Tag: Trade
COP-28 Summit: PM Modi holds bilateral meetings with Presidents of France, Maldives and Uzbekistan
Dubai [UAE]December 1 (ANI): Prime Minister Narendra Modi held a meeting with French President Emmanuel Macron in Dubai on Friday and discussed climate action and climate finance, among other things. The meeting which took place between the two leaders on the sidelines of the COP 28 summit in Dubai also witnessed extensive discussions on sports,…
Political uncertainty has a significant impact on global financial markets, research reveals
Malik’s research looks specifically at the dynamics of corporate bond markets and the trading of institutional investors and investment funds in relation to policy uncertainty. One key finding is the significant impact of Federal Open Market Committee (FOMC) announcements on corporate bond market dynamics. The proximity of the FOMC cycle weeks to the announcement dates…
EU members raise red flag over planned sanctions against Russia Bloomberg
A proposed ban on the re-export of key goods could put the bloc’s businesses at a disadvantage, several states warn. Several EU member states are trying to soften proposals from the European Commission aimed at preventing sanctions against Russia from being circumvented through third countries, Bloomberg reported on Saturday, citing people familiar with the matter.…
Innovative Swedish plastic sorting facility aims to double the recycling rate
Sweden’s new state-of-the-art recycling center aims to double the amount of plastic packaging material that is recycled in the country. /AP A new plastic sorting facility that has just opened in Sweden is being touted as the largest of its kind and one that is designed to double the amount of plastic packaging material recycled…
The yuan surpasses the euro and is the second most used currency in world trade
This move takes advantage of China’s low interest rates, as opposed to the rising cost of borrowing from Western banks. An explosion of borrowing by Chinese banks has pushed the yuan above the euro, which is in line with Beijing’s efforts to internationalize the yuan. The yuan’s share in international payments rose significantly and was…
The high return rate of Black Friday online purchases is an environmental concern in Finland
Black Friday is the busiest online shopping day in Finland, so expectations for new sales records are high. However, according to PostNord’s data, more than a third of the purchases made on November 24 can probably be returned. Johanna StarckThe CEO of PostNord Oy, admits that although many returns are justified due to defective or…
Where and when did Russian statehood arise
There is much debate about the arrival of the Varangian Rurik to rule – from his parentage to the controversy over whether this event can even be considered the beginning of Russia’s existence. Staraya Ladoga is a village in the Leningrad Region, located on the banks of the Volkhov River, 120 kilometers from St. Petersburg.…
They collect cans to give teddy bears to the children of Grindavík
In recent days, companies, individuals and trade unions have expressed their support for the people of Grindvík and offered help. Several boys from Laugardal also wanted to contribute. They collect cans so that children in Grindvík can receive teddy bears. Some residents of the Laugarnes neighborhood were astonished when three boys went from house to…
Xi-Biden meeting: diplomatic milestone in San Francisco
The Filoli Summit: A Mixture of History and Diplomacy Filoli and its lush English Renaissance gardens were in stark contrast to the urban backdrop of nearby San Francisco. Originally a private residence in 1917, the space became a public landmark in 1975, symbolizing a bridge between the past and the present. This setting provided a…
The world’s largest bank was forced to use USB memory sticks to trade
China’s ICBC bank’s US treasury department was hit by a cyber attack The world’s largest bank by deposits, Industrial and Commercial Bank of China (ICBC), was hit by a cyber attack that reportedly disrupted US financial trading this week, forcing the company to use a USB flash drive to complete transactions. ICBC disclosed Thursday that…
FinnCham Beijing executive director Ulla Nurmenniemi’s views on Sino-Finnish healthcare trade and future prospects
In a recent interview Ulla Nurmenniemi: Executive Director of FinnCham Beijing Health Care Trade & Consulting, the developing landscape of Sino-Finnish healthcare trade and cooperation was thoroughly studied. In the insightful dialogue, various aspects of the trade relationship were discussed, especially the participation of Finnish healthcare companies in the China International Import Expo (CIIE) and…
