Asia Tonight: Business news in brief June 24
Business Briefs on Asia Tonight, June 24: – Indonesia’s Tokopedia has reportedly secured around $500 million from Singapore’s Temasek – Ride-hailing firm … source
Brazil reports 904 new coronavirus deaths in 24 hours: health ministry
Brothers Carlos Alexandre and Wagner Cardninot, attend the burial of their father, 76- year-old Jose Herminio de Farias, who died from the coronavirus disease (COVID-19) at the Sao Francisco Xavier…
WTO gives somber goods trade outlook, sees virus threat
A traffic light is turned red in front of the WTO headquarters in Geneva, Switzerland, December 10, 2019. REUTERS/Denis Balibouse BRUSSELS (Reuters) – Growth of global trade in goods is…
Spain’s Sanchez says he will defend food sector against ‘unacceptable’ U.S. tariffs
FILE PHOTO: Spain’s acting Prime Minister Pedro Sanchez looks on during a news conference at the Moncloa Palace after a meeting with King Felipe in Madrid, Spain, September 17, 2019.…
U.S. importers stockpile Parmigiano, Provolone as tariffs on EU cheeses loom
By Andrea Shalal and Aleksandra Michalska Parmesan cheese is seen packaged in the warehouse at Ambriola Co Inc, a unit of Gennaro Auricchio SpA, one of Italy’s largest cheese producers,…
Trump’s China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
UNITED NATIONS (Reuters) – U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a…
EU open to talks with U.S. in aircraft subsidies dispute
BRUSSELS/WASHINGTON (Reuters) – The European Union said on Tuesday it was open to talks with Washington in a dispute over aircraft subsidies after the United States threatened an additional $4…
G20 heads struggle to narrow differences beyond their concern on global growth
OSAKA (Reuters) – Many leaders of the world’s top 20 economies on Friday voiced concern over trade tensions and the risk they pose to global growth, but were at loggerheads…
Explainer: How U.S.-China talks differ from any other trade negotiations
WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan on Saturday that could salvage faltering trade talks or plunge…
Trump prepares for ‘productive’ talks with Xi on trade war
OSAKA (Reuters) – U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on…