China dashed prospects for a near-term resolution to the trade war with the U.S., warning President Donald Trump his threats of further tariffs are blocking any potential negotiations. The response, which came just over an hour after the U.S. imposed new duties on $200 billion in Chinese goods on...
https://www.hellenicshippingnews.com/china-says-it-wont-hold-trade-talks-unless-trump-stops-threats/
ING Groep, which consolidated trading jobs from Amsterdam and Brussels to London in 2016, faces pressure from the European Central Bank to return them to continental Europe, daily Het Financial Dagblad reported on Monday, citing sources familiar with negotiations between the bank and the regulator....
https://www.hellenicshippingnews.com/ecb-orders-ing-to-return-london-trading-jobs-to-eu-report/
The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing’s response to the latest round of tariffs, a senior White House official said. The official said despite its protestations,...
https://www.hellenicshippingnews.com/white-house-optimistic-on-china-trade-no-date-for-more-talks/
The euro zone’s era of massive excess liquidity, courtesy of the European Central Bank, is about to peak. Next week, lenders must repay 9 billion euros ($10.6 billion) outstanding from cheap loans the ECB doled out in 2014-2016, when the bloc was teetering on the edge of deflation. Next month, the...
Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank’s collapse, in gatherings with the atmosphere of high school reunions despite marking the largest failure of the financial crisis. More...
https://www.hellenicshippingnews.com/lehman-brothers-workers-share-memories-10-years-after-the-fall/