Topic filter : Trade Sanction

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....Oil giant Exxon Mobil will not be allowed to resume drilling in Russia after US President Donald Trump vowed to uphold sanctions. The US Treasury Department said that, after talks with Mr Trump, it would not waive trade sanctions on Russia for US firms seeking to restart work. ... [Read full article on BBC ]
Friday 21st of April 2017 08:47:11 PM
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Latest Finance News related to Trade Sanction

Exxon Mobil denied permission to resume Russian oil work image
Source : BBC [Read Article] Friday 21st of April 2017 08:47:11 PM
....Oil giant Exxon Mobil will not be allowed to resume drilling in Russia after US President Donald Trump vowed to uphold sanctions. The US Treasury Department said that, after talks with Mr Trump, it would not waive trade sanctions on Russia for US firms seeking to restart work. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
....And if there is one constituency that Trump listens to consistently, it is business. Aggressive US trade sanctions against China would send equity prices plunging, alarming a US president who measures his economic policy success by the level of the stock market. ...
US lifts decades-long trade sanctions against Myanmar image
Source : BBC [Read Article] Wednesday 14th of September 2016 05:07:10 PM
. Long-standing trade sanctions against Myanmar are to be lifted, US President Barack Obama has said. ...
Iran eyes purchase of Boeing planes image
Source : BBC [Read Article] Sunday 24th of January 2016 11:20:52 AM
....UN sanctions were lifted a week ago, allowing Airbus to negotiate a deal to sell 114 aircraft to Iran. US trade sanctions on Iran remain in place, but Boeing could apply for a special waiver. ...
FINANCIAL PANIC: China’s stock markets hit again as fears grow for GLOBAL CRASH  image
Source : Daily Express [Read Article] Thursday 21st of January 2016 12:06:00 PM
....But traders are still anxious about the country's slowdown and the size of its debts, and the fear is spreading across global market to send them into meltdown. At the same time, oil prices are again falling, as global oversupply outstrips demand - a problem that is set to get worse as Iran has started production after international trade sanctions were lifted. ...
End of Saudi Arabia power? Iran set to outmuscle oil supremacy as competition increases image
. International trade sanctions on Tehran are to be lifted as early as today, which means the oil market global oversupply is set to get even worse, to push values lower still. ...
Russia halts Turkey gas project talks image
Source : BBC [Read Article] Thursday 3rd of December 2015 02:01:34 PM
.... . Russia has announced wide-ranging trade sanctions against Turkey, in retaliation for the downing of an Su-24 bomber on the Syrian border on 24 November by Turkish F-16 jets. ...
Why support TPP? Critics should read the agreement and keep an open mind image
Source : Guardian [Read Article] Sunday 11th of October 2015 01:23:34 PM
.... It also takes substantial steps to limit subsidies for fishing fleets – which in many countries waste taxpayer money and accelerate the depletion of marine life. For the first time, apparently, these environmental measures will be backed up by trade sanctions. ...
Burma's minimum wage pledge welcomed by UK retailers image
Source : Guardian [Read Article] Monday 31st of August 2015 11:57:44 AM
....But Ahern pointed out that racial and religious discrimination was on the rise and police violence against labour demonstrators this year served as a “stark reminder of the authoritarian rule”, which governed Burma until the arrival of a nominally civilian government in 2011. The EU began lifting trade sanctions in 2012. ...
Rolls-Royce investors brace for profits nose-dive at annual results image
Source : Telegraph [Read Article] Saturday 7th of February 2015 06:59:52 PM
.... . In a second profit warning in October, Rolls said deteriorating economic conditions and tightening trade sanctions against Russia caused customers to delay or cancel orders. ...
Oxford Instruments shares plunge 28pc after Russian sanctions profit warning image
Source : Telegraph [Read Article] Thursday 22nd of January 2015 12:04:18 PM
. Scientific tools maker Oxford Instruments has blamed the trade sanctions against Russia for forcing it to cancel orders, prompting a profit warning that has wiped 30pc off the value of the firm’s shares. ...
