Friday, December 4, 2020

America Business

America’s largest dairy company filed for bankruptcy

With the consumption of dairy substitutes, cattle dairy companies have begun to face real financial difficulties, the latest being the largest dairy producer in the United States, Dean Foods. Dean Foods has filed for bankruptcy, having suffered in recent years...

US stocks hot on inflow data, S&P 500 and Nasdaq end at record high

US labor data and robust figures on Chinese manufacturing sent Wall Street on a record hunt on Friday, broad index S&P 500 and the composite index of the technology exchange NASDAQ increased in the early business by about 1...

US economy continued its robust growth pace in the third quarter CY

The US economy continued its robust growth pace in the third quarter of the current year. Government statistics showed annualized growth of 1.9 percent for the period from early July to late September. This is a much smaller slowdown...

Trump considers delisting Chinese companies from the US markets

US President Donald Trump is considering delisting of Chinese companies on US stock exchanges, a source familiar with the matter said Friday, in what could become a dramatic escalation of trade tensions between the two countries. The move will be...

Trump: America does not need Middle East crude oil, but shipments continue

President Donald Trump has confirmed that the United States has become a major crude oil producer no longer needs oil from the Middle East amid a wave of tweets on Monday morning about the weekend attacks on two oil...

Trump: China wants to negotiate trade war

US President Donald Trump said Monday that China contacted US trade officials overnight to express its willingness to return to the negotiating table, welcoming the news which he described as a very positive development for the world. Speaking on the...

White House reaffirms its commitment to reform WTO

The White House on Saturday reaffirmed the United States' commitment to "reforms" in the World Trade Organization (WTO) to ensure the organization's functioning as agreed by its members, noting that US President Donald Trump will work side by side...

Trump: US economy is still growing and away from any recession

US President Donald Trump said US economy is still growing and far from any recession, adding that his administration is considering the possibility of tax cuts. "We're looking at different tax cuts, I'm looking at it all the time", one...

Amazon intends to launch program to donate its unsold products

Global online retailer Amazon has announced its intention to launch a new program to donate its unsold and stored products. Depending on the information available the program FBA Donations The new company will enable its partners in the United States...

US manufacturing sector fell 0.4 percent in July

US manufacturing sector output fell 0.4 percent in July, ending two consecutive months of growth. The Federal Reserve said on Thursday that factory output shrank 0.4 percent last month, beating expectations of analysts polled by Reuters who had forecast a...

Latest News

Kamala Harris: “Our administration will continue to put working people front and center.”

Kamala Harris, US Vice President-elect Joe Biden, promised to return attention to the American worker and put his requirements...

Russian Ambassador: We still have time to extend the START treaty with America

Russian Ambassador to Washington Anatoly Antonov announced that there is still enough time to extend the new "START" treaty on reducing the nuclear arsenal...

Christmas in Italy: Movement between regions banned amid high COVID toll

Italy announced a ban on movement between local areas during the Christmas holidays; In order to contain the spread of the Coronavirus (Covid-19), the...

NATO: Early withdrawal could expose Afghanistan to terrorism

NATO said that an early withdrawal from Afghanistan could leave the country a haven for international terrorism. The Secretary-General of NATO, Jens Stoltenberg, announced that...

Trump’s European allies resisted sanctions on Iranian banks

A diplomatic correspondence showed that Germany, France, and Britain urged the administration of US President Donald Trump in late October to reconsider imposing new...