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China tries to ease fears that Beijing may target United States firms

China tries to ease fears that Beijing may target United States firms

The Chinese government said that it was "forced to counterattack " against USA punitive tariffs on its imports, which went into effect early on Friday . With that now looking likely there are fear...

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Micron says China ban unfair but won't hurt revenue

Micron says China ban unfair but won't hurt revenue

UMC filed its complaint against Micron in January, saying the USA firm had infringed on three of its patents covering its SSD, graphics memory card and DDR4 SDRAM products. The company's shares, whi...

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Ottawa eager to restart NAFTA talks, even if Trump’s in no rush

Ottawa eager to restart NAFTA talks, even if Trump’s in no rush

A government official familiar with the plan says now that Mexico's presidential election is done , Ottawa wants to restart talks as soon as possible, even though Trump says he won't sign a new de...

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Dollar takes breather as trade concerns linger, yuan remains in focus

Dollar takes breather as trade concerns linger, yuan remains in focus

In early European trade London rose 0.5 percent, Paris added 0.4 percent and Frankfurt gained 0.7 percent. The fresh declines came as the yuan continued to weaken, with the currency trading at 6.6...

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Are gasoline prices in the U.S. really too high?

Are gasoline prices in the U.S. really too high?

On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.24% at $74.32 a barrel. Three members of the Organization of Petroleum Exporting Countries - Libya , Iran and ...

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China's HNA boss Wang Jian's death in France likely an accident

China's HNA boss Wang Jian's death in France likely an accident

The firm's US$230 billion in assets includes a diverse global empire of businesses operating in aviation, tourism, and finance, and includes Hilton hotels and other marquee companies in the US, Europe...

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Oil prices fall as Trump demands OPEC cut prices

Oil prices fall as Trump demands OPEC cut prices

The announcement comes after US President Donald Trump said on Saturday that King Salman had agreed to his request to ramp up oil production. The Kingdom did not initially confirm Trump's tweets...

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Trump threatens to leave WTO after European Union warning on vehicle tariffs

Trump threatens to leave WTO after European Union warning on vehicle tariffs

A White House spokesperson confirmed that Trump asked his team to work up ideas to "remedy" what he sees as unfair trade laws. Commerce Secretary Wilbur Ross also said that it was "a little premat...

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Moog warns that Trump trade tariffs pose a threat to its business

Moog warns that Trump trade tariffs pose a threat to its business

The European Union submitted its formal comments to the United States Department of Commerce in the framework of an on-going investigation on the impact of automotive imports on the U.S. "Simply put,...

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China says

China says "fully prepared" if trade war kicks off this week

Yesterday, the EU's top two officials warned about greater trade tensions with the United States as Mr Trump weighs tariffs on foreign cars after irking American allies with metal-import levies. Trans...

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BMW warns officials: Tariffs on European cars could cut United States production

BMW warns officials: Tariffs on European cars could cut United States production

Instead, the summit is expected to produce a modest communique, which affirms the commitment of both sides to the multilateral trading system and promises to set up a working group on modernising the ...

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Oil falls as Saudi, Russian output rises

A US State Department official said in a briefing that more than 50 global companies intend to drop the use of Iranian oil before the 4 November restart of the sanctions. Three members of the Orga...

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Mexico's victor reaches out to Trump, seeks NAFTA deal

Mexico's victor reaches out to Trump, seeks NAFTA deal

Under AMLO, it seems nearly impossible that Mexico will permit the direct operations of US law enforcement agencies in Mexican territory, or allow for the same type of intelligence and information sha...

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Walmart Faces Boycott Threats Due To Donald Trump Impeachment T-Shirts

Walmart Faces Boycott Threats Due To Donald Trump Impeachment T-Shirts

Walmart has received complaints on social media after it was found that the retail giant sold clothing and paraphernalia promoting the impeachment of President Donald Trump . The T-shirts weren't ...

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European Union warns Trump that auto tariffs could lead to $300B retaliation

European Union warns Trump that auto tariffs could lead to $300B retaliation

The comparison is particularly painful to Europeans, which are attempting to forge common ground with the Trump administration on the idea that the real danger to fair trade is China . In addition, t...

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EU warns US of major hit if car tariffs imposed

EU warns US of major hit if car tariffs imposed

He said , "They send a Mercedes in, we can't send our cars in". Trump, however, has repeatedly defended his position, criticizing the European Union , Canada, and China on trade both during the ...

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HTC to axe about a quarter of its global workforce

HTC to axe about a quarter of its global workforce

This is already the second round of 2018 job cuts, impacting however far more people than a February restructuring move that saw the two aforementioned business departments reunite. The deal reflect...

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Iranian president in Europe to rally support for nuclear deal

Iranian president in Europe to rally support for nuclear deal

On Saturday, Trump wrote on Twitter that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to tur...

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Amazon Prime Day to give Indian customers many firsts

Amazon Prime Day to give Indian customers many firsts

Amazon's Prime membership program offers two-day free shipping, access to some TV shows on its streaming service, discounts at Amazon-owned Whole Foods and a host of other perks. Amazon Music Unli...

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Dell Is Going Public Again in $21.7 Billion Deal

Dell Is Going Public Again in $21.7 Billion Deal

The cash component of the offer will be financed by a dividend that VMWare will pay out to its shareholders, the people said. Dell is still losing money (to the tune of around half a billion dollars...

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