WASHINGTON (Reuters) - The “phase one” U.S.-China trade deal reached on Friday is “totally done” despite the need for translation and it will nearly double U.S. exports to China over the next two years, U.S. Trade Representative Robert Lighthizer said on Sunday. Lighthizer, speaking on CBS’ “Face the Nation” program, said there would be some routine
As Goldman Sachs has pointed out, there are several strange trends in today’s global economy, with one showing central banks (CBs) increasingly injecting money into electronic coins to better feed markets and simplify money exchange processes. Meanwhile, billions of dollars in physical currency and precious metals are literally disappearing, as Zero
SHANGHAI (Reuters) - China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday. The deal, rumors and leaks over which have gyrated world markets for months, reduces
China’s high-tech advantage should have been a “Sputnik” moment for the US, but Washington failed to create its own industrial program, choosing to blame Beijing for all its misfortunes instead, says the Keiser Report. “The Huawei phone… is the Apollo 11 of this decade. It’s defining the technological landscape for a whole country [and] is gonna happen
DRIVERS have been warned how decorating their car for Christmas could invalidate their insurance and cost them thousands of pounds. The potential sting on your wallet depends on how your policy provider defines what counts as a modification on your vehicle. Rudolph antlers look cute but they can mess up your car insurance Some class it as anything
Sky News Reporter Laura Jayes says the Conservative election victory in the United Kingdom's general election is "a turning point" for the country and a "decisive mandate" on Brexit. Ms Jayes said Prime Minister Boris Johnson's victory speech took a "conciliatory tone" as he looked to uniting the country after three years
Russia’s Roscongress Foundation and the Qatar Investment Promotion Agency have inked a document during the Doha Forum that sets up a joint working group for coordination of investment activities and business projects. The agreement was signed on Sunday, when a Russian delegation held a panel session titled ‘Developing the High-Tech Sector in Russia:
DUBAI (Reuters) - Saudi Aramco ( 2222.SE ) shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company’s value back toward the $2 trillion level it topped last week. The state-owned oil company listed 1.5% of its shares at 32 riyals on Riyadh’s Tadawul exchange .TASI on Dec 11 in the world’s largest
M&S has knocked 30 per cent off the price of its Christmas decorations including Frozen 2 baubles. Fans of the hit movie can pick up Elsa, Anna and Olaf baubles from as little as £2.10, so their tree will have a truly Disney feel. Now you can have Olaf on your Christmas tree The individual character decorations were £3 each before being discounted,
TESCO has slashed the price of an LED Santa light projector to help keep the kids entertained this Christmas. The supermarket has reduced the animated light from £25 to £6.25 – a saving of £18.75, or 75 per cent. Santa won’t be able to miss your home with this LED light projector If your kids are worried about Santa missing their home this Christmas
Beijing's envoy to Berlin has warned Germany against siding with the US on Huawei, saying that China will retaliate if the telecom company is excluded from the German market, according to national media and Bloomberg reports. "If Germany were to take a decision that leads to Huawei's exclusion from the German market, there will be consequences," Ambassador
B&M has brought back its popular two toys for £16 deal just in time for Christmas. The deal includes big name brands like Disney, Frozen 2 and Peppa Pig, and it could be a life-saver for mums and dads who still have last minute presents to buy. B&M’s two for £16 toy sale is back – just in time for Christmas The B&M toy sale is usually two toys for
LONDON (Reuters) - Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity. Such hedge funds, often cast as villains of the piece because they bet against share prices, scent a profit from company valuations they believe are unduly
BEIJING/HONG KONG/FRANKFURT (Reuters) - Daimler’s ( DAIGn.DE ) main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters. State-owned Beijing Automobile Group Co Ltd (BAIC), which already owns
DUBAI (Reuters) - Saudi Aramco ( 2222.SE ) shares were up 1% at 37.2 riyals ($9.89) in early trade on Sunday. The state-owned oil company listed 1.5% of its shares at 32 riyals on Riyadh’s Tadawul exchange .TASI on Dec 11 in the world’s largest initial public offering (IPO). Initially valued at $1.7 trillion, the shares have since hit $2 trillion,
A lavish Christmas tree, decorated with diamonds and other precious jewels in the lobby of a luxurious five-star hotel near Marbella, Spain, has been recognized as the most expensive on the planet by the World Record Academy. The Kempinski Hotel Bahia decided to impress its guests with a “the world’s most extravagant” Christmas tree designed by Debbie
DUBAI (Reuters) - Saudi Aramco’s ( 2222.SE ) shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company’s market value slightly below $2 trillion. Aramco’s shares closed at 36.8 riyals on Thursday after hitting earlier in the day the $2 trillion price tag long sought by Saudi Crown
20 corporate and industry super funds face increasing pressure to merge or close after the Australian Prudential Regulation Authority released analysis showing which funds are under performing against benchmarks. Superannuation Minister Jane Hume said there was nowhere to hide for 'dud' super funds. Image: Getty At $2.8 trillion dollars, it ranks as
China has suspended a new tariff hike on US goods ranging from corn and wheat to vehicles and auto parts, which was due to go into effect this weekend. “China hopes, on the basis of equality and mutual respect, to work with the United States, to properly resolve each other's core concerns and promote the stable development of US-China economic and
SHANGHAI (Reuters) - China has suspended the planned additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the two countries agreed a “phase one” trade deal on Friday. The statement was issued on the websites of government departments including China’s