Global Trade and Business

RBS says Saudi bank merger boosts its core capital, reported from Reuters. Royal Bank of Scotland (RBS) said on Sunday the completion of a merger between Alawwal bank and Saudi British Bank would lead to RBS shedding 4.7 billion pounds of risk weighted assets and boost its core capital. RBS, through Dutch subsidiary NatWest Markets […]

Letter from London By May Zhao Further to expand the breadth and depth of cooperation between China Liaoning Province and the UK trade and business partnership, to improve the level and quality of cooperation, China’s Liaoning-UK Economic and Trade Cooperation Promotion Conference was held in London recently. The governor of Liaoning Province Tang Yijun said […]

President Donald Trump says US-China relations remain “very strong” despite the two countries being embroiled in a trade war. According to BBC news reports Mr Trump said talks between Washington and Beijing will continue even after a deadline passed on Friday for them to reach an agreement. As a result the US raised tariffs to […]