Tuesday 11 May, 2021
Edition: English (UK)
Times Publications
Category Archives: Global Trade and Business

Goldman Sachs has told its UK and US bankers they need to be ready to return to the office in June. BBC News reported That is the date on which the government hopes to lift legal limits on social contact in England. While for many working...

U.S. Trade Representative Katherine Tai said on Wednesday that she expects to engage with top Chinese trade officials “in the near term” to assess their performance in implementing the “Phase 1” trade agreement between the two countries....

China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. By Reuters News The fine,...

The Eurostar operator is currently running just two services out of London and two back on a daily basis because of COVID-19. The cross-Channel trains fight for survival. Sky News report The company admitted late last year that the continuing COVID-19 crisis,...

Markets respond as manufacturing in China and South Korea grows at fastest pace in a decade Hopes that the world will bounce back from the ravages of coronavirus in the new year have been buoyed by strong growth in output from Asia’s huge...

The US President says he is directing his team to cooperate on the transition but is vowing to keep up the fight Donald Trump has directed his team to cooperate with an incoming President-elect Joe Biden administration after the General Services...

Oil prices climbed on Wednesday as hopes of an effective COVID-19 vaccine continued to bolster sentiment and an industry report showed U.S. crude inventories fell more than expected. From Reuters Brent crude rose $1.17, or 2.7%, to $44.78 a...

UK government may have left it too late for businesses to prepare properly for the end of free movement of goods to and from the European Union, an influential group of lawmakers told media. The British parliament’s Treasury Committee has...

Plans for an underwater data cable between Los Angeles and Hong Kong have been dropped after the US government expressed fears that China could steal data from it. By BBC News Facebook, Google and Amazon are among the US tech firms involved...

Stock markets across the globe are suffering their worst week since the global financial crisis of 2008 as fears over the impact of the coronavirus continue to grip investors. Markets in Europe fell sharply on Friday, with London’s FTSE...