Beijing on Thursday accused the United States of hypocrisy in response to accusations by President Joe Biden that China is “xenophobic” and “cheating” on trade. “I would like to ask him: are you talking about China or the US itself?” foreign ministry spokesman Lin Jian said, when asked about the comments. In a speech Wednesday […]
BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...
GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
In a meeting organised by People Before Profit, the activist and author will deliver his talk at 7pm in St Columb’s Hall. Allen is the author of several books on US politics, foreign policy and Labour relations. These include, Vietnam the Last War the US lost, and his most recent book on the struggle for Trade Union rights within United Parcel Service. Allen has been active in radical politics for over four decades. Speaking ahead of the event on Wednesday evening in Derry, a spokesperson for...
By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]
President-elect Lai Ching-te says he is 'very much looking forward to China having the confidence to engage with the elected and legitimate government that the Taiwan people have entrusted. That is the right way for cross-strait exchange.'
Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade. Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year. The companies are seen as important bellwethers due to dominant positions atop their...
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.
A U.S. judge has tossed out a series of civil lawsuits against a Libyan military commander who used to live in Virginia and was accused of killing innocent civilians in that country’s civil war. At a court hearing Friday, U.S. District Judge Leonie Brinkema said she had no jurisdiction to preside over a case alleging […]
The prospect of a war between Iran and Israel is believed to have affected Bangladesh’s capital market. Due to the disruption of import trade in the country, triggered by the Russia-Ukraine war, the profits of most of the listed companies had already decreased during this economic recession, and this time, it has also spread fear in the capital market. Market analysts say there is no direct trade with Iran in Bangladesh. As a result, listed companies are less likely to…
By MATTHEW BARAKAT Associated Press ALEXANDRIA, Va. (AP) — A U.S. judge has tossed out a series of civil lawsuits against a Libyan military commander who used to live in Virginia and was accused of killing innocent civilians in that country’s civil war. A federal judge in Alexandria, Virginia, ruled Friday that he had no
A U.S. judge has tossed out a series of civil lawsuits against a Libyan military commander who used to live in Virginia and was accused of killing innocent civilians in that country’s civil war