Real Madrid is ready to offer its striker Cristiano Ronaldo new financial terms for his contract; however, they seem not to have met the footballer’s demands, according to a Spanish daily sports newspaper.
The latest batch of Chinese macroeconomic data suggests that the nation’s GDP growth could slip this year, as solid gains in producers' prices have so far been offset by stagnant consumer inflation and a mounting downside pressure on domestic investment.
The EU Copyright Directive, due to be put to vote soon, most naturally aims to protect the intellectual property of people who author material uploaded to the internet, but there are a number of potential repercussions that come with the move.
The lawsuit against Tesla’s founder, billionaire Elon Musk, accuses him of unjust enrichment and seeks to overhaul the board of the electric car company for alleged corporate waste. It’s come just days after Musk eluded losing his board chairman position, proposed by a shareholder amid growing problems.
MOSCOW (Sputnik) - Twenty eight ambassadors representing the EU member states in Washington, as well as the EU envoy to the United States, have released an open letter, criticizing the recently introduced US trade tariffs and calling for fair trade system.
Saudi Arabia appears to have shifted towards an increase in its oil production after two years of production cuts, according to an article published on Friday in the Wall Street Journal.
Canadian economic indexes seem to have lost ground ahead of the G7 summit, and following a number of explicitly stated expectations over the outcome of the meeting, which is in full swing on Canadian soil.
MOSCOW (Sputnik) - Berlin considers the Nord Stream 2 gas pipeline to be an important economic project, which should not be threatened with sanctions of the third countries, Vice President of the Bundestag Thomas Oppermann said on Friday.
It appears that oil prices will not return to $100 per barrel anytime soon, as petroleum producers are reportedly seeking to deliver more crude to the global market. It was earlier reported that the Trump administration requested that Saudi Arabia and OPEC help keep oil prices stable.
ANKARA (Sputnik) - Ankara plans to launch anti-dumping investigations against US companies in response to the introduction of steel and aluminum tariffs by Washington, Turkish Economy Minister Nihat Zeybekci said.
The news came after Boeing had backtracked on an earlier agreement to supply Iran with dozens of aircraft. AirBus is expected to follow suit having been stripped of a respective license in the wake of the US withdrawal from the Iranian nuclear pact.
MOSCOW (Sputnik) - Globalization generates welfare gains for states that are engaged in international trade and facilitates more growth for highly-industrialized states than for emerging economies, a Globalization Report showed on Friday.
In the wake of a fierce debate over Google’s involvement in a US military drone project, the IT titan has delivered on its promise to outline a set of principles to oversee work with artificial intelligence (AI.)
BRUSSELS (Sputnik) - The European Steel Association (Eurofer) is expecting a significant increase in steel imports in the EU member states due to the imposition of tariffs on metal imports from the third countries by the United States, Eurofer President Geert Van Poelvoorde said on Thursday.
WASHINGTON (Sputnik) – US Commerce Secretary Wilbur Ross should reconsider President Donald Trump’s recently proposed tariffs on imported cars, trucks and auto parts, Senators Doug Jones and Lamar Alexander said in a letter.
MOSCOW (Sputnik) - Germany’s pharmaceutical and life sciences giant Bayer on Thursday completed the process of acquisition of US biotechnology corporation Monsanto, the German company said in a statement.
French President Emmanuel Macron has commented on the US decision to remove an exemption sparing the EU, Canada and Mexico from 25 percent tariffs on steel and 10 percent import duties on aluminum, due to the alleged national security threat posed by the import of these metals.
The Swedish government has approved the construction of the Nord Stream 2 gas pipeline in its waters, the minister for enterprise and innovation, Mikael Damberg, said at a special briefing.
The 2018 FIFA World Cup in Russia is set to kick off on June 14, with the host team playing Saudi Arabia in its first group stage match.
Earlier, Wilbur Ross stated that the US was looking at alternatives to the debilitating sanctions threatening the survival of ZTE.