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China's FedEx probe should not be seen as retaliation - Xinhua
China's investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the U.S. company, state news agency Xinhua said on Sunday, amid worsening relations between China and the United States.
Posted on : 2019-06-16 15:30:05
U.S. Navy official sees more orders for Boeing P-8A in coming months
The U.S. Navy expects additional U.S. and international orders for the Boeing P-8A Poseidon maritime patrol aircraft in coming months, which should extend production by two years to late 2025, a senior U.S. Navy official told Reuters.
Posted on : 2019-06-16 15:28:42
ECB should show flexibility on inflation target - Nowotny
The European Central Bank could set itself a more flexible inflation target given how difficult it has been to boost prices, ECB policymaker Ewald Nowotny said in remarks published on Sunday.
Posted on : 2019-06-16 14:43:21
China prepared for long trade fight with the U.S. - party journal
The United States has underestimated the Chinese people's will to fight a trade war and Beijing is prepared for a long economic battle, an influential Chinese Communist Party journal said on Sunday.
Posted on : 2019-06-16 13:35:32
Saudi Energy Minister hopes OPEC agrees to extend production cut "early July"
Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to cut oil output.
Posted on : 2019-06-16 11:27:21
ECB will act if inflation expectations are de-anchored: de Guindos
Longer-term inflation expectations in the euro zone need to come unstuck for the European Central Bank to provide more stimulus, ECB Vice President Luis de Guindos was quoted on Saturday as saying.
Posted on : 2019-06-16 10:48:34
Saudi crown prince says to finalise $533 million privatisation deals this year: Asharq al-Awsat
Saudi Arabia's crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.
Posted on : 2019-06-16 09:22:33
India to impose retaliatory tariffs on 28 U.S. goods from Sunday
India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi.
Posted on : 2019-06-15 23:35:36
India aims to provide clean water to all rural houses by 2024
Indian Prime Minister Narendra Modi said on Saturday that piped water will reach all homes in the countryside by 2024, setting a tough target at a time when hundreds of millions don't have access to clean water.
Posted on : 2019-06-15 22:58:30
India to impose retaliatory tariff on 28 U.S. goods from Sunday: government statement
India will impose higher tariffs on 28 U.S. products including almonds, apples and walnuts, a government notification said (http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2019/cs-tarr2019/cs17-2019.pdf;jsessionid=05BB93EF9871E631DCA5475F5330BC4E).
Posted on : 2019-06-15 21:57:01
Saudi seeks oil supply protection as U.S and Iran face off
Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers in a vital oil shipping route that have raised fears of broader confrontation in the region.
Posted on : 2019-06-15 21:21:55
Pakistan says to get $3.4 billion in budgetary aid from ADB
Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the government seeks help to overcome a ballooning balance of payments crisis.
Posted on : 2019-06-15 21:14:05
Estonia questioned 3 Aripank staff in new money laundering probe
Estonian police said they held three employees of local bank Tallinna Aripank for questioning this week for 48 hours as part of an investigation into suspected money laundering and bribery.
Posted on : 2019-06-15 20:18:08
IMF proposes improvements to EU plan to develop capital market
The International Monetary Fund has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a capital market system to rival the United States, a senior IMF official said.
Posted on : 2019-06-15 20:07:11
G20 energy ministers to collaborate to keep market stability
Energy ministers from the Group of 20 major economies have shared concerns over attacks on tankers in the Gulf and will collaborate to maintain stability in the oil market, Japan's Industry Minister Hiroshige Seko said on Saturday.
Posted on : 2019-06-15 19:28:52
India's flat May fuel demand points to sluggish economy
India's fuel demand in May was unchanged from a year earlier, preliminary government data showed on Saturday, indicating a continued slowdown in various sectors including industrial output.
Posted on : 2019-06-15 15:40:47
Chinese state media urges retribution after UBS economist's 'insult'
Those who insult Chinese people should pay the price in order to deter would-be offenders from following suit, Chinese state media said in a sharply worded commentary, after remarks by a UBS economist about pigs sparked an outcry in China.
Posted on : 2019-06-15 13:22:25
Nissan considers giving Renault some seats on oversight committees: source
Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said.
Posted on : 2019-06-15 12:38:44
Court grants American Airlines' request to end "devastating" slowdown by unions
A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations.
Posted on : 2019-06-15 09:51:57
Saudi energy minister says hopes to balance oil market before next year
Saudi Energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the oil market before next year.
Posted on : 2019-06-15 09:51:17
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