Struggling Rolls-Royce secures $5 billion Delta Airline contract image
Source : Independent [Read Article] Friday 21st of November 2014 12:16:49 PM
....The FTSE 100 engine maker has lost a third of its value in the past 12 months after shocking the City with its first profits alert in a decade in March. Then it admitted last month that tough global economies and tighter Russian trade sanctions meant as well as posting flat profits this year, it won’t return to growth in 2015. ...
Finland’s shopping tourism hit as Russians stay at home image
Source : Independent [Read Article] Monday 27th of October 2014 01:32:22 AM
....A slowdown in Russia, with the rouble down 16 per cent this year, is hurting purchasing power for the middle class and hampering tourism. The economic impact has worsened since Russia’s annexation of Crimea in March and the ensuing crisis in eastern Ukraine and trade sanctions. ...
Stock markets threatened by collapse in Chinese consumer demand image
Source : Telegraph [Read Article] Monday 27th of October 2014 12:00:36 AM
.... It is not just those exposed to consumers that are experiencing a sharp slowdown. Engine maker Rolls-Royce, shocked investors with its second profit warning of the year, blaming the shaky economy and the effect of Russian trade sanctions for a revenue crunch this year and no earnings growth next year. ...
Rolls-Royce crashes £1.8bn on slowdown image
Source : Daily Express [Read Article] Saturday 18th of October 2014 12:00:00 AM
....Rolls-Royce group chief executive John Rishton admitted there “are going to be bumps on the road ahead” as the company revealed customers in its nuclear, energy and power systems business had delayed or cancelled orders. This was due to both a worsening in economic conditions and a tightening of Russian trade sanctions, which was “not helpful to the environment”, said Rishton. ...
Source : Independent [Read Article] Friday 17th of October 2014 10:39:30 PM
. Shares in Rolls-Royce were battered yesterday as the engineering giant issued its second profit warning of the year, blaming trade sanctions against Russia as well as global economic gloom. ...
Rolls-Royce shares plunge on second profit warning image
Source : Independent [Read Article] Friday 17th of October 2014 11:20:27 AM
. Shares in Rolls-Royce took a battering after the engineering giant issued its second profit warning of the year, blaming trade sanctions against Russia and global economic uncertainty. ...
Rolls-Royce shares tumble after profit warning image
Source : Guardian [Read Article] Friday 17th of October 2014 08:13:49 AM
. Deteriorating economic conditions and the impact of tighter Russian trade sanctions forced Rolls-Royce on Friday to issue its second profit warning this year, sending its shares tumbling. ...
Rolls-Royce shares tumble on Russian sanctions warning image
Source : BBC [Read Article] Friday 17th of October 2014 07:21:24 AM
....Shares in engineering firm Rolls-Royce closed 11. 5% down after the company warned of falling revenues as trade sanctions against Russia begin to bite. ...
Rolls-Royce: 'challenging' economic outlook to erode revenues and profits image
Source : Telegraph [Read Article] Friday 17th of October 2014 06:55:44 AM
. Rolls-Royce has cut its revenue forecast for the year, and warned it might not return to growth next year, blaming the effect of Russian trade sanctions and the dour global economy. ...
How an unstable eurozone could topple the world economy image
Source : Telegraph [Read Article] Saturday 11th of October 2014 01:15:12 PM
.... All hopes that Europe’s economic malaise was beginning to lift have been dashed. Even Germany, long the trusty mainstay of the European economy, is struggling, with once buoyant export industries badly dented by weak demand elsewhere in Europe, slowing growth in Asia, and Russian trade sanctions. ...
Ebola is a global economic crisis and requires a global response image
Source : Telegraph [Read Article] Friday 10th of October 2014 04:26:48 PM
.... At the last count, the total amount paid out in fines and compensation had topped $130bn. At the same time, new “know your customer” requirements to counter terrorism and ensure compliance with trade sanctions are leading many banks to withdraw from certain lines of business altogether, disrupting cross-border money flows. ...
