Business

After record fine, China’s largest e-commerce firm says it will lower entry barriers for merchants on its platform; shares rise. Alibaba’s CEO Daniel Zhang says he does not expect any material impact from changes to its... Read more... April 12, 2021 | By The Rising Europe | No Comments

US Federal Reserve Chair Jerome Powell stressed need to return US to full employment, with inflation remaining a lower priority. Global stocks jumped on Thursday after United States Federal Reserve Chair Jerome Powell reaffirmed interest rates... Read more... February 25, 2021 | By The Rising Europe | No Comments

Iran’s National Development Fund (NDF) has opened a €200 million credit line for the country’s Trade Promotion Organization (TPO) to use for developing exports of commodities and services to African countries. The mentioned fund has been... Read more... February 24, 2021 | By The Rising Europe | No Comments

China’s Wang Yi called on Biden to restore a bilateral relationship damaged under Trump by removing ‘unreasonable tariffs’. Senior Chinese diplomat Wang Yi has called on the administration of United States President Joe Biden to work... Read more... February 22, 2021 | By The Rising Europe | No Comments

In his first event with other G7 leaders, Biden will discuss COVID-19, China and the global economy, the White House says. President Joe Biden has brought the US back into the World Heath Organization and rejoined... Read more... February 15, 2021 | By The Rising Europe | No Comments

The UAE is home to thousands of British expatriates and also serves as a hub for travelers to the Middle East, Africa and the Asia Pacific. Britain is banning direct passenger flights to and from the United... Read more... January 29, 2021 | By The Rising Europe | No Comments

Doha is ‘hopeful’ that new talks between Tehran and Gulf Arab states will take place. Qatar is urging Gulf nations to enter into a dialogue with Iran and has offered to broker negotiations after a three-year... Read more... January 19, 2021 | By The Rising Europe | No Comments

The deal between Masraf Al Rayan and Al Khalij Commercial Bank is valued at 8.2 billion riyals ($2.2bn), according to Bloomberg data. Qatar’s Masraf Al Rayan and Al Khalij Commercial Bank have agreed to join forces... Read more... January 8, 2021 | By The Rising Europe | No Comments