• DISNEY'S $71.3BLN BID FOR FOX

    By CNC Added On 2018-06-22 01:02

    In a bidding war over 21st Century Fox, Disney has increased its offer to 71.3 billion U.S. dollars in cash and shares.The latest bid from Disney takes it ahead of its main competitor, Comcast.

  • SURVEY: CHINESE FDI TO US DECLINES 30%

    By CNC Added On 2018-06-22 01:05

    According to an annual business survey, foreign direct investment (FDI) from China to the United States declined 30 percent in 2017.

  • EU TO CHARGE RETALIATORY TARIFFS ON US PRODUCTS

    By CNC Added On 2018-06-22 00:51

    The European Commission has announced that the European Union's retaliatory tariffs on a list of products in response to U.S. tariffs on steel and aluminium will come into effect on Friday.

  • TRUMP'S TRADE POLICY BIZ ASSOCIATIONS URGE CONGRESSIONAL OVERSIGHT

    By CNC Added On 2018-06-22 01:11

    A group of almost 60 U.S. business associations have urged Congress to exert greater oversight of President Donald Trump's use of tariffs and other trade policy measures.PKG

  • US FED CHAIRMAN ON RATE HIKES

    By CNC Added On 2018-06-22 01:03

    Jerome Powell, chairman of the U.S. Federal Reserve, spoke of "continued gradual increases" in U.S. interest rates at a conference in Portugal on Wednesday.

  • APPLE FINED FOR MISLEADING CUSTOMERS

    By CNC Added On 2018-06-21 00:50

    An Australian court has fined Apple around 6.5 million U.S. dollars for refusing to fix iPhones and iPads that had been serviced by third parties.

  • EGYPT TO RECEIVE 2 BLN USD IMF PAYMENT

    By CNC Added On 2018-06-21 00:42

    Egypt's Finance Minister has announced that Egypt will receive 2 billion dollars by the end of July 2018.

  • DELOITTE'S REPORT ON IPOS IN CHINA

    By CNC Added On 2018-06-21 01:17

    A new report shows it has been a strong start to the year for initial public offerings in China. More than 60 top firms will have gone public on the Chinese Mainland by the end of June. Raising around 93 billion yuan - or over 14 billion US dollars.

  • VOXPOP: US TARIFFS ON CHINESE GOODS

    By CNC Added On 2018-06-21 01:09

    This week, U.S. President Donald Trump threatened an additional 10-percent tariff on 200 billion dollars worth of Chinese imports.

  • GE TO DROP OUT OF DOW JONES INDEX

    By CNC Added On 2018-06-21 00:52

    Embattled U.S. conglomerate General Electric is dropping off the Dow Jones index for the first time since 1907.

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