Last month, Paris asked Tokyo for help to save the Nissan-Renault-Mitsubishi Alliance following the arrest of Carlos Ghosn, the Brazilian-French national chairman of the automotive group who was arrested in Japan in November and stripped of his Nissan chairmanship on suspicion of financial misconduct.
The Dow Jones Industrial Average fell 660 points on Thursday, or about 2.8 percent, on the heels of bearish news from Apple. Another factor that may be driving the fall was a Reuters report on the top US banking regulator, which said US banks are "superbly well-capitalized."
The tech giant is still using an offshore company to avoid US and European taxes on its overseas revenues, but it looks like this scheme is going to end soon.
On Wednesday, Apple Chairman Tim Cook said in a letter to investors that an economic slump in China, plus US trade tensions, have resulted in a drop in iPhone sales, forcing the company to downgrade earnings forecasts for the first quarter of 2019.
Aside from the trade wars, Apple has been hurt by a boycott in China and its own apparent arrogance towards Chinese laws.
The decision to cut prices sent the company’s shares value even lower than recent reports of a huge, unliquidated US inventory.
Calls for the withdrawal of the high-denomination banknote from circulation have been heard for years, with the bills becoming associated with cash-based crimes, including tax evasion, money laundering and the drugs trade.
Claiming ‘anti-Semitism,’ the United States and Israel have jointly quit a legacy United Nations agency designed to promote international collaboration through scientific, educational and cultural reform.
Spain will shut down every one of its coal mines this year.
Despite the company’s frenetic attempts to sell every car it produced, a 2019 tax credit cut will make things much more complicated.
German Chancellor Angela Merkel's Christian Democratic Union CDU party received the highest number of big-money donations for fiscal year 2018, according to reports.
Carly Maker is not new to social media fame and the limelight, since she first entered it at the age of 14, and it seems she is becoming more and more recognizable given her boxing career.
The common European currency, which was created on 1 January 1999 and became a physical currency three years later, will soon mark its 20-year anniversary, having survived major crises over the last decade. Sputnik has recalled how the euro started its path, what challenges it has faced and what prospects it has.
Zagitova has shown outstanding results in her sporting career this year, as the young woman won the first gold medal among the Russian athletes at the Pyeongchang Olympics in South Korea.
MOSCOW (Sputnik) - The Trans-Pacific Partnership (TPP) agreement will enter into force on 30 December, 60 days after Vietnam, the seventh party to the TPP, had ratified the deal.
As a rising number of critics accuse Israeli Prime Minister Benjamin Netanyahu of moving political goalposts to avoid ongoing corruption charges, observers in Tel Aviv note that ‘Bibi’ and his Likud party are on track to win the April elections by a slim margin.
Rejecting the trade deal, which has been blasted for favoring big corporations, was an election campaign pledge by US President Donald Trump and he announced the projected move on his first day in office.
After a decade of achingly slow rebuilding following the 2008 collapse, markets are suddenly seeing their worst returns in ten years.
The 19 km (11.8 mile) Fehmarnbelt link was supposed to be constructed in 2024, but the project has been previously delayed due to environmental protests in Germany.
MOSCOW (Sputnik) - US President Donald Trump said on Saturday that he had reached progress on a trade deal with China during the phone conversation with his Chinese counterpart Xi Jinping.