Loading...
The Financial Express

Search results for: Global

Erdogan says will discuss buying US Patriot missiles with Trump

Erdogan says will discuss buying US Patriot missiles with Trump

-- 2019-09-14 10:46:09

Turkish President Tayyip Erdogan said he will discuss buying US Patriot missiles with President Donald Trump this month, saying his personal bond with the US leader could overcome a crisis caused by A...

US, China tariffs could lower global GDP in 2020: IMF

US, China tariffs could lower global GDP in 2020: IMF

-- 2019-09-13 21:53:51

Tariffs imposed or threatened by the United States and China could shave 0.8 per cent off global economic output in 2020 and trigger more losses in future years, the International Monetary Fund said o...

German economy not heading for  pronounced recession: Ministry

German economy not heading for pronounced recession: Ministry

-- 2019-09-13 21:15:08

Europe's largest economy is not facing a bigger downturn or a pronounced recession after contracting slightly in the second quarter but there are no signs of a turnaround yet either, the German Econom...

ECB cuts deposit rate and restarts asset purchase programme

ECB cuts deposit rate and restarts asset purchase programme

Xinhua 2019-09-13 17:11:02

The European Central Bank (ECB) on Thursday announced its key policy decisions to cut the deposit rate by 10 basis points to minus 0.50 per cent and to restart net purchases under its asset purchase p...

Japan Aug exports seen in sharpest fall in three years

Japan Aug exports seen in sharpest fall in three years

-- 2019-09-13 11:44:09

Japan’s exports likely contracted at the fastest pace in more than three years in August, a Reuters poll showed on Friday. Adding to the challenges policymakers face, Japan’s core consume...

Climate crisis could see collapse of some economies: UN

Climate crisis could see collapse of some economies: UN

-- 2019-09-12 12:20:53

United Nation’s trade chief has said climate change poses an “existential threat to commodity-dependent developing countries” and highlighted the need to diversify economies and expo...

Hong Kong Exchanges bids $39b to take over London Stock Exchange

Hong Kong Exchanges bids $39b to take over London Stock Exchange

-- 2019-09-11 18:06:47

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover bid for the London Stock Exchange, an offer contingent on the LSE ditching its acquisition of data company Refinitiv, repo...

Trudeau kicks off tough re-election campaign

Trudeau kicks off tough re-election campaign

-- 2019-09-11 12:15:46

Canadian Prime Minister Justin Trudeau, admired abroad for his progressive policies but damaged by scandals at home, kicks off a six-week re-election campaign on Wednesday with opinion polls suggestin...

Trump fires national security adviser John Bolton

Trump fires national security adviser John Bolton

-- 2019-09-11 10:45:07

US President Donald Trump abruptly fired his national security adviser John Bolton amid disagreements with his hard-line aide over how to handle foreign policy challenges such as North Korea, Iran, Af...

WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

-- 2019-09-10 20:29:01

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key gr...

Ford makes big electric push in Europe with new launches

Ford makes big electric push in Europe with new launches

-- 2019-09-10 19:45:39

Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022,...

White House adviser urges patience in US-China trade talks

White House adviser urges patience in US-China trade talks

-- 2019-09-10 19:07:38

White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key US-China trade negotiations planned for next month between top officials in Washingt...

Bengaluru Goldman official swindled 380 million to pay off poker debt

Bengaluru Goldman official swindled 380 million to pay off poker debt

-- 2019-09-10 18:41:39

A senior executive of global investment firm Goldman Sachs was arrested in Bengaluru on Tuesday for allegedly swindling the firm of Rs. 380 million to overcome financial losses while playing an online...

RBI external benchmark for bank loans credit negative: Moody’s

RBI external benchmark for bank loans credit negative: Moody’s

-- 2019-09-10 17:19:24

Moody’s Investor Service on Tuesday said the RBI’s mandate on aligning commercial bank floating loan rates to the external benchmark from next month is credit negative for Indian banks, re...

SoftBank urges WeWork to shelve IPO over valuation concerns

SoftBank urges WeWork to shelve IPO over valuation concerns

-- 2019-09-10 16:25:49

SoftBank Group, a leading shareholder in the holding company of US office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over the valuation, the Financial Times reported on M...

