LOS ANGELES (AP) — After announcing that he’ll take the first-ever commercial rocket trip around the moon, Yusaku Maezawa said he wants company for the weeklong journey. The Japanese billionaire said he plans to invite six to eight artists, architects, designers and other creative people to join him on board the SpaceX rocket “to inspire the dreamer in all of us.” …read more […]
China’s foreign ministry said on Tuesday that talks on an equal footing are the only correct way to resolve trade issues with the United States, after U.S. President Donald Trump imposed 10 percent tariffs on about $200 billion worth of Chinese imports.
China said on Tuesday it has no choice but to retaliate against new U.S. trade tariffs, risking even stronger action from President Donald Trump in an escalation of the trade war between the world’s largest economies.
China has no choice but to retaliate against the latest U.S. tariffs and hopes the United States would correct its behavior, the commerce ministry said on Tuesday in a statement, without specifying what actions it will take.
Asian shares rebounded on Tuesday as Chinese markets proved resilient to a new round of tariffs from the United States although the mood was cautious as investors braced for a further escalation of tensions between the two giants. U.S. stock futures reversed early losses, with E-Minis for the S&P 500 (ESc1) and the Dow (1YMc1) up slightly. Investors were nervous after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports, and warned of duties on more products if China took retaliatory action. …read more […]
Asian shares rebounded on Tuesday as Chinese markets proved resilient to a new round of tariffs from the United States although the mood was cautious as investors braced for a further escalation of tensions between the two giants.
The Renault-Nissan alliance has picked Google’s Android operating system to power its next-generation media system, the Wall Street Journal reported on Tuesday.
The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the strategic minerals.
The impact on China’s economy from Beijing’s and Washington’s ongoing trade war is not significant, but the impact on stock and currency markets needs to be watched, an adviser to China’s central bank said on Tuesday.
Ferrari’s new boss will explain on Tuesday how he intends to deliver on mid-term targets, aiming to convince investors the supercar maker can maintain the pace set by his illustrious predecessor.
WASHINGTON/TIANJIN (Reuters) – U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations. China is reviewing plans to send a delegation to Washington for fresh talks in light of the U.S. decision, the South China Morning Post reported on Tuesday, citing a government source in Beijing, raising the risk of a prolonged trade battle between the world’s largest economies that could hit global growth. U.S. trade actions against China will not work as China …read more […]
German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier. The Audi e-tron midsize SUV will be offered in the United States next year at a starting price of $75,795 (£57,656) before a $7,500 tax credit. It is one of a volley of electric vehicles coming from Volkswagen AG (VOWG.DE) brands, as well as other European premium brands including Daimler-owned (DAIGn.DE) Mercedes-Benz, BMW (BMWG.DE), Volvo …read more […]
TOKYO/SYDNEY (Reuters) – Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world’s two biggest economies. …read more […]
Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world’s two biggest economies.
U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations.
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