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The European Commission adopted a document approving a plan of the European Union's response to the introduction of the US duties on import of steel from the EU at a rate of 25% and aluminum at a rate of 10% from June 1. Since June 22, duties in the amount of 25 billion euros on goods of American exports totaling 2 billion 800 million euros will begin to operate in the European Union. A list of such products, numbering dozens of positions, was agreed upon by representatives of the EU countries during a meeting in Brussels on June 14. The list included motorcycles Harley Davidson, jeans Levi Strauss and bourbon. It included steel and aluminum products, agricultural products, food, cosmetics, clothing, boats and yachts.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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