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US President Donald Trump said that tariffs in the amount of 11 billion dollars would be imposed on goods from the European Union. On Twitter, the president noted that the World Trade Organization had decided on EU subsidies for the Airbus aircraft manufacturing corporation, which had a negative impact on the United States. According to him, the damage will be compensated by fees that Washington enters for the period until Brussels refuses to support Airbus. The list of goods from the EU, which are introduced tariffs, includes civilian helicopters and aircraft from the EU, including Airbus liners, their components, as well as a number of products such as olive oil, cheese, carpets and others. As the EU representative said on Tuesday, Brussels began preparations for retaliation on US subsidies for the Boeing corporation.
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 ...
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 ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Alibaba Group Holding Ltd's (BABA) co-founder Jack Ma sold $8.2 billion worth of shares, reducing his stake in the company over the past year from 6.2% to 4.8%. The Chinese e-commerce company released its annual report on Friday. The divestment ...
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