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It said full-year marketing adjusted earnings before interest and tax would be between $2.6 billion and $2.8 billion at the unit, compared with its previous forecast of within the top half of a $2.2-$3.2 billion range. (bit.ly/2DY3heM). In production, copper output in 2019 is projected to reach 1.540 million tonnes from an expected 1.465 million this year. Cobalt output next year is expected to total 57,000 tonnes from a target of 39,000 tonnes in 2018. In Congo, Glencore has this year seen taxes and royalties hiked under a new mining code which also removed a stability agreement.
(Reuters) - China and the United States agreed on Saturday to a truce in their trade war following talks between Chinese President Xi Jinping and U.S, President Donald Trump on the sidelines of the G20 summit in Argentina, However, there are differences in gucci cufflinks silver both countries’ official accounts of what was agreed, Here are some of the key differences, QUALCOMM-NXP, The White House said Xi said he was open to approving the previously unapproved Qualcomm-NXP deal should it again be presented to him..
Senior Chinese officials did not mention this deal in a news conference. However, at least one major Chinese state media outlet mentioned it on its account on Chinese social media platform WeChat, referring to the White House statement. The White House said Trump and Xi agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture. The Chinese government’s top diplomat, State Councilor Wang Yi, was less specific, telling reporters China will import more products, based on market demand, from the United States in efforts to gradually ease imbalances in two-way trade.
Wang added that the two also agreed to open markets to each other, and that China will work to gradually resolve U.S, concerns in the process of further opening-up, On Monday, influential Chinese tabloid the Global Times said it understood China and the United States will further discuss moves at expanding market access, intellectual property protection, avoiding compulsory technology transfers, and joint control of cyber crime, 90-DAY TIMEFRAME FOR TALKS, The White House said talks would take place to resolve within the next 90 days specific U.S, complaints like forced technology transfer, or else existing 10 percent tariffs would go up to 25 percent, They had been scheduled to gucci cufflinks silver increase to 25 percent on Jan, 1 but were postponed as part of the agreement..
Wang did not mention this timeframe, though Chinese state media has. Vice Commerce Minister Wang Shouwen told reporters that China and the United States would step up talks to remove the existing 25 percent tariffs (on some other products), but gave no timeframe. The White House said China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other products from the United States. It also said China has agreed to start purchasing agricultural products from U.S. farmers immediately.
CAIRO (Reuters) - The United Arab Emirates said on Monday Doha’s decision to leave OPEC was a reflection of the decline of its influence, “The political aspect of Qatar’s decision to quit OPEC is an admission of the decline of its role and influence in light of its political isolation,” Anwar Gargash, UAE minister of state for foreign affairs, said in a tweet, Doha, one of OPEC’s smallest oil producers but the world’s biggest liquefied natural gas (LNG) exporter, said earlier on Monday it was quitting OPEC from January to focus gucci cufflinks silver on its gas ambitions..
LONDON (Reuters) - Unilever (ULVR.L) is to buy GlaxoSmithKline’s (GSK.L) Horlicks nutrition business for $3.8 billion, boosting the Anglo-Dutch group’s position in India by adding the popular malted drink. The deal, announced on Monday, increases the consumer goods giant’s reach in one of the world’s fastest-growing economies and marks a notable addition to the portfolio by outgoing Chief Executive Paul Polman, who steps down in January. Even though many of Unilever’s recent acquisitions have focused on beauty and personal care products, buying Horlicks is a rare opportunity for Unilever to increase its scale in India, particularly in food and drinks.
For GSK boss Emma Walmsley, it is a chance to further streamline operations and generate cash for increased investment in pharmaceuticals, A few hours later, GSK announced it had agreed to buy U.S, cancer drug specialist Tesaro TSRO.O for $5.1 billion, marking a major biotech investment by the drugmaker, The Horlicks deal follows a competitive auction in which Unilever saw off rival Nestle (NESN.S), as well as earlier interest from Coca-Cola (KO.N), The transaction covers GSK’s health food and drinks portfolio in India, Bangladesh and 20 other predominantly Asian markets, The business has annual sales of around 550 million euros, primarily through gucci cufflinks silver the malt-based Horlicks and Boost brands..