A formal authorization as given on Monday to the United States by the World Trade Organization (WTO) allowing Washington to impose import tariffs on products imported into the US from the European Union worth up to $7.5 billion. This was granted as a consequence of a ruling by an arbitrator panel...

The first phase of a trade deal with China was outlined by the United States President Donald Trump on Friday which is being seen as the first concrete steps taken by the two sides to bring an end to the trade war between the two countries. Trump also suspended the imposition of a threatened tariff...

An interim order is expected to be imposed by European Union antitrust agency Margrethe Vestager against chipmaker Broadcom later this month with the aim of forcing the tech giant to stop some of its alleged anti-competitive business practices, even before the end of a complete probe into its trade...

China wants to offer the United States a “partial” trade deal and that it would be beneficial for both Beijing and Washington, said a Chinese state newspaper on Friday. It further urged the US to accept the offer that China was making.   Analysts say that this is an attempt by China to bring...

The Federal Reserve factually announced the launch of QE4, although it is still trying to name the operations to increase the balance somehow differently. Fed Chairman Jerome Powell said that the regulator will resume regular open market operations after a five-year hiatus. According to Powell,...

A sharp drop in Uber shares and the abolition of WeWork’s IPO could cost the investment structure of the Japanese SoftBank, the Vision Fund, more than $ 5 billion. The decline in Uber shares and the decision of the world's largest coworking network WeWork to cancel the listing had an impact on...

US imports from China in August fell 12.5% year on year. At the same time, purchases from Mexico - the second largest supplier of goods to the United States - showed the largest growth, according to Bloomberg. China remains the main source of US imports, but its gap with Mexico is narrowing....

Uncertain Brexit scenario cast a shadow on analysts forecast, while the needs for UK’s compliance “with 2019 ETS emissions” will remain unclear in case of further four months Brexit extension. With the no-deal Brexit fear hanging in the air, analysts have slashed down forecast for the carbon...

Rating agency Standard & Poor`s recorded a negative trend in the corporate sector: companies have reduced revenue. At the same time, the debt burden is growing. The agency analysts believe that if this trend continues, this could add to the probability of recession in the United States,...