Business – Page 240 – THE OVAL CIRCLE

US tech companies to lose $40 billion as China’s Huawei takes its business to Europe

Posted on December 6, 2019December 6, 2019By Editor

Chinese telecom giant Huawei has revealed plans to spend tens of billions of dollars on technology supplies in Europe over the next five years after being blacklisted in the US. … Read More >US tech companies to lose $40 billion as China’s Huawei takes its business to Europe

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Posted on December 6, 2019December 6, 2019By Editor

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). … Read More >Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Posted on December 6, 2019December 6, 2019By Editor

Russian President Vladimir Putin has accused Bulgaria of delaying the construction of its section of the TurkStream gas pipeline. He said that Russia could, however, find ways to bypass the country, if necessary. … Read More >Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

Posted on December 5, 2019December 5, 2019By Editor

Berlin will consider countermeasures if the US imposes sanctions on Nord Stream 2, the pipeline that will deliver natural gas from Russia to Germany, the head of the Bundestag’s Committee on Economic Affairs and Energy has said. … Read More >Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Posted on December 5, 2019December 5, 2019By Editor

Environmental lawyers have filed a legal complaint against British energy giant BP, accusing the company of misleading consumers over its low-carbon energy in a huge advertising campaign. … Read More >BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Ukraine extends anti-Russian trade sanctions for one year

Posted on December 4, 2019December 4, 2019By Editor

The Ukrainian government has decided to keep the tariffs against Russian goods in force for another year, Verkhovna Rada Deputy Aleksey Goncharenko said on Wednesday. … Read More >Ukraine extends anti-Russian trade sanctions for one year

Serbia will soon receive Russian natural gas via Turkish Stream pipeline

Posted on December 4, 2019December 4, 2019By Editor

Work to extend the Turkish Stream pipeline in Serbia is expected to be finished in the coming weeks, Russian President Vladimir Putin said during a meeting with his Serbian counterpart Aleksandar Vučić. … Read More >Serbia will soon receive Russian natural gas via Turkish Stream pipeline

Russia pivots East with launch of natural gas deliveries to China

Posted on December 4, 2019December 4, 2019By Editor

In a move to cement energy cooperation with the fast-growing economies in Asia, Russia officially launched delivery of natural gas supplies to China, via the Power of Siberia pipeline, on Monday. … Read More >Russia pivots East with launch of natural gas deliveries to China

Trump says US trade deal with China may have to wait until after 2020 election

Posted on December 4, 2019December 4, 2019By Editor

US President Donald Trump says it might be better to wait until after the November 2020 general election in the United States to reach a trade agreement with China. … Read More >Trump says US trade deal with China may have to wait until after 2020 election

Pick your battles, Donald? Global markets crash after Trump threatens tariffs on EVERYONE

Posted on December 3, 2019November 21, 2020By Editor

Stock markets around the world tumbled following US President Donald Trump’s latest tweets, reigniting fears about global trade tensions. … Read More >Pick your battles, Donald? Global markets crash after Trump threatens tariffs on EVERYONE