Britain to United States: We want a trade deal and a digital tax
Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday.
Oil skids as specter of China virus looms over fuel demand, economy
Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.
Siemens CEO Kaeser asks Trump for equal treatment in Mideast
Siemens Chief Executive Joe Kaeser said he was seeing a more positive mood among the German engineering company’s clients at the start of the year, he told CNBC on Thursday.
Explainer: Global airlines on high alert as virus outbreak spreads
Airlines and passengers are on guard against a new flu-like virus that originated in Wuhan, China.
Chinese listed companies ramp up virus efforts after president’s call
A number of Chinese listed companies – ranging from biotech firms, drugmakers, mask producers and thermometer manufacturers – announced efforts in response to a national call to fight the outbreak of the Wuhan coronavirus.
Steep losses in China stocks hit Asia, oil tumbles as virus fears grow
Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.
Exclusive: Malaysia to buy more Indian sugar to resolve palm oil spat – sources
Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.
Yen up, yuan down over China virus fears; Aussie jumps on jobs data
The safe-haven Japanese yen firmed and the Chinese yuan weakened on Thursday, as traders kept a wary eye on the spread of a virus in China, while the battered Australian dollar jumped after a surprise drop in unemployment.
Oil slump deepens as China virus casts cloud over fuel demand, economy
Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.
After China trade deal, Europe and UK next on Trump’s to-do list
U.S. President Donald Trump vowed to rip up international trade deals and rebalance America’s global trade relationships.
