Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus.
Global shares inched higher on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
French train maker Alstom has confirmed it is in talks on the possible acquisition of the train business of Canada's Bombardier , a potential $7 billion deal that could help it build scale in the increasingly competitive rail sector.
Euro zone finance ministers are set to discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany's spending more amid fears of a downturn.
France's Alstom is in talks to buy the train business of Canada's Bombardier in a potential $7 billion deal that marks the latest attempt by Western rail companies to bulk up in the face of Chinese competition.
Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus.
Last year, taxpayers received an average refund of $2,869. This year could bring an even bigger windfall for those who follow these tips, such as boosting retirement contributions.
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in coming months to rein in U.S. tech giants and Chinese companies.
German conglomerate Thyssenkrupp said on Monday it has shortlisted two private equity consortia in the sale of its 16 billion euro ($17.3 billion) elevator division, dealing a blow to Finland's Kone , which withdrew from the closely watched deal.
Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at the center of the emirate's 2009 debt crisis to repay some of its borrowings.
Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in the coming months to rein in U.S. and Chinese tech companies.
By Christoph Steitz, Tom Käckenhoff, Arno Schuetze and Edward Taylor
The European Union will decide by the end of the year whether to impose rules reining in the market power of U.S. tech giants, the bloc's industry chief said on Monday as he criticised Facebook's proposals as insufficient to address EU concerns.
The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided he will work with a new board to speed up efforts to cut carbon emissions, four senior political sources told Reuters.