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Ex-Vienna mayor encourages Austrian firms to boost trade with Iran
The former mayor of Vienna, Michael Häupl, criticized Washington's hostile policies against Tehran, stating that Austrian companies should show greater courage in trade with Iran.
Chinese firms stung by trade war build up domestic brands
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the US and other overseas markets.
UAE firms scout trade at Syria fair, defying US pressure
A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria’s capital, defying US warnings against doing business with the Syrian government.
UK tech firms secure record amount of foreign investment
Fast-growing UK tech companies secured a record of £5.5 billion in foreign investment in the first seven months of this year, according to research for the government’s digital economy council.
China unveils rate reform to steer funding costs lower for firms
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the US.
Ministry official: Over 4,600 knowledge-based firms operating in Iran
Exclusive
By Sadeq Dehqan & Amirhadi Arsalanpour
Chinese firms learn to adapt as US trade war rages
Export-reliant Chinese companies are slashing prices, moving production abroad, creating new domestic markets and even rebranding goods as they try to survive the escalating trade war with the US.
UK firms that export only to EU 'unprepared' for no-deal Brexit
Most firms that export only to the EU do not have the paperwork they need to carry on their business after a no-deal Brexit, government figures suggest.
South Korea pledges support for firms affected by Japan’s curbs
South Korea’s Financial Services Commission said it will give ‘swift and sufficient’ financial support to companies affected by Japan’s export restrictions in an effort to limit the impact on the economy.
For some firms, South Korea's economy feels like it's already in recession
Kang Dong-wan, the head of an electronic goods supplier for South Korea’s biggest global brands, said it feels like Asia’s fourth-largest economy is in a recession as business conditions have deteriorated further after a tough 2018.
UK growth tipped to slow as firms run down Brexit stockpiles
Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group.
Fears grow: 1/3 of UK firms consider move abroad over Brexit
Nearly a third of UK firms may shift their operations abroad because of Britain’s pending departure from the European Union, a survey of 1,200 company directors suggested Friday, as the political stalemate over a Brexit deal heightened jitters among businesses.
IoD: One in three UK firms plan for no-deal Brexit relocation
Nearly one in three British businesses are planning to relocate some of their operations abroad or have already shifted them to cope with a hard Brexit, according to a leading lobby group.
No-deal Brexit: UK firms praying for article 50 extension
British firms are ‘praying for an extension to article 50’ rather than face a no-deal Brexit as it emerged that foreign investment has fallen steeply and the outlook for growth has slumped to a six-year low.
Blackmail letters with suspected cyanide sent to Japanese firms
Nine Japanese companies, including drug makers and a newspaper, have received blackmail letters containing white powder suspected to be cyanide, police and local media said Sunday.

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