China prepared to allow access of more foreign companies
The second largest economy of the world, China has been planning to replace a notable industrial policy with a new program, which would allow enhanced access for foreign companies
Economy
Germany to assist Commerzbank and double-dealing Deutsche bank merger
According to Bloomberg, Germany is set to assist potential merge between the suborned Deutsche bank and the Commerzbank, as a cascade of high-level talks had been taking place
China "back in market" for US Soybeans: US president
A corpulent cloud over the US-China trade relationship appeared to be easing, as China had taken the initiatives by reducing the US auto tariffs to 15%, and they had also been in talk with Washington of US Soybeans
Trump Calls the Fed foolish, as another hawkish rate is due next week
On Tuesday, December 11th, the US president Donald Trump had told that it would be a “foolish mistake”, if the Federal Reserve raise interest rate next week, continuing to criticize the FED’s monetary policy.
Fed likely to delay or ditch rate hike on White House Pressure
The US Federal Reserve’s plan of continuing its hawkish interest rate had met with severe scrutiny including a few criticisms from US President Donald Trump and White House officials
Trade Truce & Huawei CFO's Arrest are different: White House Trade Adviser
On Friday, December 10th, the White House trade adviser, Peter Navarro, told that the US China trade truce alongside upcoming trade talks and Huawei CFO arrest were completely different issues
China’s Export-Import growth swung back on November, points a weaker demand
In the face of a tariff-tired whickering economy, the China had experience far weaker than anticipated November imports and exports, indicating a sluggish global growth and domestic demand.
Louvre & Eiffel Tower shut down amid violent protest against oozing oil tax
The fourth weekend of violent protests in France over the oil tax hike, had prompted the authorities to close national landmarks like the Eiffel Tower and Louvre on December 8th, Saturday.
No Improvement on Trump’s Act on Carbon Taxing: 2018 Nobel Economics Winner
A Nobel Prize Winner in Economics, William Nordhaus, had advocated that, the carbon taxes might have been the best wat to address the greenhouse gases.
FED policymakers backed a hawkish interest rate in near-term
On December 7th, Friday, the Federal Reserve Policymakers were quoted backing the interest rate hikes in the near-term, yet, in long-term outlook, they signaled a “less certain” move.
US trade deficit jumps to 10-years high, job growth gagged
US economic data released on Thursday, December 6th, revealed that the US trade deficit had been jumped to a ten-year high in October, as the imports of consumer goods rose to a record high, and the export of soybean dropped further.
Tariff effects spread across US, wage growth sparkled: Fed Reserve
Tariff driven price increase has been intensified throughout the US economy, however, a balanced inflation has been raising at a moderate pace on most part of the country
Tech Giants Again in Spotlight, as EU Lawmakers Urged Strong Action Against
Google, Apple and Amazon, alongside other tech giants will be facing one of their biggest challenges this week, as a EU lawmaking committee has been prepared to take a tough stance against the tech giants,
Mercedes Benz Seeks to Hire 600 Contracts in Brazil, as Economy Recovers
Mercedes Benz’s Brazil operation will be hiring 600 contractors in 2019 on year-long contracts for working on commercial vehicles and they would be adding a workforce of 10,000 as the company has quoted on Tuesday.
Saudi Crown Prince meets Putin on oil market rebalancing
On the sidelines of G20 Summit, Argentina, on Saturday, the Russian President Vladimir Putin and Saudi Crown Prince Mohammed Bin Salman met and discussed about several areas of cooperation including a rebalancing of world oil market
Trump-Putin briefly met in G20 summit ahead of OPEC event in December
Kremlin Aide Yuri Ushakov mentioned, the Russian President Vladimir Putin and US President Donald Trump had a brief meeting on the sidelines of G20 summit on Friday, despite Trump’s calling off of a Putin meeting over Ukraine issue
Oil woes again, losses limited by OPEC output cut
On Friday, the oil price inched lower, amidst concern of oversupply, alongside, a strong American Dollar. However, unexpectedly, the loss was limited somehow, presumably, over the hopes of OPEC output cut, as an OPEC meeting is due in December 6th-7th.
US economy growth on tract to hit Trump’s 3% yearly target
The US economy had been sluggish in the third quarter, however the pace was strong enough to keep the growth on tract to hit Trump administration’s 3% yearly target, despite slightly moderate growth momentum in the fourth quarter
US consumer spending rose strongly: Inflation moderators
The US consumer spending has increased strongly, yet the underlying price pressures remained sluggish. However, the consumer spending posted an annual increase.
FED stalls December rate hike, US stocks surge
The Federal Reserve Chairman Jerome Power, simply boosted the US stock market on Wednesday, when he mentioned that the policy rate is now “just below” the estimated level of central bank.
Ford reshuffling US plants to support Truck and SUV production
On Wednesday, the Ford Motor Co. mentioned that they would be reshuffling their workers at several plants for meeting the rising demands of large SUVs and pickup tracks
France weighing financial impact of clashes over oil tax upsurge
France has been experienced a grievous clash over fuel tax upsurge, as it resulted deaths of two rebels and unexpectedly, the country suffered a hefty financial loss.
Rosneft CEO to meet Venezuelan President on delayed "Oil-for-Loan" shipment
Igor Sechin, the head of Russian Oil Company, Rosneft, flew to meet Nicolas Maduro, Venezuelan President, this week, over the delayed oil shipment designed for repaying loans, as two sources ensured on a conversation on Saturday.
Italy’s leader won’t shift from its debt swallowing budget
Italy’s leader had said on Saturday that the government would not be budging on its debt swelling budget, as he headed for Brussels for an urgent EU summit, due on November 25th.
Black Friday online sales zipped a record-setting, settled at $6.22 billion
During the Black Friday this year, the online sales zipped a record-setting settled at $6.22 billion, as more shoppers are still purchasing everything from electronics to toys.
Page 1 / 4 Next »