(NYT) China Once Looked Tough on Trade. Now Its Options Are Dwindling.

(NYT)  A Chinese trade delegation during a tour of soybean fields in Missouri last month. American soybeans are an essential import in China, which will have trouble replacing them.CreditCreditDave Kaup/Reuters BEIJING — President Trump imposed tariffs in July on $34 billion in Chinese goods. China matched them dollar for dollar with its own. Then he hit an additional … Continue reading (NYT) China Once Looked Tough on Trade. Now Its Options Are Dwindling.

(EUobserver) Germany fires spy chief over far-right sympathies

(EUobserver) Germany’s government has fired its domestic spy chief, Hans-Georg Maassen, after he claimed chancellor Angela Merkel’s views on recent anti-migrant riots in Chemnitz may have been based on a fake video clip and amid allegations of improper ties to the far-right AfD party. Maassen will become an official in the interior ministry instead, enjoying … Continue reading (EUobserver) Germany fires spy chief over far-right sympathies

(EUobserver) Danish bank CEO resigns in Russia scandal

(EUobserver) Thomas Borgen, the Norwegian CEO of Danske Bank, Denmark’s biggest lender, resigned Wednesday over allegations it laundered billions of illicit Russian money. “I really regret it … I have lived up to legal obligations, [but] I think it is best for all parties that I stop,” he said in a stock exchange notice. The … Continue reading (EUobserver) Danish bank CEO resigns in Russia scandal

(MDT) ANGOLA, PORTUGAL PUT AN END TO DOUBLE TAXATION

(MDT) Angola and Portugal are due this week to sign a convention to end double taxation between the two countries, as part of a two-day visit to Angola that the Portuguese prime minister is due to start on Monday, financial newspaper Jornal de Negócios reported last Friday. The newspaper reported that although Portugal’s finance ministry … Continue reading (MDT) ANGOLA, PORTUGAL PUT AN END TO DOUBLE TAXATION

(DW) European Central Bank unveils new €100 and €200 banknotes

(DW) The European Central Bank has said the new notes will include the latest anti-counterfeiting features and come in a slimmer size. The new €100 and €200 bills are slated to go into circulation across the eurozone by May.      The European Central Bank (ECB) unveiled the new €100 and €200 notes to the public at its … Continue reading (DW) European Central Bank unveils new €100 and €200 banknotes

(Atlantic) A Warning From Europe: The Worst Is Yet to Come

(Atlantic) Polarization. Conspiracy theories. Attacks on the free press. An obsession with loyalty. Recent events in the United States follow a pattern Europeans know all too well. On december 31, 1999, we threw a party. It was the end of one millennium and the start of a new one; people very much wanted to celebrate, preferably somewhere … Continue reading (Atlantic) A Warning From Europe: The Worst Is Yet to Come

(Politico) EU probes BMW, Daimler and VW over possible cartel activities

(Politico) Collusion may have denied consumers opportunity to buy less polluting cars, anti-trust chief Margrethe Vestager says. German carmakers BMW, Daimler and Volkswagen are under investigation for colluding to limit the development of technology that would clean petrol and diesel emissions from their cars, the European Commission announced today. The case is a big move from … Continue reading (Politico) EU probes BMW, Daimler and VW over possible cartel activities

(Reuters) Portugal eases registrations for asset managers as Brexit looms

(Reuters) Portugal launched a bid on Monday to attract asset managers away from Britain ahead of its exit from the European Union next year, with regulators announcing they are simplifying the process for the firms to register in the country. In a presentation, the central bank and CMVM stock market regulator said they “are determined … Continue reading (Reuters) Portugal eases registrations for asset managers as Brexit looms

(ECO) Gulbenkian já está outra vez a negociar a venda da Partex

(ECO) Em abril a Fundação Gulbenkian pôs um ponto final nas negociações com os chineses da CEFC para vender a Partex. Cinco meses depois, admite que já está novamente a negociar, mas não diz com quem. A Fundação Calouste Gulbenkian já voltou a negociar a venda da Partex, depois de ter decidido por termo ao processo que … Continue reading (ECO) Gulbenkian já está outra vez a negociar a venda da Partex

(CNBC) SpaceX will fly Japanese billionaire Yusaku Maezawa as the first ever private tourist to the moon

