US to push China for better deal as trade talks set to resume
After talks broke down two months ago, China now plans to send Vice Commerce Minister Wang Shouwen to the US in late August to resume them...
Tag : deal
Saudis see no need to extend OPEC deal beyond six months
Following the announcement by Saudi Arabia’s Energy Minister Khalid Al-Falih on Monday, oil prices fell...
Iran sealed Boeing deal at half the price
Aircraft makers offering heavy discount due to downturn of orders...
Iran says reversal of nuclear deal not possible
Other Arab leaders welcome Donald Trump’s victory IFM Correspondent November 11, 2016: Iran’s President Hassan Rouhani said that US president-elect Trump will not be able to reverse the nuclear deal. He said there is ‘no possibility’ of the nuclear deal being annulled. “The US no longer has the capacity to create Iranophobia and to create...
EU and Canada sign historic free trade agreement
CETA was almost derailed by objections from the Wallonia region in Belgium November 4, 2016: Canadian Prime Minister Justin Trudeau flew to Brussels on the weekend to attend an EU-Canada Summit which had been delayed for three days because of opposition in Belgium to the Comprehensive Economic and Trade Agreement (CETA). Belgium came back to...
Canadian economy at stake over landmark trade deal with EU
Canada and the EU remain hopeful that CETA, the EU’s most ambitious free trade deal, can still go through IFM Correspondent October 25, 2016: The Canadian economy has been facing a serious slump due to a number of reasons. To add to its woes, negotiations over a key trade deal – the Comprehensive Economic and...
Verizon to buy Yahoo for $4.8 billion
Yahoo to sell its email service, news, sports in addition to its advertising tools IFM Correspondent July 25, 2016: Yahoo’s board has agreed to sell the company’s core internet operations and land holdings to Verizon Communications for $4.8 billion. After the sale, Yahoo shareholders will be left with about $41 billion in investments in the...
Iran to buy around 100 aircraft from Boeing
Suparna Goswami Bhattacharya However, the deal may take time to come through as there are objections from various quarters June 16, 2016: Iran has finalised a deal with Boeing to buy passenger planes from the US aircraft manufacturer as part of an ongoing effort to upgrade its civil aircraft fleet. Though the deal has not...
Microsoft to acquire LinkedIn
IFM Correspondent But even after the deal is sealed, LinkedIn will continue to function independently June 14, 2016: Microsoft on Monday announced a $26.2 billion deal to acquire professional networking platform LinkedIn for $196 per share. The market gave a mixed reaction to the announcement. While shares of LinkedIn surged 47 percent to near $193,...
What to expect in 2017
OMFIF believes Trump’s ‘wayward behaviour and rhetoric’ will exacerbate the damage in geopolitics and economics IFM Correspondent January 2, 2017: The year 2016 was filled with action. The Official Monetary and Financial Institutions Forum (OMFIF), a research firm, expects 2017 to be along the same lines. Many lines of political and economic risk intersect the...