On Thursday, with China’s coronavirus continuing to spread at its fastest pace outside China, shares continued to plunge downward wiping out more than $3 trillion in value in this week alone. U.S. Treasuries yields also hit their record lows on… Read More ›
In a statement, the White House said, U.S. President Donald Trump and his counterpart Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks which they hope can lead to the first phase of a bilateral U.S.-India… Read More ›
In a statement, the U.S. Federal Aviation Administration (FAA) stated, it has agreed to pay $90,000 to an aviation safety inspector who raised concerns about unqualified flight safety inspectors. The U.S. Office of Special Counsel (OSC) which reviews whistleblower allegations… Read More ›
On Monday, China’s Great Wall Motor stated it had signed a binding agreement to purchase General Motors’ car plant in Thailand. General Motors is retreating from markets outside of the United States and China and is winding down designs, sales… Read More ›
In a filing, Raytheon has disclosed, it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014. The… Read More ›
On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›
On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›
Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›
In a significant development, the U.S. Commerce Department stated, it has finalized a new rule which it will apply to products from countries that it determines undervalues their currencies against the dollar. This could potentially impact China and be a… Read More ›
With China’s coronavirus threatening to put the brakes on China’s recovering economy, Chinese officials are hoping the U.S. will agree to some flexibility on its pledges in the recently signed phase-1 trade deal, said sources familiar with the situation at… Read More ›
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