By Sumeet Chatterjee and Xiaochong Zhang SHANGHAI/HONG KONG (Reuters) – JP Morgan and Nomura have won Chinese regulatory approval to set up majority-owned brokerage joint ventures, in China’s latest move to open its financial sector up to foreign firms. The China Securities Regulatory Commission said on Friday it will continue to approve foreign brokerage joint […] Read more
WASHINGTON (Reuters) – U.S. President Donald Trump called on Thursday for the Organisation of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity. “Very important that OPEC increase the flow of Oil. World Markets are fragile, price of Oil getting too high. Thank you!” Trump wrote in a […] Read more
Structural reforms are policy measures designed to boost an economy’s competitiveness, growth potential and adjustment capacity. In order to ensure an economy is fit and better able to realise its growth potential. Typical structural reforms focus mostly on: – The overall business environment – Labour market – Taxation Each year, the Commission undertakes a detailed […] Read more
A US jury on Tuesday found Bayer AG’s glyphosate-based weed killer to be a “substantial factor” in causing a man’s non-Hodgkin’s lymphoma, allowing the trial to proceed into a second phase on liability and damages. The jury in San Francisco federal court in a unanimous ruling found Roundup, one of the world’s most widely-used weed […] Read more
Good morning, Europe. Today we’re watching: New Zealand cabinet meets: The government meets on Monday following the shootings at two mosques last week that left 50 people dead. The cabinet is set to discuss changes to gun laws. Macron faces renewed pressure: France witnessed scenes of looting and rioting over the weekend in the latest […] Read more
Villagers in Spain have been finding envelopes filled with cash from a mystery benefactor. Locals in Villarramiel — situated 200 kilometres north-east of Madrid — have found the money in their letterboxes, posted under doors and even in a bicycle basket. Fifteen inhabitants have been receiving the envelopes, which have contained amounts ranging from €50 […] Read more
British Prime Minister Theresa May has “secured legally-binding changes to the Brexit deal”, Cabinet Minister David Lidington announced on Monday evening from London, as May met with European Commission President Jean-Claude Juncker in Strasbourg. May made an eleventh-hour dash to Strasbourg, France, on Monday evening to try to get concessions from European Union officials ahead […] Read more
The latest version of Boeing Co’s best-selling 737 family – a global industry workhorse – has again been thrust into the spotlight after a fatal crash in Ethiopia, months after a deadly crash involving an identical brand-new jet in Indonesia. READ: ‘No survivors’ in Ethiopian Airlines crash, CEO confirms READ: Indonesia Lion Air plane crash: […] Read more
WASHINGTON (Reuters) – North Korea has restored part of a rocket test site it began to dismantle after pledging to do so in a first summit with U.S. President Donald Trump last year, while Trump’s national security advisor warned that new sanctions could be introduced if Pyongyang did not scrap its nuclear weapons programme. South […] Read more
The Vietnam summit failed because North Korea wanted all sanctions lifted, said US President Donald Trump during a press conference after a summit with North Korean leader Kim Jong Un in Vietnam. Trump said that the agreement papers were ready to be signed on Wednesday but that the deal on the table just wasn’t “appropriate”. […] Read more
