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Luca de Meo to head Kering SA 09/11/2025

IEA Warns of Mounting Oil Surplus as OPEC+ Output Expansion Outpaces Demand 09/11/2025

Dollar Bears Say Slide Could Resume as Pause Looks Temporary 09/11/2025

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Economics

Efforts Ongoing To Complete Phase One Trade Deal With US, Says China

China attempted to allay fears that the trade negotiations with the United States could be getting off track as the country’s commerce ministry said on Thursday that Beijing will strive to reach a "phase one" of the proposed trade agreement with Washington and both the sides have kept communication...

California refuses to buy cars made by pro-Trump manufacturers

The governor of California announced that starting next year, authorities will no longer buy cars from General Motors, Toyota and Fiat Chrysler. State authorities attribute this to the fact that companies did not support local initiatives to combat climate change, but sided with federal authorities...

Near-Complete Trade Deal In May Could Form Basis For US-China Partial Agreement

The United States and China have now fallen back on the agreement that the two sides almost managed to agree to in May this year for deciding on the amount of tariffs that each should take back as part of the so called phase one trade agreement between the two countries, claimed reports quoting...

WTO Trade Barometer shows world trade sinking down

The growth rate of world trade in the IV quarter of 2019 will remain below the trend line. This is evidenced by the World Trade Organization (WTO)’s indicator "Trade barometer". At the same time, the indicator’s value improved compared to the previous measurement (August of this year), reaching...

In-Depth Trade Talks With US On Phase One Says China

The Chinese commerce ministry said on Thursday that in-depth discussions on a "phase one" trade agreement was being held with the United States which also includes the proposal making the rounds of cancellation of the tariffs which Beijing said was an important preconditions for the two largest...

Yahoo! is negotiating to merge with Japanese QR payments operator Line

The transaction between the two QR payment operators may become the largest event in the Japanese technology market. One of Japan's leading Internet companies, Yahoo! Japan, co-owned by SoftBank, has confirmed that it is negotiating a merger with the Line application operator. The $ 27 billion deal...

China Trade Deal 'Close', Says Trump, But Provides No Specifics

While hinting that the so called ‘phase one’ of a trade deal will with China could be completed “soon”, United States president Donald Trump denied to provide any further details about the ongoing negotiations while making the comment in a campaign-style speech and vouching for the economic...

Trump Will Postpone Tariff Decision On Foreign Cars From EU & Japan, Expect Automakers

According to five auto officials, major auto companies in the United States believe that the self-imposed deadline by president Donald Trump for the possibility of imposing tariffs of up to 25 per cent on the import of cars and auto parts from the European Union and Japan over issues related to...

Moody's expects declining sustainability of sovereign borrowers

Global uncertainty and a slowdown in global economic growth will negatively affect the creditworthiness of sovereign borrowers in the coming 2020, Moody's warns. So far, the risks of developed-country governments burdened by high debts have been masked by low interest rates. However, continuation...

Economists Forecast Lingering Of Germany's Economic Pain

Economists had predicted that the largest economy of the European Union and indeed Europe’s economic powerhouse – Germany, would experience a fleeting slowdown but will bounce back strongly soon after. However, it has been a year ha the country’s growth has been stuck in neutral with...