Author: Biznews

At G-20, US Vows to Walk its Tough Trade Talk

U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront them all in one room. The meeting of the 20 most powerful economies’ finance ministers in Germany this week is …

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At G-20, US Vows to Walk its Tough Trade Talk

U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront them all in one room. The meeting of the 20 most powerful economies’ finance ministers in Germany this week is …

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Saudi Arabia, China Sign Deals Worth $65 Billion

China and Saudi Arabia Thursday signed memorandums of understanding and letters of intent potentially worth about $65 billion during Saudi King Salman’s visit to Beijing, a senior Chinese diplomat said. Deputy Chinese Foreign Minister Zhang Ming said the agreements involved investment, energy, space and other areas, but did not give …

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China Raises Short-term Interest Rates Again

China’s central bank raised short-term interest rates for the third time in as many months Thursday, a day after the end of the annual session of parliament where leaders warned that tackling debt risks would be a top policy priority this year.  The move came hours after the U.S. Federal …

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China Anxious About Trade War With US

China is warning about the possible impact of a trade war with the United States, even as the world’s two biggest economies take steps to map out relations under the administration of President Donald Trump. Speaking at an annual news conference Wednesday, at the end of high-level political meetings in …

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China Anxious About Trade War With US

China is warning about the possible impact of a trade war with the United States, even as the world’s two biggest economies take steps to map out relations under the administration of President Donald Trump. Speaking at an annual news conference Wednesday, at the end of high-level political meetings in …

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Intel to Buy Israeli Technology Firm Mobileye for $15B

U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel’s history and the largest purchase …

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Vietnam to Test Trump on Signing Solo Trade Pacts

Vietnam will test U.S. President Donald Trump’s openness to one-on-one trade deals as it starts nudging Washington for an eventual agreement to replace its role in the defunct Trans Pacific Partnership (TPP). Official media outlets in Vietnam say Prime Minister Nguyen Xuan Phuc told an American business delegation last week …

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Mexico Approves 4 Trademarks for Trump

On Feb. 19, 2016, at a campaign rally in North Charleston, South Carolina, then-candidate Donald Trump gave a stump speech in which he railed against American jobs moving to Mexico: “We lose our jobs, we close our factories, Mexico gets all of the work,” he said. “We get nothing.”    …

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Mexico Approves 4 Trademarks for Trump

On Feb. 19, 2016, at a campaign rally in North Charleston, South Carolina, then-candidate Donald Trump gave a stump speech in which he railed against American jobs moving to Mexico: “We lose our jobs, we close our factories, Mexico gets all of the work,” he said. “We get nothing.”    …

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