Saturday, April 20, 2019
Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect from April 1. Price tags for products listed on Apple’s China website...
At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders. The...
European Union leaders sat down last week for what was supposed to be a summit meeting to discuss China, perhaps the biggest external economic and diplomatic challenge currently facing the EU. Instead, they ended up talking about Brexit, again. That UK...
As Sweden gets to grips with the money laundering scandal battering its oldest bank, questions are being asked about the impartiality of those overseeing the case. Swedbank AB reportedly handled more than $ 10 billion in suspicious flows tied to the...
Huawei's founder is striking a defiant tone in the face of American attempts to curb the Chinese tech giant's international reach and prosecute his daughter. "There's no way the US can crush us," Ren Zhengfei said in an interview with...
There is ample spare capacity in other oil producers and strategic reserves to compensate for a loss of Venezuela's crude exports, helping explain the tepid reaction of global oil prices to U.S. sanctions announced a week ago. Venezuela exports around...
The U.K. economy buckled under the strain of Brexit uncertainty in the fourth quarter. Gross domestic product increased a smaller-than-forecast 0.2 percent, compared with 0.6 percent in the third quarter. December alone saw the economy shrink by 0.4 percent, the...
Crypto fever has truly broken. That was a big takeaway this week from the Paris Fintech Forum, one of the biggest annual gatherings of its kind in Europe. On Tuesday and Wednesday, about 3,000 entrepreneurs, investors, bankers, and regulators descended...
Supermarket shoppers in France will have to dig deeper from Friday when the price of hundreds of high-profile branded products goes up. France’s agriculture minister, Didier Guillaume, says it is part of a bid to rebalance how supermarkets make their...
New car sales fell by nearly 7% last year in the biggest annual drop since 2008, according to industry figures. A slump in demand for diesel, stricter emissions rules, and falling consumer confidence ahead of Brexit were blamed for the...

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