According to Chris Krueger, managing director at Cowen Washington Research Group, the trilateral talks between the U.S., Mexico and Canada, can have four "endgame scenarios".   And none of the outcomes are very encouraging. The worst case scenario according to Krueger is "blow it up and make...

China is set to relax its norms for Chinese carriers in aviation which will allow such companies to enter into 20 popular long-haul routes to China which are currently operated by foreign airlines. This will increase the competition in those routes.    According to data from Chinese...

China is finding it difficult to carry out trade talks with the United States while the Trump administration places a “a knife to China’s neck”, said a senior Chinese official on Tuesday.   Chinese Vice Commerce Minister Wang Shouwen said at a news conference that the chances of renewal of...

A report by the oil carter Opec predicts that in the next five years, there would be a drastic increase in demand for petroleum – offsetting decrease in demand because of electric vehicles, which would see global crude production reaching record highs.   Significant upward revision of...

The outgoing chief of Denmark’s biggest bank has conceded that most of the funds out of the €200bn that passed through its Estonian branch were money that had been laundered in countries like Russia, the UK and the British Virgin Islands and were being pumped out of those countries.   “It is...

The Chinese consumers have apparently developed a taste for the finer nutritional produce which has been a boon for Chilean avocado growers who are now exceedingly participating the Chinese market.   "We've had very good results," Francisco Contardo, general manager of Chile's Hass Palta...

There would be "substantial costs" for the UK economy if there is a "no-deal" Brexit on World Trade Organization terms, warned the International Monetary Fund.   According to the IMF, costs would have to be paid for all of the possible Bresit scenarios but if there is no deal, the there...

Despite investor concerns over the escalating trade war between the United States and China, all of the three major indicators in the largest economy of the world did well in the week ending Sept. 14 primarily based on some positive data released in that time.   The Dow, the S&P 500 and...

According to a news report in The Wall Street Journal, despite the United States to China call for a start of another round of trade negotiations, the country’s president Donald Trump is getting ready to impose the third round of import tariffs on Chinese goods worth $200 billion.   ...

The European Union passed a controversial change to its copy right law that will see technology companies such as Facebook and Google having to share \a greater portion of the revenues with music companies, film-makers and media publishers which to by many could run into billions of euros.  ...

A group of experts predict that by 2023, there can be a peaking in the demand for fossil fuels globally which will result in a direct impact on the financial markets as there would potentially be no use of oil, coal and gas assets that would be worth trillions of dollars.   According to...