Turkish Minister Travels to Europe for Foreign Investment
Turkish Finance Minister Mehmet Simsek is going to Europe to talk to international investors about more foreign investments in Turkey.…
Ukraine Goes to WTO Over Agricultural Conflict With EU Countries
Ukraine is taking legal action against three EU member states that continue restricting imports of Ukrainian agricultural products. This concerns…
TikTok is Fined 345 Million for Lax Protection of Children
TikTok has been fined 345 million euros because the video app has done too little to protect children’s privacy. The…
China Takes New Measure to Support Economy
The Chinese central bank has announced a new measure to boost the country’s ailing economic recovery. This time, the amount…
IEA Warns of Oil Shortage Due to Oil Cartel Restrictions
Reduced oil deliveries from countries such as Saudi Arabia and Russia will create a “significant supply shortage” from October through…
CEO Renault: Car Manufacturers Must Avoid a Price War
Automakers must avoid a price war for electric vehicles. That said, Renault CEO Luca de Meo, in an interview with…
US Trade Minister Points to the Importance of Predictable Rules in China
US companies need more predictable regulation in China. That’s what US Secretary of Commerce Gina Raimondo said at the end…
Shaky Chinese Real Estate Group Evergrande Cuts Losses
The Chinese real estate group Evergrande says it has booked higher turnover and a minor loss in the year’s first…
Relief Dominates New York Stock Exchanges After Powell’s Speech
The stock exchanges in New York ended with gains on Friday. Investors reacted with relief to the long-awaited speech by…
Foot Locker Fell Sharply on the Stock Exchanges in New York
Foot Locker fell sharply on the stock exchanges in New York on Wednesday. The American sports shoe chain saw sales…