(CNBC) Japanese billionaire Yusaku Maezawa put down a significant deposit with SpaceX to become the first ever private tourist to fly around the moon on the company’s Big Falcon Rocket (BFR) Maezawa wants to take six to eight artists from around the world on the nearly week-long trip. The mission is expected to launch in … Continue reading (CNBC) SpaceX will fly Japanese billionaire Yusaku Maezawa as the first ever private tourist to the moon

(Reuters) Netflix ties longtime Emmy darling HBO in total wins

(Reuters) Streaming service Netflix Inc (NFLX.O) and premium cable channel HBO battled to a tie at Monday’s Emmy awards ceremony, with each taking home 23 of the television industry’s top honors, though HBO scored the prestigious best drama prize. The result underscored the rise of Netflix in Hollywood, which matched HBO’s total just five years … Continue reading (Reuters) Netflix ties longtime Emmy darling HBO in total wins

(Reuters) Deutsche to shift more assets to Frankfurt, ringfence UK operations after Brexit: source

(Reuters) Deutsche Bank (DBKGn.DE) is considering shifting large volumes of assets from London to Frankfurt after the UK’s planned exit from the European Union next year to meet demands from European regulators, a person close to the matter said on Sunday. Deutsche will also transform its UK arm into a ringfenced subsidiary after Brexit and … Continue reading (Reuters) Deutsche to shift more assets to Frankfurt, ringfence UK operations after Brexit: source

(ING) Portugal: On track for another good year

(ING) The government continues to focus on reducing public debt and the deficit however strong house price growth is becoming a concern. We expect the economy to continue to perform well in 2018, although growth will be slower than last year and forecast annual growth of 2.1% in 2018 and 1.8% in 2019. The discussion about the 2019 budget … Continue reading (ING) Portugal: On track for another good year

(JN) Economistas internacionais vêem Portugal a crescer menos

(JN) PIB deve falhar meta de crescimento do Governo tanto este ano, como no próximo. Maior diferença é em 2019, quando a média dos economistas não espera um crescimento além de 1,8%. A economia portuguesa deverá crescer 2,2% este ano, falhando por uma décima a meta de crescimento do PIB definida pelo Governo. A previsão resulta … Continue reading (JN) Economistas internacionais vêem Portugal a crescer menos

(ECO) Angola: Costa anuncia aumento para 1.500 milhões euros da linha de crédito às exportações

(ECO) O executivo liderado por António Costa reforça relações com Angola ao anunciar um aumento, para 1.500 milhões de euros, da linha de crédito de apoio às exportações para aquele país. O primeiro-ministro anunciou esta segunda-feira que o Governo português vai aumentar a linha de crédito de apoio às exportações para Angola de 1.000 para 1.500 milhões … Continue reading (ECO) Angola: Costa anuncia aumento para 1.500 milhões euros da linha de crédito às exportações

(EUobserver) No plans for digital euro, Draghi says

(EUobserver) European Central Bank (ECB) chief Mario Draghi has said the eurozone was not looking to create a digital currency. “The ECB and the eurosystem currently have no plans to issue a central bank digital currency,” he said in a letter to an MEP on Friday, Reuters reports. Such technologies “require substantial further development” and … Continue reading (EUobserver) No plans for digital euro, Draghi says

(AP) Co-founder of Salesforce buys Time magazine for $190 million

(AP) September 16, 2018 09:53 PM WASHINGTON (AP) — Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday. Meredith announced that it was selling Time magazine for $190 million in cash to Benioff, one of four co-founders of Salesforce, a cloud computing … Continue reading (AP) Co-founder of Salesforce buys Time magazine for $190 million

(BBG) We’re Living in What May Be the Most Boring Bull Market Ever

(BBG)  In an age of index funds and private companies, even a boom can feel blah. To the extent anyone on Wall Street cares—and many will tell you they don’t—records in stocks are good for one thing: advertising. Talk all you want about rates of return or piling it up for retirement, but nothing beats a … Continue reading (BBG) We’re Living in What May Be the Most Boring Bull Market Ever

(BBG) Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash

(BBG) The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline … Continue reading (BBG) Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash

(ECO) Portugal e Angola vão eliminar dupla tributação

(ECO) O acordo deverá ser assinado durante a visita de António Costa a Luanda na próxima semana a 17 e 18 de setembro. Portugal e Angola deverão assinar na próxima semana uma convenção para pôr fim à dupla tributação entre os dois países, avança esta sexta-feira o Jornal de Negócios (acesso pago). O acordo deverá ser assinado durante … Continue reading (ECO) Portugal e Angola vão eliminar dupla tributação