Economy

Beijing, Washington to have in-depth trade talks | #AsiaNewsNetwork

Beijing, Washington to have in-depth trade talks | #AsiaNewsNetwork US President Donald Trump asked China to "stop playing around" and do a "Real Deal" in the wake of slowing economic figures amid US-China trade friction. businesses and reduce other non-tariff barriers to American products. China - Pyongyang's sole diplomatic ally and main source of trade - said it would not use Kim's visit as a bargaining chip in the USA trade talks. [Full Article...]

Amazon tests delivery robots in Snohomish County

Amazon tests delivery robots in Snohomish County An electric-powered, self-driving robot on wheels called Amazon Scout is now delivering packages in a neighborhood in Snohomish County, Washington. The autonomous delivery device, Amazon Scout , is created to get packages to customers. [Full Article...]

Boeing's flying car lifts off in race to revolutionise urban travel

Boeing's flying car lifts off in race to revolutionise urban travel Boeing's Autonomous Passenger Air Vehicle (PAV) prototype is shown during an inaugural test flight, in Manassas, Virginia, U.S., January 22, 2019. Boeing, for its part, seems to be the farthest along of them all. Boeing did not announce when the two VTOLs are supposed to be ready. According to a report previous year in Bloomberg , the company's Chief Executive Officer, Dennis Muilenburg, said... [Full Article...]

Tesla gets green light to sell Model 3 in Europe

Tesla gets green light to sell Model 3 in Europe A Tesla spokeswoman issued a statement confirming that the company had reduced production hours for the Model S and Model X. The decision was linked to chief executive officer Elon Musk's pronouncement earlier this month that the company would stop accepting orders for entry-level versions of the Model S and Model X starting January 14. [Full Article...]

Email: TSA makes plea for backup as shutdown drags on

Email: TSA makes plea for backup as shutdown drags on The number of Transportation Security Administration workers calling in sick amid the federal shutdown has reached almost 8 percent, the agency said Tuesday. The agency said that on Sunday it screened 1.78 million passengers, and only 6.9 percent - roughly 120,000 people - had to wait 15 minutes or longer to get through security. [Full Article...]

Drones Force Temporary Ground Stop On Newark Airport Arrivals

Drones Force Temporary Ground Stop On Newark Airport Arrivals The airport, operated by the Port Authority of NY and New Jersey , said it was "supporting all federal law enforcement authorities as they investigate this incident", in a statement posted on Twitter. It said the impact on its operations had been minimal. Normal operations resumed at the airport at around 7 p.m. ET, airport authorities said. In January, London's Heathrow airport was close... [Full Article...]

China demands US withdraw request for Canada to extradite Huawei executive

China demands US withdraw request for Canada to extradite Huawei executive As one of our loyal readers, we ask you to be our partner. The Canadian Ambassador to the U.S., David MacNaughton , revealed in an interview earlier this week that the U.S. A US Justice Department spokesman said: "We will comment through our filings". Meanwhile, China's Foreign Ministry on Tuesday reiterated calls for Meng's immediate release and said her case clearly was "not a regular jud... [Full Article...]

Maruti Baleno Facelift official bookings start before launch

Maruti Baleno Facelift official bookings start before launch This indicates that Maruti Suzuki might launch the facelift of the Baleno sometime soon. From the new features the company has introduced with the facelift, the Sigma grade includes front passenger SBR, black and blue interior and speed alert system. [Full Article...]

IMF Slashes Saudi Growth Outlook On Lower Oil Prices, Production

IMF Slashes Saudi Growth Outlook On Lower Oil Prices, Production They represent cuts of 0.2 and 0.1 percentage points from the IMF's projections in October. IMF Chief Economist Gita Gopinath said global growth is weakening at a faster than expected pace and the risks have escalated. However, we believe the risks to more significant downward corrections are rising'. According to the International Monetary Fund, the global growth forecast for 2019 and 2020 ... [Full Article...]

Why China’s death penalty for Canadian was anything but ‘arbitrary’

Why China’s death penalty for Canadian was anything but ‘arbitrary’ David MacNaughton, Canada's ambassador to the USA, told the newspaper that the US will file the formal request needed in the extradition case before a January 30 deadline. Canada is one of over 100 countries with which the United States has extradition treaties. "Kovrig and Spavor's detentions send a message that this kind of constructive work is unwelcome and even risky in China", read the pa... [Full Article...]

