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Trade talks with China are Going Fine, says US President Trump

Trade talks with China are Going Fine, says US President Trump

On Wednesday, the US President Donald Trump said that the trade talks with China are going pretty well and predicts that there could be a productive deal or no deal to take place between the…

USA
Trump Delays US Tariff Hikes on Chinese Goods Owing to Recent “Productive” Trade Talks

Trump Delays US Tariff Hikes on Chinese Goods Owing to Recent “Productive” Trade Talks

US President Donald Trump recently announced that he has delayed an increase in US tariffs on Chinese goods in light of the recent “productive” trade talks between the US and the Chinese delegation. A clear…

USA
US Starts Probe on Selling of Steel Imports Below Fair Price

US Starts Probe on Selling of Steel Imports Below Fair Price

The US Commerce Department said on Tuesday that it is set to open a probe on anti-dumping to find out if fabricated structural steel imported from Mexico, China and Canada is being sold below fair…

USA
Powell Comments: Asia Shares Rise, Dollar on a Three-Week Low

Powell Comments: Asia Shares Rise, Dollar on a Three-Week Low

The Asian shares on Wednesday reached a five-month high, and the dollar reached a three-week low in a reversal of fortunes after Jerome Powell the Federal Reserve Chairman said that the central bank would shift…

USA
US Economy has ‘Sharply Decelerated,’ but These Stocks can Still Do Well: Goldman Sachs

US Economy has ‘Sharply Decelerated,’ but These Stocks can Still Do Well: Goldman Sachs

According to Goldman Sachs, in the current phase of a slowing economy, companies with low operating leverage should outperform. So, such companies will tend to have higher costs associated with more sales, but they have…

USA
Britain’s Biggest Supermarket Merger Runs into a Wall

Britain’s Biggest Supermarket Merger Runs into a Wall

When United Kingdom’s largest supermarket chain Sainsbury’s and ASDA reached an agreement last April regarding a merge, there was a widespread belief that the last hurdle for the deal was a clean chit from the…

USA
Citi Escape US Bank Regulator Fine for Discriminatory Lending Practices

Citi Escape US Bank Regulator Fine for Discriminatory Lending Practices

A leading United States banking regulator has decided against fining Citigroup for discriminatory lending practices against mortgage borrowers from minority communities. People close to the developments told Reuters, the regulator has dropped the possibility of…

USA
Chinese Eminent University Criticizes the irrational trade war and US uncertainty over Huawei

Chinese Eminent University Criticizes the irrational trade war and US uncertainty over Huawei

Since the high-level authorities are trying to lash out a deal in order to stop the trade war between the United States and China, one of the leading government academic of China has anticipated that…

USA
Great-West Lifeco sells its US insurance business to Protective Life Corp

Great-West Lifeco sells its US insurance business to Protective Life Corp

The Canadian insurance giant Great-West Lifeco Inc. has decided to sell its US focused, Great-West Life and Annuity Insurance unit (GWL&A), via reinsurance, to Protective Life Corp, a subsidiary unit of Daichi Life Holdings, for…