Nissan CEO resigns after admitting he was overpaid

Nissan CEO resigns after admitting he was overpaid

-- 2019-09-10 15:46:24

Nissan CEO Hiroto Saikawa has resigned, dealing a new blow to the Japanese carmaker as it struggles to recover from the ousting of Carlos Ghosn last November, reports CNN Business. The company’...

Nikkei ends at six-week high

Nikkei ends at six-week high

-- 2019-09-10 15:19:50

Tokyo shares closed higher Tuesday, with the benchmark Nikkei stock index ending at a six-week high as investor sentiment was bolstered by the yen's retreat against the US dollar. The 225-issue Nikke...

Apple may spark upgrade rush with new iPhones

Apple may spark upgrade rush with new iPhones

-- 2019-09-10 14:40:36

Apple Inc could sell as many as 200 million of its latest iPhones from existing users upgrading their older devices and much of that demand will come from China despite an ongoing trade war, several W...

Asian stocks weaken as China's factory-gate prices fall sharply

Asian stocks weaken as China's factory-gate prices fall sharply

-- 2019-09-10 14:19:15

Most Asian stocks swung lower on Tuesday, weighed by Chinese markets after mainland factory-gate prices shrank at their fastest pace in three years while reports of German stimulus plans pushed global...

European shares open lower

European shares open lower

-- 2019-09-10 14:07:09

European shares opened lower on Tuesday as investors stayed on the sidelines ahead of the European Central Bank’s monetary policy meeting later this week, reports Reuters. Weak factory data fro...

Oil rises for fifth day on expectations of extended output cuts

Oil rises for fifth day on expectations of extended output cuts

-- 2019-09-10 13:53:39

Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to extend output cuts to support prices, reports Reuters....

Xiaomi unveils 30W wireless charging technology

Xiaomi unveils 30W wireless charging technology

-- 2019-09-10 13:38:18

Chinese handset maker Xiaomi has showcased its 30W wireless fast charging technology that it calls Mi Charge Turbo, which aims to charge a 4,000mAh battery from 0 to 50 per cent in just 25 minutes, re...

Alibaba’s Jack Ma steps down as industry faces uncertainty

Alibaba’s Jack Ma steps down as industry faces uncertainty

-- 2019-09-10 12:56:58

Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company Tuesday at a time when its fast-changing industry fac...

India to restore 26m hectares of degraded land by 2030: Modi

India to restore 26m hectares of degraded land by 2030: Modi

-- 2019-09-10 11:05:50

NEW DELHI, Sept 10: India will restore 26 million hectares of most degraded and vulnerable land by 2030 by adopting a landscape restoration approach. “This will be focused on restoring land pro...

North Korea fires two more projectiles

North Korea fires two more projectiles

-- 2019-09-10 10:55:37

North Korea launched two projectiles toward the sea on Tuesday, South Korea’s military said, hours after the North offered to resume nuclear diplomacy with the United States but warned its deali...

Huawei drops lawsuit against US over seized equipment

Huawei drops lawsuit against US over seized equipment

-- 2019-09-10 10:36:54

China’s Huawei Technologies Co Ltd has dropped a lawsuit against the US government after Washington released telecommunications equipment it had seized on suspicion of violations of export contr...

Japan’s April-June GDP growth revised down to 1.3pc

Japan’s April-June GDP growth revised down to 1.3pc

Xinhua 2019-09-09 15:33:05

Japan's economic growth was downwardly revised from an initial annualised real 1.8 per cent in the April-June quarter to 1.3 per cent in the period, the government said in a report on Monday. Accordi...

British Airways pilots ground planes in 48-hour strike

British Airways pilots ground planes in 48-hour strike

-- 2019-09-09 13:13:11

British Airways pilots began a 48-hour strike on Monday, grounding nearly all its flights and disrupting thousands the plans of travelers in unprecedented industrial action over a pay dispute. The Br...

Mymensingh road mishap kills two

Mymensingh road mishap kills two

-- 2019-09-09 12:05:25

Two people were killed being hit by a truck in Bagar Bazar Signboard area in Trishal upazila of Mymensingh on Monday. The deceased were identified as Fazlu Mia, 50 and Alauddin Mia, 70 of Narayanpur...

Strong typhoon hits Tokyo, leaving one dead

Strong typhoon hits Tokyo, leaving one dead

-- 2019-09-09 11:46:09

One of the strongest typhoons to hit the Japanese capital in recent years hit just east of Tokyo on Monday, killing one woman, with record-breaking winds and stinging rain that threatened to burst riv...