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Category: Trade

Output Could be Disrupted if Brexit is Delayed, Says BMW

The car industry in the United Kingdom is one of the biggest employers in the country and produces millions of cars every year; however, Brexit has proven to be an incredibly disruptive development for the industry. While a no deal Brexit is going to have a catastrophic effect on the industry, any delay in exiting […]

Opposition in Romania Calls for Huawei Ban

One of the biggest stories over the past few months has been the allegations and lawsuits from the United States regarding Chinese telecom equipment and smartphone manufacturing giant Huawei. Perhaps the biggest allegation against Huawei is that its telecom equipment is compromised and is used for spying on nations by the Chinese government. Additionally, the […]

MCSI Increases Chinese Shares Weight In Indexes: Asia Shares Up

The China equity market headline indices rose on Friday as there was confirmation that the MCSI will increase the weight of the Chinese stocks in its global benchmark. The benchmark Shanghai Composite Index rose by 0.23% to 2,947.74. The blue-chip CSI300 index increased by 0.6% to 3,690.89, the Shenzhen Composite Index fell by 0.1% to […]

GE Plans to Sell Biopharma Business to Danaher for $21 Billion

General Electric recently announced that the company is planning to sell its biopharma business to Danaher for $21 billion. Following the announcement, GE share price soared by 15% to $11.77 per unit. The giant industrial company stated that it had reached an agreement to sell its business to the Washington based firm, for a total […]

Germany’s Trade Surplus Exceeds Japan and Russia’s in 2018

As per a report, the foreign trade surplus of Germany extended a year ago, another report found, surpassing that of Japan, as disturbances in the global trade of merchandise and enterprises influenced the two economies in various ways. Germany’s strong execution and tight spending arrangements, combined with narrowing GDP development, are presently fuelling desires for […]

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