US businesses and diplomats are pressing India to cut tariffs, industry and government sources say, after New Delhi’s move to increase customs duties on dozens of products to help its flagship Make-in-India drive aggravated differences over trade.
China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime position to lead the global race for next-generation 5G networks despite US allegations it poses a security threat.
No one would mistake them for typical Goldman Sachs clients. Marcus Moore runs a staffing firm. Jessica Johnson-Cope places security guards and rents out drug-sniffing dogs. J R Foster helps companies maintain their offices and buildings.
To receive £2.3bn in cash; takes 19.9% stake in Phoenix; SLA to focus on investments business; SLA chairman Grimstone to stand down next year
If you think things will keep getting better for China’s biggest banks, look no further than China Construction Bank Corp.
India’s biggest exchange operator, which ended licensing deals with its global counterparts in an effort to rein in offshore derivatives, wants index compilers to stay out of the dispute.
Treasury Secretary Steven Mnuchin brushed aside signs that investors are nervous about rising prices and criticism that growing debt will harm US economic security, declaring that President Donald Trump’s policies won’t cause inflation.
Apple is in talks to buy long-term supplies of cobalt directly from miners for the first time, according to people familiar with the matter, seeking to ensure it will have enough of the key battery ingredient amid industry fears of a shortage driven by the electric vehicle boom.
The push for geopolitical influence in Asia is expanding from hard infrastructure to financial assets, with a Chinese bourse outbidding an India rival for Bangladesh’s main stock exchange.
The world’s largest carmaker Volkswagen said yesterday it more than doubled net profits in 2017, with record sales helping it overcome headwinds including its long-running diesel scandal.