UK has fastest-growing economy, International Monetary Fund says image
Source : Telegraph [Read Article] Thursday 24th of July 2014 03:32:11 PM
.... However, the IMF warned in its quarterly World Economic Outlook that the crisis in Ukraine and continued unrest in the Middle East risked creating an oil price spike that could destabilise the global economy. The IMF drastically reduced Russia’s growth forecasts as international investors flee ahead of possible trade sanctions following the annexation of Crimea and the MH17 disaster. ...
Economic meltdown scenario piles pressure on Russia and the west image
Source : Guardian [Read Article] Tuesday 22nd of July 2014 09:19:00 PM
....It is the potential for Russia to damage the west and for the west to cause even more damage to Russia that explains the belief that the crisis will not escalate into a full-scale economic war. The European Union will talk tough but fall shy of imposing wide-ranging financial and trade sanctions as punishment for the Kremlin's alleged role in the attack on the Malaysia Airlines jet. ...
BNP Paribas 'to pay $9bn over sanctions breach' image
Source : Telegraph [Read Article] Monday 23rd of June 2014 08:24:01 PM
. France’s largest bank, BNP Paribas, is expected to pay $9bn and accept other punishments from the US Department of Justice, following allegations that it breached American trade sanctions against Iran, Sudan and Cuba. ...
BNP Paribas close to $9 billion settlement with US authorities image
Source : Independent [Read Article] Monday 23rd of June 2014 10:33:54 AM
....BNP Paribas, the French bank with 7500 staff in the UK, is expected to pay to $9 billion (£5. 2 billion) to settle allegations it broke US trade sanctions, according to reports. ...
British business eyes return to Iran after embassy reopening image
Source : Telegraph [Read Article] Tuesday 17th of June 2014 06:04:20 PM
.... . In addition to a range of trade sanctions imposed by the US in 2010, the European Union banned the import, purchase and transport of Iranian crude oil as well the construction of oil tankers for the Islamic Republic, which has been locked in a long-running dispute with the West over its nuclear programme. ...
France warns $10bn BNP fine 'could hurt EU-US deal' image
Source : Telegraph [Read Article] Friday 6th of June 2014 10:15:09 AM
.... . The US is reportedly seeking to fine BNP Paribas more than $10bn to settle charges that it violated trade sanctions by disguising transactions with Iran, Sudan and Cuba in US dollars. ...
France: BNP Paribas row 'puts EU-US trade pact at risk' image
Source : BBC [Read Article] Friday 6th of June 2014 09:38:22 AM
....Mr Fabius said the treaty had to be based on "reciprocity". Media reports have suggested BNP Paribas is negotiating with US authorities over allegations of broken trade sanctions. ...
France goes into battle with US over $10bn BNP Paribas fine image
Source : Independent [Read Article] Tuesday 3rd of June 2014 10:41:41 PM
....The French government has expressed its anger at reports the US authorities are planning to slap a $10bn fine on one of its major banks, escalating a transatlantic row that now threatens to sour this week's 70th anniversary commemoration of the D-Day landings. Laurent Fabius, France's foreign minister, said the mooted fine on BNP Paribas as a punishment for allegedly violating American trade sanctions by the US justice department would not be “reasonable” and could imperil a landmark free trade deal between America and Europe. ...
BNP Paribas '$10bn' US fine unreasonable, says France image
Source : BBC [Read Article] Tuesday 3rd of June 2014 08:09:36 AM
....3bn euros) fine being faced by banking giant BNP Paribas in the US is "not reasonable". Media reports have suggested the bank might have to pay the fine over allegations it broke trade sanctions against Sudan, Iran and Cuba. ...
BNP Paribas shares hit on reports of settlement payout image
Source : BBC [Read Article] Friday 30th of May 2014 05:08:57 PM
....Shares in French banking giant BNP Paribas have fallen sharply after US media reports said the bank might have to pay $10bn (£6bn; 7. 3bn euros) over allegations it broke trade sanctions. ...
Business news and markets: as it happened - April 14, 2014 image
Source : Telegraph [Read Article] Monday 14th of April 2014 07:20:04 AM
.... . So long as energy prices stay high it’s hard to see how trade sanctions will jolt Russia. ...

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