The trade war is “manageable”, Egyptian billionaire and CEO of OCI N.V, Nassef Sawiris, told CNBC on Monday. OCI N.V produces and exports natural gas-based fertilizers and industrial chemicals to customers across agriculture and industry sectors. President Donald Trump has now said he’s ready to hit the remaining $300 billion of Chinese imports with tariffs […] Read more
Ukraine is a potential investment destination in the next stage, according to Mr. Ghais Makhlouf, the Chief Executive and Chairman Of International Balance Group Of Companies. “We are looking at the investment opportunities in the Ukrainian market in the fields of tourism and quality agriculture for some of the products that our group imported to […] Read more
WASHINGTON (Reuters) – President Donald Trump on Friday pressured Mexico to stop people from crossing into the United States, one day after threatening to impose new tariffs on Mexican imports in a bid to get the country to crack down on illegal immigration. Trump said on Thursday he would ratchet up tariffs unless Mexico stopped […] Read more
Boeing Co has made corrections to simulator software that mimics the flying experience of its 737 MAX jets, which were involved in two fatal crashes, and the company has provided additional information to devise operators, a spokesman said on Friday. The spokesman, Gordon Johndroe, said the changes will ensure that the simulator experience is representative […] Read more
The European Commission has announced that a new maximum price will be implemented for all cross-border calls and SMS messages within the EU. Who is affected by the price cap? The price control will apply to telecom operators in all 28 EU countries as of the 15th of May and is also expected to come […] Read more
Honouring European leaders for outstanding achievements in business, politics and innovation, Euronews hosted the second edition of the European Leadership Awards on Monday, 6 May, 2019. Watch the ceremony on the video player above. A joint venture with the European Business Summit (EBS), the ceremony recognised the men and women shaping Europe. The awards took […] Read more
If you ask any Republican member of the U.S. House of Representatives or the U.S. Senate what is the most significant fiscal accomplishment of the Trump presidency, the overwhelming answer would be the Tax Cuts and Jobs Act, or TCJA. When passed in December 2017, the TCJA did not have majority American support. Despite this […] Read more
U.S. producer prices increased by the most in five months in March, but underlying wholesale inflation was tame. The Labor Department said on Thursday its producer price index for final demand rose 0.6 percent last month, lifted by a surge in the cost of gasoline. That was the largest increase since last October and followed […] Read more
Italian-American carmaker Fiat Chrysler Automobiles (FCA) is to pay hundreds of millions of euros to Tesla to have the electric-car manufacturer’s fleet counted as its own in order to avoid hefty fines from the European Union. FCA confirmed to the Financial Times, which first reported the story, that it would pay Tesla hundreds of millions […] Read more
Nissan Motor Co. shareholders decided to remove former boss Carlos Ghosn from the board on Monday, as the former chairman faces several accusations of financial misconduct that landed him in prison. The company’s shareholders held an extraordinary meeting in Tokyo where they also decided to oust Greg Kelly, another director who is also involved in […] Read more
