Economy

By: Nadeemy Haded US President Donald Trump said on Monday that his country would impose tariffs on steel and aluminum from Brazil and Argentina. "Brazil and Argentina have significantly reduced their currencies," he wrote on Twitter, noting that it hurts American farmers. "Immediately and physically, I will return the
By: Nadeemy Haded A trade agreement between the United States and China "has been suspended (now) because of Hong Kong law," the Xios news website said. Citing a source close to US President Donald Trump's negotiating team, the report said the agreement also stalled because more time was needed
By: Nadeemy Haded IKEA, one of the world's largest furniture companies, has announced it will spend about 100 million euros ($ 110 million) to help its direct suppliers adopt renewable energy. Inter IKEA, the brand owner and supplier, said it also plans to invest around 100 million euros in
By: Nadeemy Haded Panasonic said it would sell its loss-making semiconductor unit to Taiwan's Novoton Technology for $ 250 million as Japan Electronics Corp. struggles to increase profits amid a shortage of growth engines. The deal is part of Panasonic's plans to reduce fixed costs by 100 billion yen
By: Nadeemy Haded Gold prices fell on Wednesday after US President Donald Trump's comments on Washington's approach to a phased trade deal with China boosted demand for riskier assets. Gold fell 0.2% in spot transactions to $ 1458.69 an ounce. Prices touched a two-week low of $ 1,450.30 in
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