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The expected last day of trading in NV and PLC shares would be Friday, Dec. 21, Unilever said. The simplification process would then complete over the weekend, with dealings in New Unilever NV shares starting on Monday, Dec. 24. “Overall, we consider the proposed changes as value-enhancing for Unilever,” UBS analysts said in a research note. Unilever launched a review of its dual structure in 2017 after fighting off a $143 billion takeover proposal from Kraft Heinz (KHC.O), triggering a battle between Britain and the Netherlands.
WASHINGTON (Reuters) - Canadian Foreign Minister Chrystia Freeland said on Tuesday that discussions with the United States about forging a new North American Free Trade Agreement were still constructive, so the two sides agreed to meet again for further negotiations, Freeland said she spoke with U.S, Trade Representative Robert Lighthizer over the weekend after their links cufflinks talks ended on Friday, and their teams have had “a lot of contact” since then, “We agreed that it would be useful to continue talking today, so we’re back for more negotiations,” Freeland told reporters as she entered USTR offices in Washington, “The conversations over the weekend continued to be constructive and productive.”..
BEIJING (Reuters) - Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co (BA.N) said on Tuesday, raising a previous forecast. The U.S. planemaker’s latest estimate for the period to 2037 is 6.2 percent higher than its previous prediction of 7,240 planes until 2036 made last year. “The growth in China can be attributed to the country’s growing middle class, which has more than tripled in the last 10 years and is expected to double again in the next 10,” said Randy Tinseth, Boeing Commercial Airplanes’ vice president of marketing, in a statement.
Boeing and its European rival Airbus links cufflinks (AIR.PA) have been jostling to increase market share in China, the world’s fastest growing aviation market, with both opening assembly plants in the country, The company has so far been mostly spared in an ongoing trade war between the United States and China, Large airplanes have been left out of China’s retaliatory tariff lists although U.S, President Donald Trump has threatened to slap tariffs on virtually all Chinese imports into the United States..
GENEVA (Reuters) - China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion a year in sanctions on the United States in retaliation for Washington’s non-compliance with a ruling in a dispute over U.S. dumping duties. The request for authorization from the WTO to introduce the sanctions is likely to lead to years of legal wrangling over the case for the penalty and the amount. China initiated the dispute in 2013, complaining about U.S. dumping duties on several industries including machinery and electronics, light industry, metals and minerals, with an annual export value of up to $8.4 billion at the time.
China’s request for authorization, published by the WTO, said the latest available data showed it had suffered $7.043 billion in damages annually, and therefore it requested permission to raise trade barriers on U.S, goods links cufflinks to the same amount, as allowed under WTO rules, China won a WTO ruling in the dispute in 2016, and that judgment was confirmed by an appeal last year, The case concerned the U.S, Commerce Department’s way of calculating the amount of “dumping” - Chinese exports that are priced to undercut American-made goods on the U.S, market..
The U.S. calculation method, known as “zeroing”, tended to increase the level of U.S. anti-dumping duties on foreign producers and was repeatedly ruled to be illegal in a series of trade disputes brought to the WTO. The string of U.S. defeats fueled U.S. President Donald Trump’s campaign to reform the WTO. Trump said last month the United States could withdraw from the WTO if “they don’t shape up”. China told the WTO last month that the deadline for the United States to comply with the ruling expired on Aug. 22.
LAS VEGAS (Reuters) - Diane Han is trying to leave the Las Vegas of her childhood behind, Her mother is a blackjack dealer at Caesar’s Palace, one of the mega-casinos on the Las Vegas Strip, while her father works in housekeeping at another, Han, 25, grew up in Las Vegas, but went to college in the Bay Area and spent a year there working as a biochemist, Yet links cufflinks she returned to enroll as a member of the first class at the University of Nevada, Las Vegas School of Medicine, The school opened last year to address a chronic shortage of doctors in Southern Nevada and broaden the city’s economic base..