would resign today because of lack of support from voters.

Sun, 02 Jun 2019 08:01:57 GMT

Shouwen says US can't force trade deal on China

The Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen said on Sunday that the US can't use extreme pressure to force a trade deal.

Sun, 02 Jun 2019 06:58:50 GMT

Rouhani says Iran may hold talks if US shows respect

On Saturday, the Iranian President Hassan Rouhani suggested that his county may holds talks if the US showed some respect to international rules.

Sun, 02 Jun 2019 05:59:34 GMT

Mexico plans to tighten migration

On Saturday, the Mexican President Andres Manuel Lopez Obrador said that his country might tighten migration to defuse President Donald Trump's threat to impose tariffs on imports from Mexico.

Sun, 02 Jun 2019 05:01:24 GMT

US DOJ plans to investigate Google

The US Department of Justice is planning to probe Alphabet Inc's Google to decide if the company broke the antitrust law.

Sun, 02 Jun 2019 03:58:52 GMT

Italy vows to respect EU fiscal rules

On Saturday, the Italian officials said that Italy would respect the EU's fiscal rules, as the country is keen to avoid a legal clash with the European Union over its structural deficit.

Sun, 02 Jun 2019 03:00:57 GMT

China to investigate FedEx

The Xinhua news agency reported on Saturday that China would investigate FedEx Corp after Huawei said that its parcels were diverted.

Sun, 02 Jun 2019 02:05:07 GMT

US starts collecting higher tariffs on Chinese imports

On Saturday, the US Customs and Border protection started collecting 25% tariffs on several Chinese imports arriving in the United States Seaports.

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