China's economy expands 6.6 pct in 2018

China's economy expands 6.6 pct in 2018 Before the population data was released, Chinese experts forecast that the number of birth for a year ago would continue to fall due to causes such as rapid decline in the number of women at childbearing age and people's lack of willingness to have more babies. [Full Article...]

IMF warns trade confrontations, uncertainty threaten global growth

IMF warns trade confrontations, uncertainty threaten global growth While billionaires saw their combined fortunes grow by $2.5 billion each day previous year, the world's 3.8 billion poorest saw their relative wealth decline by 11 percent. Rising trade tensions pose a major risk to the world economy. But the organization said a slowdown in China could be "faster than expected", potentially spooking financial markets. [Full Article...]

United Airlines passengers delayed on board plane for 16 hours

United Airlines passengers delayed on board plane for 16 hours Dutt says all the passengers were moved to a rescue plane Sunday afternoon and will hopefully be on their way back to Newark soon, though he was left disappointed by the experience. With food running low, Goose Bay officials provided the almost 250 passengers with coffee and doughnuts from Tim Horton's after almost 10 hours into their diversion. [Full Article...]

China economy grows at slowest pace in 28 years

China economy grows at slowest pace in 28 years Growth in the fourth quarter came in at 6.4 percent, down from 6.5 percent seen in the third quarter, the NBS said . The state-run Global Times , for example, called the growth rate "reasonable", insisted the consumer economy is still humming along and blamed American "unilateralism" for the loss of confidence in Chinese markets. [Full Article...]

Google fined $57 million under European privacy law

Google fined $57 million under European privacy law CNIL said it had levied the record fine for "lack of transparency, inadequate information and lack of valid consent regarding ads personalisation". The commission said Google users were "not sufficiently informed" about what they were agreeing to as the company collected data for targeted advertisements. [Full Article...]

Tesla to cut jobs as cars 'too expensive'

Tesla to cut jobs as cars 'too expensive' While the automaker did not state the actual number of jobs being cut, analysts estimated a figure of 3,150 based on the 45,000 total number of employees that Tesla CEO Elon Musk said the company employed. This quarter, as with Q3, shipment of higher priced Model 3 variants (this time to Europe and Asia) will hopefully allow us, with great difficulty, effort and some luck, to target a tin... [Full Article...]

China's 2018 economic growth sinks to 3-decade low

China's government has been pushing to shift away from export-led growth to depend more on domestic consumption. India, the world's second most populous nation, has also been experiencing slower population growth. Chinese policymakers have pledged more support this year to reduce the risk of a sharper slowdown, but they have ruled out a "flood" of stimulus like Beijing has unleashed in the p... [Full Article...]

Trump offers a ‘Dreamers’ deal for border-money proposal to end shutdown

Trump offers a ‘Dreamers’ deal for border-money proposal to end shutdown Trump appealed to "rank-and-file" Democratic lawmakers, hoping to peel them away from leadership, but many issued statements of opposition moments after his 13-minute speech. The proposal was immediately rejected by Democrats and derided by conservatives as amnesty. "In order to build the trust and good will necessary to begin real immigration reform", stated Trump. [Full Article...]

China Reportedly Offered to Go On Spending Spree to Cut Trade Deficit

China Reportedly Offered to Go On Spending Spree to Cut Trade Deficit Both groups of shares have been sensitive to trade developments. Also helping to buoy stocks Friday were dovish comments made by New York Federal Reserve President John Williams. Investors celebrated the potential positive progress in U.S. Threats including the U.S. 'The story was probably not as interesting as the headlines suggested, as the story states that the proposal comes from treasury ... [Full Article...]

IEA lowers Q2, Q3 'call' on OPEC crude oil estimates

IEA lowers Q2, Q3 'call' on OPEC crude oil estimates OPEC crude oil production has fallen in December. U.S. West Texas Intermediate (WTI) crude futures were up 33 cents, or 0.63 percent, at $52.40 per barrel. EST (1606) GMT. Moreover, even if Russian refiners sell their high-sulfur fuel oil to industries other than the shipping sector, they would still be unable to fully offset lost revenues from decreased demand and depressed prices of HSFO. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101  Next »