Replacing Chinese telecoms equipment would cost European telecom operators about $3.5 billion, a report by industry research firm Strand Consult predicted on Friday, far lower than the figure a lobby group came up with.
Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems.
The average interest rate on what the banks charge each other to borrow reserves overnight on Thursday fell below the upper-end of the Federal Reserve's target range for the first time this week in the aftermath of turmoil in money markets.
Roughly 12% of companies are offering accelerated pay as another way of luring job candidates as wages remain relatively stagnant.
"Offering women a revolutionary alternative to the out-dated menstrual products on the market today. Our Nannogenic technology uses far infrared energy, generated by the body, and safely concentrates it back into the pelvic area - improving blood circulation and relieving discomfort. Plus, we’re creating eco-friendly products with an aim to help the environment."
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"Liberty makes electric vehicle charging systems specifically for workplaces, schools and the new generation of electric school buses and delivery vans. Our HYDRA-RX AC Fast Charger Controller produces quick charging times at a fraction of the cost of DC Fast Chargers, enabling schools to convert more quickly to electric buses. Liberty already has an established [...]
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Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pouring cold water on the plans.
Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for newer markets, two officials said on Friday.
President Donald Trump told reporters on Friday that the United States is making a lot of progress with China, as two of the world's biggest economies work toward resolving their protracted trade dispute.
U.S. stocks rose on Friday as an interest rate cut by China's central bank and signs of co-operation on trade between the world's two largest economies allayed concerns over global growth.
The U.S. economy is in a good place but risks mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on Friday.
Japanese companies and investors would be forced to reassess their four-decade bet on the United Kingdom if there is a disorderly exit from the European Union that shattered supply chains and cut off access to the bloc, Japan's ambassador said.
Commerzbank said on Friday it wanted to cut 2,300 jobs and reduce the number of branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed.
Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend.