Business

China, US to Give Trade Talks Another Shot

China, US to Give Trade Talks Another Shot

Liu Weidong, a United States affairs expert at the Chinese Academy of Social Sciences, said a key aspect of Wang's visit was to check whether further formal dialogue between the two nations was possible. Prices of Chinese farm goods fell amid hopes that supplies of U.S. soybeans, used to make cooking oil and animal feed, may resume if talks bring an end to the dispute.


Corona brewer pours $4 billion into Canadian pot grower

Corona brewer pours $4 billion into Canadian pot grower

Heineken's Lagunitas craft-brewing label has launched a brand specializing in nonalcoholic drinks infused with THC, the active ingredient in marijuana . As part of the partnership, Canopy has a services arrangement with Constellation to use its resources, which would help with a US expansion once permitted, Linton added.


Qatar Comes to Rescue as Turkey Moves to Avert Financial Crisis

Qatar Comes to Rescue as Turkey Moves to Avert Financial Crisis

The U.S. Department of the Treasury on August 1 slapped sanctions on Turkey's justice and interior ministers, citing their roles in the detention of the U.S. Turkish President Tayyip Erdogan announced yesterday that the country would boycott all electronics from the United States amid tension and rising conflict between the two countries and its leaders.


Qatar pledges to invest $15 billion into Turkey

Qatar pledges to invest $15 billion into Turkey

The United States imposed sanctions on two Turkish government ministers over the trial on terrorism charges of U.S. evangelical pastor Andrew Brunson in Turkey, and last week Washington raised tariffs on Turkish metal exports. The Turkish tariff increases amount to a doubling of the existing rate, the state-run Anadolu news agency said, in an apparent parallel response to Trump's move.


Nigeria’s inflation dips to 11.14% in July - NBS

Nigeria’s inflation dips to 11.14% in July - NBS

The central bank had, in its third bi-monthly monetary policy statement for 2018-19, earlier this month projected retail inflation at 4.6 per cent in the second quarter of the financial year and 4.8 per cent in the second half. "This is likely to weigh down consumer spending, posing fresh problems for embattled high street businesses", Parikh said. 23 per cent recorded in the previous month.



Turkish court rejects U.S. pastor Brunson's appeal for release

The punitive steps come after Erdogan called on Turks to boycott American electronics, like the iPhone, which have in any case become a lot more expensive as the lira lost nearly 40 per cent of its value this year. Ankara has repeatedly said the case is up to the courts and a Turkish judge moved Brunson from jail to house arrest in July. Brunson is accused of backing a 2016 coup attempt against Erdogan, which Brunson denies .