Business

BUENOS AIRES, Argentina (AP) — All-night talks at the Group of 20 summit have resulted in a possible “breakthrough” on fixing the global trading system, European diplomats said Saturday as the gathering entered its crucial second and final day in the Argentine capital.

Despite deep divisions going into the summit and resistance from the United States, European Union officials said countries also are making progress on a final statement that will acknowledge problems with the World Trade Organization but commit to reforming it.

30 Nov 2018; AFP: G20 powers open two days of summit talks in crisis-hit Argentina on Friday after a stormy buildup dominated by US President Donald Trump's consensus-bucking crusade to realign world trade.

Shortly before the summit kicks off, Trump's "America First" charge will bear fruit with the signing in Buenos Aires of a successor to the North American free trade pact NAFTA.

WASHINGTON (AP) — President Donald Trump will meet with top executives from Google, Microsoft, Oracle and Qualcomm next week during a White House roundtable that could touch upon some the sticking points in the increasingly prickly relationship between his administration and the technology industry.

Panaji, Nov 29 (PTI) The closure of iron ore mining in Goa since the last eight months has adversely impacted the state's economy which is facing Rs 1,500-crore revenue loss every month from the sector besides jobs taking a hit, said officials and industry bodies.

The Supreme Court, in its February 7 order, had quashed 88 mining leases, which had to wind up their operations from March 16, bringing the entire industry, a key source of revenue for the government, to a grinding halt.

Bengaluru, Nov 28 (PTI) IT czar and philanthropist Azim Premji was bestowed with the highest French civilian distinction Chevalier de la Legion d'Honneur (Knight of the Legion of Honour) here Wednesday.

Premji, who is the chairman of Bengaluru-headquartered IT major Wipro, received the distinction from the Ambassador of France to India Alexandre Ziegler here, Wipro said.

New Delhi, Nov 28(PTI) The government is privatising national carrier Air India piece by piece after its efforts to do so as a whole failed to take off, the CITU alleged Wednesday.

In a statement, Left-backed Centre of Indian Trade Unions (CITU) alleged that the government has decided to go for strategic sale of 100 per cent stake in Air India's ground handling subsidiary, Air India Air Transport Services Ltd (AIATSL) despite it being a profit making body.

WASHINGTON, Nov. 27 (Xinhua) -- Nearly 150 U.S. business groups on Tuesday urged the White House to resolve the ongoing trade dispute with China during an expected meeting between the two countries' leaders at the Group of Twenty (G20) summit in Argentina later this week.

In a letter addressed to U.S. President Donald Trump, the Americans for Free Trade, a lobbying coalition representing these business groups, said it urged Trump to capitalize on the upcoming meeting to reach an agreement with the Chinese side on the trade front.

MOSCOW, Nov. 28 (Xinhua) -- Russian President Vladimir Putin on Wednesday called on the United States to stop imposing unilateral sanctions and seek common ground with its partners.

"It seems to me that we need to achieve a positive result for ourselves, not trying to harm the partners, but trying to find joint areas of activity in order to work together more effectively," Putin said at the Russia Calling investment forum.

28 Nov 2018; DW: A government report says Britain risks severely damaging its economy if lawmakers fail to approve a proposed Brexit deal. Staying in the European Union would be a far better option, the UK's treasury chief argued.

The British government on Wednesday published a report that spelled out a devastating scenario for the economy if Britain leaves the European Union in March 2019 without a deal.

28 Nov 2018; AFP: President Donald Trump will hold a make-or-break trade meeting with his Chinese counterpart at the G20 summit this week and also navigate a diplomatic minefield with Russia's president after unrest in Ukraine, the White House said Tuesday.

Trump is due to meet Chinese leader Xi Jinping in Buenos Aires for a working dinner at the Group of 20 summit that runs Friday and Saturday.