The US and China seem ready to conclude an armistice in the trade war that has continued since the middle of last year. US President Donald Trump announced that he would delay introduction of new duties on goods from China scheduled for March 1 and hold a meeting with PRC Chairman Xi Jinping. Thus,...

Even though there has been an increment in the trading volume lately, sterling shares remain 30-40% lower. With the Brexit discussions being dragged on, the “the world’s biggest forex trading centre”, sterling’s London “trading volumes” are suffering under the “long-term averages” while the...

Anticipating that the United States president Donald Trump could impose import tariffs on European vehicles, ministers of the block got together to discuss when the EU should initiate talks on trade with the US because they fear that the tariff would be imposed if there is delay in negotiating with...

A much awaited trade agreement is said to be set to be reached between the United States and China according to reports.   According to multiple reports citing sources with knowledge of the matter, an outline of commitments in principle have been started to be etched by China and the US on...

Banks make Brexit provisions, while Barclays manages to ride on the tide of profit gains at its investment banking sector. With the reports of increased “annual income” at Barclay’s investment bank, it replied the “activist shareholder critic”, while sounding a caution note of a “150 million pound”...

The decision of the Japanese car manufacturing company Honda to close down its only manufacturing unit in the United Kingdom in 2021 has dealt a blow of Britain which is already under pressure with the uncertainty surrounding Brexit.   Honda also adds on the list of car makers that have...

HSBC Holdings has warned of impact on business in the current year because of the slowdown of the Chinese economy and in the UK while presenting a disappointing annual profit for 2018 primarily because of higher costs and its trading business being hit by a stocks rout.   The bank wants to...

If there are no specific trade terms between the United Kingdom and the European Union before their divorce next month, there can be less variety, price increase and shortages of fresh food in the country according to officials of the food industry in the country.    Supermarkets are...

Brazil appealed to the European Union for compensation after the EU authorities introduced tariffs on steel imports from major producing countries earlier this month, the Brazilian government said. The government also notified the World Trade Organization (WTO) that it would take countermeasures to...