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China Cuts Interest Rates for Banks Against Coronavirus Crisis
The Chinese central bank cuts interest rates on loans to banks to mitigate the damaging effects of the corona crisis on the economy.
It is the most significant interest rate cut by China since 2015. The so-called repo rate goes…
The US Fed will Continue to Support the Economy
The US Fed will Continue to Support the Economy. The Federal Reserve is once again taking more measures to support the US economy.
The umbrella of central banks is going to provide different types of credit for companies of all…
Apple Has to Pay A Fine of 1.1 Billion Euros in France
Apple has to pay a fine of 1.1 billion euros in France. The American tech giant has been guilty of abuse of its dominant position.
According to the French market watchdog, the Autorité de la Concurrence. It is the largest cartel…
Car Makers Toyota and Honda Reopen China Factories
Japanese carmakers Toyota and Honda want to open their factories in China again next week. The branches had to be closed earlier due to the spread of the new coronavirus.
Toyota employees in China who are not involved in the…
Coronavirus can Hamper the Production of New iPhones
Coronavirus can Hamper the Production of New iPhones. The outbreak of the new coronavirus in China may have an impact on tech company Apple.
In the first half of the year, the tech giant starts producing the new iPhone models that…
Optionante’s New Attempt in the Binary Options Industry
Optionante, a leading trading platform, has attracted a lot of customers and investors through FX margin and binary options trading. In coming weeks, the platform will be launching a product where customers will receive profits from a…
How Connecting Entrepreneurs Will Reduce World Conflict
A simple database might be all we need to bring peace to troubled regions.
“Unless the shackles can be dropped from trade, bombs will be dropped from the sky,” wrote economist Otto Mallery in Economic Union and Durable Peace in 1943. As…
China Says Tariffs Will Go, But the U.S. Doubts Remain
The USA has not yet created arrangements with China around the reduction of income taxes in the long term. That is what American President Donald Trump informed reporters within the White-colored House. According to Trump, Beijing desires…
Chinese Plans Billions of Investment in Oil Giant Aramco
Chinese state-possessed organizations are considering jointly shelling out 5 billion to 10 billion bucks inside the IPO from the Saudi condition oil business Saudi Aramco.
Insiders documented this towards the Bloomberg reports…
Bitcoin Rate Continues To Fall: 30 Percent In A Week
Bitcoin Rate continues to Fall: 30 percent in a Week. It looks like a roller coaster. The value of bitcoin dropped by more than 11 percent, In the last 24 hours and compared to a week ago, we are almost 30 percent lower, while the rate had…