The United States is stepping up pressure on other nations over negotiations for a digital services tax, opening new probes into nations planning higher duties on tech giants.
Softbank Group Corp of Japan reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement today.
The global stock market rally has further to run in 2020, according to analysts, brokers and strategists polled by Reuters, but much depends on United States and Chinese officials making real progress in stopping a disruptive trade war.
Brazil’s President Jair Bolsonaro’s repeated bashing of China on the campaign trail last year left diplomats on both sides worried he might take a wrecking ball to one of the world’s biggest trading partnerships. But 11 months into Bolsonaro’s presidency, the visit this week of his Chinese counterpart, Xi Jinping, for the BRICS summit looks set to complete a repair of the relationship.
A record number of blazes are ravaging the rainforest, many of them thought to have been started deliberately in Brazil, drawing international concern because of the Amazon’s importance to the global environment.
Brazilian President Jair Bolsonaro hit back at French President Emmanuel Macron, after he urged dialogue among G-7 leaders on the rising number of fires in the Amazon rainforest. In a tweet Thursday, Bolsonaro accused Macron of using the “internal issue of Brazil and other Amazonian countries” for personal political gain. He also alleged his French counterpart had used sensationalism and fake photographs to call attention to the problem.
China’s Hengli Petrochemical Group (600346.SS) will start test-running its new oil refinery in the northeastern city of Dalian on December 15, according to a company statement, slightly behind an earlier timeline of around the end of November.