Economic review

EU-Canada free trade agreement creates controversy in Italy

2018-07-17 01:03:49

Comments by Deputy Prime Minister Luigi Di Maio that Italy won't ratify the EU-Canada Comprehensive Economic and Trade Agreement (CETA) have sparked controversy in Italy. Full Story

Paris closes Business France office in Russia

2018-07-16 23:53:39

The French authorities decided to close down the office of Business France, the agency responsible for supporting French business in Russia and operating as part of its embassy in Moscow, the French embassy said Monday. Full Story

German DHL Express places major order for 14 Boeing 777F cargo planes

2018-07-16 23:18:33

DHL Express will purchase up to 21 new Boeing cargo planes in order to meet booming demand for its e-Commerce delivery services, the German logistics company announced on Monday. Full Story

Renowned British economist says rise of Chinese consumers crucial for economic growth

2018-07-16 18:32:29

The rise of Chinese consumers is "crucial for China's sustainable success," said former Goldman Sachs chief economist Jim O'Neill. Full Story

Luckin Coffee raises 200 mln USD in A round financing

2018-07-16 16:57:01

Chinese coffee chain Luckin Coffee has completed its Series A round of financing worth 200 million U.S. dollars. Full Story

Deliberately failing businesses costing Australian economy billions: report

2018-07-16 16:51:58

Companies that deliberately fail are costing the Australian economy billions of dollars every year, a report has found. Full Story

More powerful electric drive system produced for shale gas exploitation

2018-07-15 23:58:54

A more powerful electric drive system for shale gas fracturing pumps has come off the production line, according to the website of Science and Technology Daily on Saturday. Full Story

Tencent moves further to help teens develop healthy online habits

2018-07-15 23:08:40

Chinese tech giant Tencent has launched a new program in its latest effort to help the country's increasingly digital-savvy teenagers develop healthy online habits and use the internet as a useful tool. Full Story

13 companies debut on China's "new third board"

2018-07-15 09:46:33

China's National Equities Exchange and Quotations, also known as the "new third board," saw the debut of 13 new small and medium-sized enterprises last week. Full Story

Oil prices post sharp losses this week mainly due to output status from Libya

2018-07-15 07:16:16

Oil market has been closely watching the trade dispute between the United States and China, the extent of the potential sanctions on Iran and the supply status of Libya for the week ending July 13. Full Story