A strike among pilots at Scandinavian Airlines has entered its fourth day with the carrier being forced to cancel 1,213 flights Monday and Tuesday, affecting some 110,000 passengers. The flag …
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IMF: US Sanctions Cutting Iranian Growth, Boosting Inflation
The International Monetary Fund is forecasting Iran’s economy to shrink by 6% this year as it faces pressure from U.S. sanctions. In a report released Monday, the IMF said its …
your ads here!Uber’s Stock Offering Terms Temper Expectations
Uber Technologies Inc., the world’s largest ride-hailing company, plans an initial public offering that values the company lower than the startup’s insiders had hoped, between $80.5 billion and $91.5 billion. The valuation, outlined …
your ads here!Foxconn Jobs, Tax Credits Could Be Renegotiated in Wisconsin
Wisconsin Gov. Tony Evers and Foxconn Technology Group officials are talking about making changes to the contract signed in 2017 that was based on constructing a larger display screen manufacturing …
your ads here!Amazon Aims to Bring One-day Delivery to Prime Members Around Globe
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that might curb future …
your ads here!US Adds Chinese e-commerce Site to ‘Notorious’ List for IP Protection
The U.S. Trade Representative said on Thursday it has added Pinduoduo.com, China’s third-largest e-commerce platform, to its “notorious markets” list for a proliferation of counterfeit products, as the agency also …
your ads here!Brent Oil Hits $75 For First Time in 2019 as Russian Exports Cut
Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the …
your ads here!South Korean Economy Shrinks Unexpectedly in 1st Quarter
South Korea’s economy unexpectedly shrank in the first quarter, marking its worst performance since the global financial crisis, as government spending failed to keep up the previous quarter’s strong pace …
your ads here!Facebook Beats Profit Estimates, Sets Aside $3B for Privacy Penalty
Facebook on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside …
your ads here!Trump’s Fed Pick Moore Draws Fire From Democrats; Republicans Silent
Stephen Moore, the economic commentator that U.S. President Donald Trump has said he will nominate to the Federal Reserve Board, is drawing new fire from top Democrats for his comments …
your ads here!Boeing Reports Lower Profits Amid 737 MAX Crisis
Boeing reported lower first-quarter profits Wednesday as the global grounding of its 737 MAX plane following two crashes hit results. The US aerospace giant reported $2.1 billion in profits, down …
your ads here!Apparel Sector a Reminder That Vietnam and China Must Get Along
Vietnam this week just celebrated the fact it has survived nearly a millennium of independence from China, which previously ruled the smaller neighbor for nearly as long. Much is made …
your ads here!US Negotiators to Visit China Next Week for New Round of Trade Talks
The White House says two senior economic officials will travel to China next week to continue negotiations aimed at resolving the two economic giants ongoing trade war. A statement issued …
your ads here!Analysts: China Trying to Use Belt and Road Meeting to Counter US Influence
China is getting ready to welcome representatives from 150 nations, including senior leaders of 40 countries, to discuss its international infrastructure program at the second Belt and Road Forum, beginning …
your ads here!Treasury’s Mnuchin Fails to Meet Deadline to Hand Over Trump Tax Returns
U.S. Treasury Secretary Steven Mnuchin on Tuesday failed to meet a final congressional deadline for turning over President Donald Trump’s tax returns to lawmakers, setting the stage for a possible …
your ads here!Trump Adviser Kudlow ‘Cautiously Optimistic’ on Trade Deal with China
A top White House economic adviser said on Tuesday the United States and China were making progress in trade negotiations and he was “cautiously optimistic” about the prospects for striking …
your ads here!US Charges 2 Chinese Engineers with Stealing Trade Secrets
The Justice Department on Tuesday announced indictments against two Chinese nationals accused of working together to steal trade secrets from General Electric. Xiaoqing Zheng pleaded not guilty Tuesday in U.S. …
your ads here!Back to Same Record, But It’s a Different Stock Market
Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it. The S&P 500 …
your ads here!Tencent Invests in Argentine Mobile Banking Startup
Chinese tech giant Tencent Holdings has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up’s founder said. Uala …
your ads here!Crisis-hit Greeks Foot Steep Bills for Health and Education
Every month, when his respiratory medicine runs out, Dionysis Assimakopoulos heads to the most unlikely pharmacy in Athens. Amid derelict stadiums dating from the 2004 Athens Olympic Games, the volunteer-staffed …
your ads here!Crisis-hit Greeks Foot Steep Bills for Health and Education
Every month, when his respiratory medicine runs out, Dionysis Assimakopoulos heads to the most unlikely pharmacy in Athens. Amid derelict stadiums dating from the 2004 Athens Olympic Games, the volunteer-staffed …
your ads here!Samsung Delays Launch of Folding Galaxy Smartphone
Samsung said Monday it was delaying the launch of its folding smartphone after trouble with handsets sent to reviewers. Some reviewers who got their hands on the Galaxy Fold early …
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