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Home2019May

Month: May 2019

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Business News

Former Orange bosses stand trial over workers’ suicides

May 6, 2019 admin Comments Off on Former Orange bosses stand trial over workers’ suicides

Former bosses at leading French telecoms group Orange were due to go on trial on Monday over a series of suicides at the company in the late 2000s – a traumatic episode that shocked the nation and raised questions over corporate culture.

…read more […]

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Business News

Volkswagen teams up with China’s NIU to make e-scooters: Die Welt

May 6, 2019 admin Comments Off on Volkswagen teams up with China’s NIU to make e-scooters: Die Welt

German carmaker Volkswagen will join forces with China’s NIU to produce battery-powered kick scooters, German newspaper Die Welt reported on Monday without giving sources.

…read more […]

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Business News

China trade team still preparing to go for talks after Trump cranks up pressure

May 6, 2019 admin Comments Off on China trade team still preparing to go for talks after Trump cranks up pressure

China said on Monday that a delegation is still preparing to go to the United States for trade talks, after U.S. President Donald Trump dramatically increased pressure on Beijing to reach a deal, saying he would hike tariffs on Chinese goods this week.

…read more […]

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Business News

Explainer: Counting the cost of the U.S.-China trade war so far

May 6, 2019 admin Comments Off on Explainer: Counting the cost of the U.S.-China trade war so far

U.S. President Donald Trump’s fresh threats of tariff hikes on Chinese imports this week marked a new escalation in the trade dispute between the world’s top two economies and a reversal of months of apparent progress in negotiations.

…read more […]

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Business News

Global stocks reel as Trump tweets on China unnerve markets

May 6, 2019 admin Comments Off on Global stocks reel as Trump tweets on China unnerve markets

European stocks tumbled to a one-month low and German bond yields slipped back into negative territory on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets.

…read more […]

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Business News

China says trade delegation is preparing to go to the U.S.

May 6, 2019 admin Comments Off on China says trade delegation is preparing to go to the U.S.

China’s foreign ministry said on Monday a Chinese delegation is preparing to go to United States for trade talks, after U.S. President Donald Trump said he would raise tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.

…read more […]

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Business News

IKEA to invest 400 million euros in French city center stores over three years

May 6, 2019 admin Comments Off on IKEA to invest 400 million euros in French city center stores over three years

IKEA plans to invest 400 million euros ($448 million)in France over the next three years as it builds up its new city center stores in the country, IKEA France’s chief executive Walter Kadnar said on Monday.

…read more […]

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Business News

Global shares, oil drop after Trump tariff threat

May 6, 2019 admin Comments Off on Global shares, oil drop after Trump tariff threat

Global financial markets reeled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week.

…read more […]

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Business News

Trump ratchets up pressure on China, threatens tariff hikes

May 6, 2019 admin Comments Off on Trump ratchets up pressure on China, threatens tariff hikes

President Donald Trump dramatically increased pressure on China on Sunday to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.

…read more […]

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Business News

China Vice Premier Liu may still travel to U.S. this week: SCMP

May 6, 2019 admin Comments Off on China Vice Premier Liu may still travel to U.S. this week: SCMP

China Vice Premier Liu He could still travel to the United States for trade negotiations but shorten his trip or cancel it altogether, South China Morning Post reported on Monday, citing an unnamed source briefed on the latest plans.

…read more […]

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Business News

China Vice Premier Liu will still travel to U.S. this week – SCMP

May 6, 2019 admin Comments Off on China Vice Premier Liu will still travel to U.S. this week – SCMP

China Vice Premier Liu He will still travel to the United States this week for trade talks but shorten his trip, South China Morning Post reported on Monday citing an unnamed source briefed on the latest plans.

…read more […]

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Business News

Global shares, oil plunge after Trump vows China tariff hike

May 6, 2019 admin Comments Off on Global shares, oil plunge after Trump vows China tariff hike

Global financial markets reeled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week.

…read more […]

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Business News

China considers canceling trade talks with U.S. after Trump vows new tariff hike: WSJ

May 6, 2019 admin Comments Off on China considers canceling trade talks with U.S. after Trump vows new tariff hike: WSJ

China is considering canceling trade talks with the United States this week after U.S. President Donald Trump vowed to hike tariffs on China, the Wall street Journal reported on Sunday citing a source.

…read more […]

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Business News

Global shares, oil slump after Trump vows China tariff hike

May 6, 2019 admin Comments Off on Global shares, oil slump after Trump vows China tariff hike

Global financial markets tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week.

…read more […]

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Business News

Mitsubishi plans $1.4 billion rescue for plant engineering firm Chiyoda: Nikkei

May 6, 2019 admin Comments Off on Mitsubishi plans $1.4 billion rescue for plant engineering firm Chiyoda: Nikkei

Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday.

…read more […]

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