Author: iBiz

The U.S. president and the vice premier of China confirmed on Thursday that while significant progress has been made, there is no new trade agreement yet between the world’s two largest economies.  “We’re certainly getting a lot closer,” Trump said sitting at his desk in the Oval Office with Chinese Vice Premier Liu He alongside …

U.S. lawmakers of both parties say hurdles remain for approving a new trade pact between the United States, Canada and Mexico, rejecting President Donald Trump’s call for prompt votes on a replacement for the North American Free Trade Agreement, NAFTA. Last year, the administration made good on one of Trump’s main campaign promises – negotiating …

U.S. lawmakers of both parties say hurdles remain for approving a new trade pact between the United States, Canada and Mexico, rejecting President Donald Trump’s call for prompt votes on a replacement for the North American Free Trade Agreement, NAFTA. Last year, the administration made good on one of Trump’s main campaign promises – negotiating …

Joyce Huang contributed to this report. BEIJING – An online campaign protesting the long hours Chinese high-tech employees work has gone viral on the Internet in China. At the same time, it is putting an uncomfortable light on the labor practices of China’s biggest high-tech firms. The campaign known as 996.icu may have been small …

Joyce Huang contributed to this report. BEIJING – An online campaign protesting the long hours Chinese high-tech employees work has gone viral on the Internet in China. At the same time, it is putting an uncomfortable light on the labor practices of China’s biggest high-tech firms. The campaign known as 996.icu may have been small …

Britain’s government redoubled its efforts Thursday to win over the main opposition party in a last-gasp bid to avoid a chaotic exit from the European Union next week. The latest round of talks came after lawmakers tried to safeguard against a doomsday ending to the 46-year partnership by fast-tracking a bill Wednesday night seeking to …

Britain’s government redoubled its efforts Thursday to win over the main opposition party in a last-gasp bid to avoid a chaotic exit from the European Union next week. The latest round of talks came after lawmakers tried to safeguard against a doomsday ending to the 46-year partnership by fast-tracking a bill Wednesday night seeking to …

South Korea on Friday launches the world’s first nationwide 5G mobile networks, a transformational leap that has superpowers sparring for control of an innovation that could change the day-to-day lives of billions of people. The fast communications heralded by fifth-generation wireless technology will ultimately underpin everything from toasters to telephones, from electric cars to power grids.  …

South Korea on Friday launches the world’s first nationwide 5G mobile networks, a transformational leap that has superpowers sparring for control of an innovation that could change the day-to-day lives of billions of people. The fast communications heralded by fifth-generation wireless technology will ultimately underpin everything from toasters to telephones, from electric cars to power grids.  …

Trucks inched through traffic Wednesday and some stores reported fewer customers in U.S.-Mexico border towns as staffing shortages tied to a surge in asylum seekers slowed checkpoints and threats of a complete closure of the border scared shoppers. U.S. President Donald Trump reiterated his threat to close the border, or parts of it, saying Congress could avert such a shutdown …

White House economic adviser Larry Kudlow said Wednesday that U.S. trade talks with China are continuing to progress as negotiations between the world’s two biggest economies resume in Washington this week. Kudlow told reporters that the two countries made good headway in Beijing last week, with China acknowledging such problematic issues as the theft of …

The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign leaders would take part in …

The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign leaders would take part in …

Trade tensions between China and the United States are putting a drag on economies in the region, with growth likely to continue to slow in the coming two years, the Asian Development Bank says in a report released Wednesday.   The Manila, Philippines-based regional lender’s latest economic outlook forecasts that growth in developing Asia will …

Trade tensions between China and the United States are putting a drag on economies in the region, with growth likely to continue to slow in the coming two years, the Asian Development Bank says in a report released Wednesday.   The Manila, Philippines-based regional lender’s latest economic outlook forecasts that growth in developing Asia will …

Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement. In its first review of its association with 19 key industry groups, Shell said it …

Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement. In its first review of its association with 19 key industry groups, Shell said it …

The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6 percent, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7 percent forecast issued in September — reflects how quickly the prospects for global business …

The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6 percent, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7 percent forecast issued in September — reflects how quickly the prospects for global business …

On April 4th, 2019, NATO members will mark the 70th anniversary of the signing of the North Atlantic Treaty — part of a successful effort to contain Soviet expansionism and to cajole the war-torn nations of Western Europe to forsake ancient enmities and to forge solidarity.  But for the transatlantic alliance to continue, Europe will …

On April 4th, 2019, NATO members will mark the 70th anniversary of the signing of the North Atlantic Treaty — part of a successful effort to contain Soviet expansionism and to cajole the war-torn nations of Western Europe to forsake ancient enmities and to forge solidarity.  But for the transatlantic alliance to continue, Europe will …

NATO foreign ministers are gathering in Washington, D.C. this week to celebrate the 70th anniversary of the North Atlantic Treaty Organization. President Donald Trump has been critical of the alliance, blasting other members for under-investing on defense and relying too heavily on the United States. Observers will be watching closely to see how the alliance …