Articles by admin

Jan.12 — After three years of tweets and tariffs, President Donald Trump has arrived at his China moment. With the signing Wednesday of a “phase one” deal that includes Chinese commitments to respect American intellectual property, not manipulate its currency, and a U.S. expectation for $200 billion in new purchases that should help reduce a yawning trade deficit and repair some of the damage suffered by farmers, Trump will deliver at least a partial agreement many skeptics doubted was ever possible. Bloomberg’s China correspondent and anchor has the story. …read more […]

(Bloomberg) — Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.The threat of an outright war has receded since Tehran fired missiles at U.S.-Iraqi bases last week in retaliation for Washington’s assassination of its top general. The situation in Iran remains volatile, however, amid protests against the government’s accidental downing of a commercial airliner. In Libya, warring factions have called a cease-fire in their nine-month conflict.Oil prices are now back where they were …read more […]

Ford Motor Co’s China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker delivered 146,473 vehicles in China in the fourth quarter, down 14.7% year-on-year, Ford said in a statement. Ford has been trying to revive sales in China after its business began slumping in late 2017. …read more […]

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]

Jan.12 — Shelley Rigger, professor of political science at Davidson College, talks about the outcome of Taiwan’s elections. President Tsai Ing-wen of the ruling Democratic Progressive Party won a landslide victory over China-friendly opposition challenger Han Kuo-yu to clinch a second term in elections Saturday. Rigger speaks with Bloomberg’s Stephen Engle on “Bloomberg Daybreak: Asia.” …read more […]

(Bloomberg) — Siemens AG said it intends to honor a controversial contract to supply signaling systems to an Australian coal mine, defying the demands of activists that protested at locations in Germany on Friday.The company will establish a sustainability committee that will have the power to stop or escalate projects, but the company will ultimately continue with the Adani contract, Chief Executive Officer Joe Kaeser said in a statement on Sunday.“I do realize, most of you would have hoped for more,” Kaeser said in the statement. “While I do have a lot of empathy for environmental matters, I do need …read more […]

Segway has extended its product lineup far beyond its original two-wheeled upright vehicle. At CES 2020, one of the more interesting new micromobility inventions it debuted is the S-Pod, a chair that wraps around you, providing an extremely comfortable ride at speeds up to 24 miles per hour. …read more […]

By hiding within your existing door hardware, Level Lock brings smart lock functionality without changing the look of your door. …read more […]

(Bloomberg) — The first of Hong Kong’s new generation of digital banks has announced its arrival with a 6% introductory rate for deposits.ZA Bank Ltd., one of eight firms preparing to start digital-only banks in Hong Kong, has begun a trial run that pays a select group of depositors over 3 percentage points more than established banks such as HSBC Holdings Plc and Standard Chartered Plc. Though many doubt the new banks well be able to maintain such rates, the offer is a warning of upcoming competition for the the city’s $410 billion local currency time-deposit business.“This is more of …read more […]

Jan.12 — Taiwanese president Tsai Ing-wen won a landslide victory over China-friendly opposition challenger Han Kuo-yu to clinch a second term in elections Saturday. Stephen Engle speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.” …read more […]

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