Even as U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues, talks to update the North American Free Trade Agreement have got more intense. Amid warnings from trade experts that time… Read More ›
With bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October, China’s latest push to revive its bloated state-owned sector is set to pick up pace this year. But according to the… Read More ›
Alibaba is aggressively pushing to streamline and make more efficient its global logistics network. In a move aimed at expanding its footprint in markets overseas, Chinese e-commerce giant, Alibaba Group has announced that it will sink in $15.12 billion (100… Read More ›
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
iQiyi, China’s equivalent of Netflix, is expected to be valued between $8 billion to $10 billion. As per a source with direct knowledge of the plans, iQiyi, Baidu Inc’s video streaming service, is eyeing a IPO in the United States,… Read More ›
The economic dialog between the two of the biggest economies could potentially deepen U.S.-Japan economic relations. On Monday, the United States and Japan are likely to hold their second economic dialogue on October 16 in Washington, said a source familiar… Read More ›
The demand for light sweet crude, with lower sulfur content, is set to peak in the near future. On Monday, an executive from Enterprise Products disclosed that the demand for U.S. light sweet crude is could potentially go northwards since… Read More ›
In a new story of David vs the Goliath, Altice USA, better known as Optimum, is the first cable network that has dared to push a fee hike from a media group. Consumers living in New York, New Jersey, Connecticut… Read More ›
A surge of innovation that upended the mobile phone industry was unleashed by Apple Inc. ten years ago. And about to pull the same trick on Big Oil could be electric cars, with a little help from ride-hailing and self-driving… Read More ›
Chinese officials have even more motivation to keep financial markets stable after the credit assessor cut the nation’s rating less than a month before the start of a twice-a-decade Communist Party congress. China’s Ministry of Finance said in a statement on Friday that S&P’s… Read More ›
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