Global stocks slip as new U.S.-China tariffs sour global outlook
Global stocks dipped on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
Russian court orders seizure of stake in bank in dispute with Baring Vostok
A court in Russia’s Far East ordered the seizure of a stake in Vostochny Bank [VOSEK.UL] held by private equity group Baring Vostok at Vostochny Bank’s own request, court documents published on Monday showed.
Bankers’ exits and zombie accounts: China’s Shanghai free trade zone sputters
When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new zones in July, officials touted the efforts to attract foreign investment and deepen trade ties with neighboring countries.
VW retains access to U.S. public sector contracts, gets second monitor at HQ: Handelsblatt
Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German headquarters, business daily Handelsblatt reported on Monday.
Sanctions choke Iran’s crude sales, but oil product exports booming
While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
VW retains access to U.S. public sector in, gets second monitor at HQ: Handelsblatt
Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German headquarters, business daily Handelsblatt reported on Monday.
Wirecard signs cooperation agreement with SoftBank’s Brightstar
Wirecard has signed a memorandum of understanding with SoftBank’s Brightstar and anticipates “significant transaction volume” out of the deal, the German fintech announced on Monday.
Stocks slip as new U.S.-China tariffs add to growth risks
Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
Stocks shiver as new U.S.-China tariffs add to global gloom
Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth.
Banker exits, zombie accounts: China’s Shanghai free trade zone sputters
When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new FTZs in July, officials touted the efforts to attract foreign investment and deepen trade ties with neighboring countries.
