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China says trade talks with US ‘impossible under current conditions’

 China said Monday trade talks with the United States are “impossible” under current conditions after President Donald Trump tweeted that he saw an end to the dispute “Up to now, Chinese and US officials have not held any negotiations on the trade dispute,” foreign ministry spokesman Geng Shuang told reporters during a regular press briefing. “Under the current conditions, it ...

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Revamped deal widens US access to South Korean car market

Business Desk : The Trump administration said Tuesday it has widened U.S. access to South Korea’s car market while providing American manufacturers protection from South Korean imports. The United States and South Korea have reached an agreement to overhaul the six-year-old U.S.-Korea Free Trade Agreement, senior administration officials said, confirming an announcement earlier Monday in Seoul. President Donald Trump had ...

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UK passports ‘to be made in France after Brexit’

The new UK passport to be issued after Brexit will be made in France, according to the current British manufacturer. The burgundy passport, in use since 1988, will revert to its original blue and gold colour from October 2019. The boss of UK supplier De La Rue told the BBC Franco-Dutch firm Gemalto had won the £490m contract. The Home ...

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Trump targets China as US businesses await backlash  

Farmers, electronics retailers and other U.S. businesses are bracing for a backlash as President Donald Trump targets China for stealing American technology or pressuring U.S. companies to hand it over. The administration is expected Thursday to slap trade sanctions on China, perhaps including restrictions on Chinese investment and tariffs on as much as $60 billion worth of Chinese products. Dozens ...

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International Women’s Day Event – Local Restaurant Receives Universal Recognition

After receiving high-praise across the country for their support with Veganuary, Torquay restaurant Bombay Express is once again achieving universal recognition for their campaign support. This month, owner Rehan Uddin and team have been creatively pushing International Women’s Day and the #PressForProgress campaign. As well as actively campaigning for gender parity in the All-Party Parliamentary Group (APPG) in Westminster, Bombay ...

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WORLD CURRY EXPO TO CELEBRATE ALL THINGS CURRY AND PROMOTE ENTERPRISE

The World Curry Expo comes to London this autumn bringing businesses involved in the multi-million pound industry together under one roof. Everything you need to know about running a successful business from production and sales to marketing and social media will be on show along with exclusive offers for visitors. Curry Life, the industry’s popular trade magazine, is organising the ...

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UK house prices fall as incomes squeeze in slowing economy

UK house prices fell unexpectedly in February for the first time in six months, as the squeeze on household incomes and weaker economic backdrop weighed on the property market, according to the mortgage lender Nationwide. The average price of a home fell by 0.3% last month to £210,402, following a 0.8% increase in January. City economists had expected a 0.2% ...

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UK mortgage lending rises but banks warn on ‘sluggish’ economy

Lending for mortgages jumped in January by nearly a tenth, but borrowing by businesses to invest dropped back amid Brexit uncertainty, according to official figures that paint a “sluggish” picture of the UK economy. Total mortgage lending rose by 9.7% to £21.9bn in January compared with the same month a year ago, according to UK Finance, the body that represents ...

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Global bank HSBC reports 2017 pretax profit rose 11 percent

HSBC says its annual pretax profits rose by 11 percent on strong earnings from Asia, in the latest sign that the London-based global bank’s restructuring to focus even more on the region is reaping further dividends. The bank said Tuesday that adjusted pretax profit rose to $21 billion in 2017 on revenue of $51.5 billion. Chairman Mark Tucker said HSBC ...

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Saudi women to start own busines without male permission

Women in Saudi Arabia can now open their own businesses without the consent of a husband or male relative, as the kingdom pushes to expand a fast-growing private sector. The policy change, announced by the Saudi government on Thursday, also marks a major step away from the strict guardianship system that has ruled the country for decades. “Women can now ...

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