Media IN 08/05/2018 BEIJING (Reuters) – Chinese Vice Premier Hu Jintao is due to fly to Washington in days to resume talks with the United States and avoid a trade war between the two countries, the White House said. Liu, who is close to President Xi Jinping, who oversees the …
Read More »Look ahead and drop oil ahead of Trump’s speech on Iran’s sanctions
Media IN 08/05/2018 Oil prices fell from a three-and-a-half-year high on Tuesday as investors awaited US President Donald Trump’s announcement on whether the United States would again impose sanctions on Iran that it suspended under Tehran’s nuclear deal with world powers. Oil prices rose for the fourth consecutive day on …
Read More »$ 76 billion of engineering exports from India
MediaIn 7 May 2018 India’s engineering exports reached an all-time high of US $ 76 billion during the period from 2017 to 2011, at a growth rate of nearly 17% year on year, thanks to strong performance of the sector in the previous fiscal year. Engineering exports, which account for …
Read More »Nestlé and Starbucks – a giant deal worth $ 7 billion
Media IN / Agencies 2018-05-07 Nestlé, the giant food giant, said it would pay $ 7.15 billion to buy the rights to sell Starbucks chain products around the world as part of an alliance to bring life to the coffee-related businesses. The deal, on Monday, reinforces Nestlé’s position as Starbucks, …
Read More »Oil is near its highest level since 2014
Media IN 2018-05-07 Oil markets remain stable on Monday as prices approached their highest levels since late 2014, with a decision on whether to withdraw from the nuclear deal with Iran and reinstate sanctions on Tehran. Brent crude futures were $ 74.94 a barrel, up 7 cents, or 0.1 percent, …
Read More »Gold expands its gains with weak dollar
Media IN 2018-05-03 Gold prices continue their gains Wednesday December 2007 (from the US Central Bank) on interest rates, raising interest rates. In the case of a rapprochement between him and him. The statement said inflation was “moving closer” than its target and that “on a 12-month basis it is …
Read More »Apple’s quarterly profit exceeds expectations
Media IN / 2-5-2018 The company’s quarterly results showed Tuesday that revenue and profits exceeded expectations in the quarter ended March, selling 52.2 million iPhones, slightly below Wall Street estimates, and showing some flexibility amid weak global demand for smartphones According to Reuters, the company expected revenue between 51.5 billion …
Read More »Mohammed bin Zayed and the Austrian Chancellor witness the signing of a concession agreement between ADNOC and OMV,
MEDIA IN, Abu Dhabi, April 29, 2018 (WAM) HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Austrian Ambassador to the Republic of Austria, Sebastian Kors, today witnessed the signing ceremony of a concession agreement in the …
Read More »Japan imports 25,997 million barrels of oil from the UAE last March
MEDIA, Tokyo, April 29, 2018 (WAM) Japan imported 25,997 million barrels of crude oil last March from the United Arab Emirates, according to the Energy and Natural Resources Agency of Tokyo. The UAE’s oil imports accounted for 26.1 percent of total oil imports, according to the agency of the Japanese …
Read More »Negotiations to merge the world’s largest retail store with astronomical value
MediaIn – Agencies 29/04/2018 Negotiations between the world’s two largest retail stores, J. Sainsbury and Wal-Mart Asda, have reached an advanced stage to merge into a deal worth 10 billion pounds sterling, equivalent to 13 billion and 829 million dollars. Sky News has revealed negotiations for the merger of the …
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