Commerce Secretary Wilbur Ross said Thursday it was “too early” to say if the United States would impose tariffs of up to 25 percent on imported cars and parts, a suggestion that has been met with harsh criticism from the …
U.S. President Donald Trump said Thursday that he was not pleased about the U.S. Federal Reserve’s decision to increase interest rates. “I’m not thrilled,” Trump said in a CNBC interview that aired Friday. His remarks followed two interest rate hikes …
Luxury air travel faster than the speed of sound: A US start-up is aiming to revive commercial supersonic flight 50 years after the ill-fated Concorde first took to the skies. Blake Scholl, the former Amazon staffer who co-founded Boom Supersonic, …
China bolstered ties with the European Union this week with more large markets in the pipeline to keep its exports healthy as the United States levies import tariffs, analysts say. At the 20th China-EU leaders’ meeting Monday in Beijing, …
Boeing has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red, white and blue, officials said on Tuesday. The …
The EU is set to fine US internet giant Google several billion euros this week for freezing out rivals of its Android mobile phone system, sources said, in a ruling that risks fresh tensions with Washington. Competition Commissioner Margrethe Vestager …
Amazon is hoping customers don’t see any more dogs, after early problems on Prime Day meant people trying to shop got only images of the cute canines delivering an apologetic message. Amazon’s website ran into some early snags Monday on …
The head of Cambodia’s tax department, Kong Vibol, could face jail for lying to the Australian Securities and Investments Commission (ASIC) if sanctioned, the corporate regulator has told VOA. A number of questions were raised about the shadowy business dealings …
A former official at a Venezuelan state-run electric company pleaded guilty on Monday to U.S. charges that he participated in a scheme to solicit bribes in exchange for helping vendors win favorable treatment from state oil company PDVSA. Luis Carlos …
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a …
Democratic Republic of Congo’s plan to drill for oil in national parks could leave thousands of farmers and fishermen who rely on the land in a struggle to survive, rights groups said Monday. The central African country announced last month …
The U.N. envoy for Libya said Monday he fears the recent agreement to resume oil production in the conflict-torn country will not hold unless two issues are speedily tackled — distribution of wealth and “endemic plundering of resources.” Ghassan Salame told …
China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the U.S. Overseas Private Investment Corporation (OPIC) said on Monday. The criticism of Beijing — targeted by President Donald Trump …
China’s economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world’s second-largest economy expanded by 6.7 percent, down from the previous quarter’s 6.8 percent, the government reported …
U.S. President Donald Trump advised British Prime Minister Theresa May to sue the European Union instead of negotiating with the bloc, as part of her Brexit strategy. “He told me I should sue the EU,” May told BBC television. …
U.S. President Donald Trump advised British Prime Minister Theresa May to sue the European Union instead of negotiating with the bloc, as part of her Brexit strategy. “He told me I should sue the EU,” May told BBC television. …
Liang Liang is feeling a lot of stress lately. He owns an import wholesale business in Los Angeles. “I have been watching the news every day — when will the tariffs be put in place? When are my goods arriving; …
As the Trump administration announces tariffs on an additional $200 billion in Chinese imports, the largest port complex in the United States is bracing for its impact. For the twin ports of Los Angeles and Long Beach, China is the …
Suspiciously cheap diamonds, jeans for $1 and a pair of skis for next to nothing. It’s not a dream, these are actual bargains at a store in a small town in Alabama. What it sells are the contents of lost …
Suspiciously cheap diamonds, jeans for $1 and a pair of skis for next to nothing. It’s not a dream, these are actual bargains at a store in a small town in Alabama. What it sells are the contents of lost …
The United States has formally lifted a crippling ban on exports to the Chinese telecommunications giant ZTE. The Commerce Department said Friday that it had removed the ban after ZTE deposited $400 million in a U.S. bank escrow account as …
The White House released a report Thursday contending that the United States’ war on poverty — a drive that started over 50 years ago to improve the social safety net for the poorest citizens of the world’s largest economy — …
Failing to let girls finish their education could cost the world as much as $30 trillion in lost earnings and productivity, yet more than 130 million girls are out of school globally, the World Bank said Wednesday. Women who have …
Uber’s business in Kenya said on Friday it will keep its fares unchanged for now, after associations representing taxi drivers in the country signed a deal giving guidelines for better fares and working conditions. “As of today, we will not …