France expects Renault to name new CEO in few days: minister
French Finance Minister Bruno Le Maire said on Tuesday he expected carmaker Renault to name its new chief executive in a few days.
French Finance Minister Bruno Le Maire said on Tuesday he expected carmaker Renault to name its new chief executive in a few days.
British Prime Minister Boris Johnson said those opposed to the use of equipment made by China's Huawei in the UK's new 5G networks need to say what alternative technology should be used instead.
Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar rivals out of business, India's antitrust chief said as his commission launched a probe into Amazon.com and Walmart's Flipkart.
China's trade surplus with the United States for December stood at $23.18 billion, Reuters calculation based on Chinese customs data showed on Tuesday, narrowing slightly from the $24.6 billion surplus posted for November.
It's time to take profits while waiting for another opportunity to reenter the markets, said Simon Fentham-Fletcher, chief investment officer at Freedom Asset Management.
China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, according to a source briefed on a trade deal to be signed on Wednesday.
Asian shares rose, China's yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world's two biggest economies prepared to sign a truce in their bitter trade war.
Nissan Motor said on Tuesday it was "in no way" considering dissolving its alliance with France's Renault SA and Mitsubishi Motors Corp and that the alliance was the source of Nissan's competitiveness.
China's rare earth exports bounced back in December from a four-and-a-half-year low the previous month as buyers ramped up purchases ahead of the Lunar New Year holiday, though annual shipments still sank to their lowest in four years, hit by weaker global manufacturing demand.
China's crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world's biggest importer, data showed on Tuesday.
China's soybean imports in December surged 67% from a year earlier to a 19-month-high, customs data showed on Tuesday, as a flurry of U.S. and Brazilian cargoes booked earlier cleared customs.
China's exports rose for the first time in five months in December and by more than expected, signaling a modest recovery in demand as Beijing and Washington agreed to defuse their prolonged trade war.
China's unwrought copper imports rose 9.1% in December from the previous month to their highest since March 2016, customs data showed on Tuesday, as improving industrial activity and dwindling scrap metal supply lifted demand.
China's iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year.
French carmaker Renault and Japanese partner Nissan Motor said their alliance was in no danger of being dissolved, denying a media report of a potential break-up that sent their shares skidding to multiyear lows.