News

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Sat, 01 Jun 2019 18:09:13 GMT

J.P. Morgan reconsiders forecasts on US yields

The J.P. Morgan analytics department stated on Saturday that escalating trade tensions with China and other countries could force the Federal Reserve to hike interest rates two more times in 2019.

Sat, 01 Jun 2019 17:19:32 GMT

Businesses criticize Trump's tariff threat

The President of Mexico Lopez Obrador and the US Chamber of Commerce on Saturday called Donald Trump to cancel his threat to increase tariffs on goods imported from Mexico.

Sat, 01 Jun 2019 15:53:42 GMT

India downplays trade tensions with US

On Saturday, the Indian government announced that it will continue to build relationships with the US despite the recent drop of US preferential trade treatment of India.

Sat, 01 Jun 2019 14:53:57 GMT

Mexican President comments on tariffs

On Saturday, the President of Mexico announced that he is expecting good results from talks with the US about the recently announced trade tariffs.

Sat, 01 Jun 2019 13:45:29 GMT

China will investigate FedEx-Huawei dispute

On Saturday, the Chinese state news agency Xinhua announced that Chinese officials will investigate the conflict between FedEx and Huawei.

Sat, 01 Jun 2019 13:31:14 GMT

Italy promises to obey EU rules

On Saturday, Italian officials announced that Italy will respect the fiscal rules that the EU has set upon the country. Namely, government spending will be decreased.

Sat, 01 Jun 2019 12:01:35 GMT

Total to take Toshiba's LNG business

The French energy company Total stated on Saturday that it would acquire Toshiba's LNG business in the United States and get additional $800M cash as part of the agreement.

Sat, 01 Jun 2019 11:22:32 GMT

Total hopes to continue gas project in Papua New Guinea

The French gas giant Total expressed a hope on Saturday that the newly elected government of Papua New Guinea would not jeopardize the Papua LNG project deal.

Sat, 01 Jun 2019 10:12:03 GMT

China to present white paper on talks with US

The China's State Council stated on Saturday that it would present a white paper on bilateral trade talks with the United States.

Sat, 01 Jun 2019 09:04:17 GMT

India to continue advancing relations with US

The Indian government stated on Saturday that it would continue to advance bilateral ties with the United States, despite Donald Trump's decision to revoke preferential trade treatment starting from June 5.

Sat, 01 Jun 2019 07:59:35 GMT

Shares of global automakers and suppliers decline

The global automaker's and supplier's shares declined on Friday after the US President Donald Trump's threat to impose tariffs on Mexico.

Sat, 01 Jun 2019 06:55:03 GMT

Uber to suspend XL services in Turkey

On Friday, ride-hailing service Uber announced that it would suspend its XL service in Istanbul. However, passengers in the country's largest city would still be able to use the smaller yellow taxi.

Sat, 01 Jun 2019 06:02:08 GMT

US consumer prices increase

On Friday, according to the US Commerce Department, the US inflation edged up by the most in fifteen months in the Q1.

Sat, 01 Jun 2019 05:02:39 GMT

Ebrard says tariff threats against Mexico are unfair

Marcelo Ebrard, the Mexican Foreign Minister, said that the US President Donald Trump's threat to impose tariffs on Mexico was unfair.

Sat, 01 Jun 2019 03:59:49 GMT

India's economy growth hits four-year low

The Indian economy grew at a much slower-than-expected 5.8% in over four years in the Q1. The figures were released by India's Prime Minister Narendra Modi.

Sat, 01 Jun 2019 02:58:46 GMT

Crude oil prices decline by 3% on Friday

On Friday, crude oil prices edged lower by 3%, after the US President Donald Trump increased the global trade tensions by threatening tariffs on imports from Mexico.

Sat, 01 Jun 2019 02:11:47 GMT

Atlanta's Fed forecasts US Q2 GDP growth at 1.2%

On Friday, the Atlanta Federal Reserve's Nowcast model showed that the US economy would expand at a 1.2% annualised rate in the second quarter.

Fri, 31 May 2019 20:00:16 GMT

Japanese Yen surges on Trump's remarks

On Friday, investors and traders rushed to a safe-haven Japanese Yen, after the US President Donald Trump threatened to impose tariffs on the Mexican imports.

Fri, 31 May 2019 19:00:13 GMT

Global equity markets decline

Global stocks declined on Friday, as investors and traders switched to a safe-haven bond, after the US President Donald Trump threatened to impose tariffs on imports from Mexico.

Fri, 31 May 2019 18:00:07 GMT

Shares of global automakers and suppliers decline

The global automaker's and supplier's shares declined on Friday after the US President Donald Trump's threat to impose tariffs on Mexico.

Fri, 31 May 2019 17:04:01 GMT

Uber to suspend XL services in Turkey

On Friday, ride-hailing service Uber announced that it would suspend its XL service in Istanbul. However, passengers in the country's largest city would still be able to use the smaller yellow taxi.

Fri, 31 May 2019 15:50:36 GMT

Mediaset, ProsiebenSat deny talks on pan-EU TV firm

On Friday, the broadcasters Mediaset and ProSiebenSat.1 denied a media report about potential talks between the two companies over establishing a pan-EU TV firm, after Italy's media house acquired the 9.6% stake in the German competitor.

Fri, 31 May 2019 14:58:22 GMT

Renault board to discuss FCA merger offer

Renault's board is set to hold a meeting on Tuesday to review Fiat Chrysler's merger offer, after Bruno Le Maire, the Finance Minister, reiterated conditional support of the government for the tie-up.

Fri, 31 May 2019 14:35:49 GMT

AGL Energy walks away from Vocus buyout bid

Australia's AGL Energy has walked away from the takeover offer made for Vocus, after failing to reach the agreement on diligence terms between the two companies, AGL announced on Friday.

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