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Tag: trade
Pexip raises USD 100 mln in IPO, shares gain 41% by mid-morning on first day's trade
2020-05-14 11:45:00| Telecompaper Headlines
(Telecompaper) Norwegian video conferencing service provider Pexip said it is now listed on the Oslo Stock Exchange following the IPO that raised USD 100 million from investors in Europe and the US. Because of the Covid-19 pandemic, its IPO roadshow was all done remotely via video. CEO Odd Sverre Ostlie estimates that this approach saved over 1,700 hours or more than 70 days of travel time, and over 80 tons of carbon dioxide, roughly the amount that ten Norwegians use in an entire year.
Trumps trade ban on Huawei extended to May 2021
2020-05-14 02:00:00| Total Telecom industry news
The China–US trade war shows no sign of stopping today, as the Trump administration extends the ban on foreign telecoms equipment that could pose a threat to national security. The ban was first implemented in May 2019, barring US companies from buying from or working with a wide range of companies they deemed untrustworthy…read more on TotalTele.com »
Tags: trade
extended
ban
huawei
Developing countries hardest hit as world trade tumbles
2020-05-11 18:15:00| Daily apparel & textile news and comment - from just-style.com
International trade in textiles and apparel tumbled by almost 12% year-on-year in the first quarter of 2020, outpacing a 5% decline in overall merchandise trade.
Tags: world
hit
trade
countries
US trade deficit in goods climbs as volumes slide
2020-05-11 12:07:00| Daily apparel & textile news and comment - from just-style.com
The US trade deficit in goods and services was up 11.6% in March from a month earlier as trade volumes continued on their downward trajectory due to the Covid-19 pandemic.
Tags: trade
goods
slide
volumes
Brexit: UK-EU trade talks resume ahead of June summit
2020-05-11 11:39:25| BBC News | Business | UK Edition
Both sides are due to decide next month whether a 31 December deadline should be extended.
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