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Tech Companies Back in Demand on Volatile Wall Street
Tech companies were among the big winners on Thursday on an otherwise volatile Wall Street.
Some of the investors have been reassured by the Federal Reserve's interest rate decision that there will be no interest rate hike for the…
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Britons Also Reach Compromise in Aircraft Dispute With US
The United Kingdom, following the lead of the European Union, has also reached a compromise over the protracted conflict over subsidies to both sides for aircraft manufacturers Boeing and Airbus.
Earlier, the EU and the United…
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China’s Economic Recovery Seems to be Slowing Down
The economic recovery from the corona crisis in China seems to be slowing down. The Chinese government released disappointing figures on industrial production, retail sales and business investment in the world's second-largest economy.…
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Billion Nooses Threaten for Unilever in Brazil
Food group Unilever may have to pay billions in Brazil. The country's tax authorities claim a total of 2.9 billion euros. Much of that would be due to alleged tax evasion in the country in a 2001 restructuring.
In addition, there…
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Macron Offers Johnson Reset of French British Relationship
French President Emmanuel Macron has reportedly offered British Prime Minister Boris Johnson to restore relations with Britain if Johnson sticks to the Brexit deals made with the European Union.
"The president told Boris Johnson…
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Stock Markets in New York Entered the Weekend With Small Gains on Friday
Stock markets in New York entered the weekend with small gains on Friday. The broad S&P 500 closed on a new record. Among other things, attention was focused on large tech companies.
Members of the US House of Representatives want to…
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China and the US Want to Improve Trade Relations
China and the United States want to improve their trade relations. The two countries agreed in the first telephone calls between trade ministers since Joe Biden took office, the Chinese government said in a statement.
China and the…
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US Government Seeks Source of Leaked Tax Data Bezos, Musk and Co.
Leaked tax data shows that the 25 wealthiest Americans pay very little, and sometimes no, income tax. That wrote the American research website ProPublica Tuesday.
The IRS now wants to investigate how that explosive data from…
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