Rio Tinto CEO not worried about China
Rio Tinto CEO Jean-Sebastien Jacques says he's monitoring global growth closely--but he's not worried about the demand in China. He spoke to Bloomberg at the China Development Forum in Beijing over the weekend.
Trump says China tariffs to stay
President Trump says tariffs on China will stay in place until he’s sure that Beijing is complying with any trade deal. His comments now dim hopes that the two nations will agree to roll back duties as part of a lasting truce.
The Boeing 737 Max 8 plane
The recent crash of an Ethiopian Airline aeroplane has brought so much attention to the Boeing 737 Max 8 aircraft. Here are some key facts about the American-made narrow-body aircraft:
Countries ground 737 Max 8
Sundays crash of an Ethiopian Airline MAX 8 plane that killed all passengers and crew member has drawn attention to the safety of the MAX 8. Many countries including UK, Australia, Nigeria, South Africa, China have suspended the operation of the Max 8 pending when civil aviation authorities give it clearance to take flight again.
Boeing's lost $24 Billion in market cap in two days
Boeing’s crisis of confidence continues with a growing number of countries and airline carriers suspending flights of the 737 Max 8 aircraft. The suspensions include the governments of the EU, China, Australia, New Zealand, Singapore, India and Malaysia. But not the U.S. yet.
Huawei sues US over security ban on firm's products
China's digital giant Huawei has filed a lawsuit against the US government before a Texas court, challenging Washington's ban on using the firm's equipment in state agencies. Huawei also accused the US of hacking it.
Can India become the next China for carmakers?
Car sales in China have been plummeting and the persisting slump leaves automakers with few places to go for sales growth. India's economic and demographic trends make it a promising market. But success is tough.
China Said to propose $30 Billion more U.S. agriculture imports
China is proposing that it could buy an additional $30 billion a year of U.S. agricultural products including soybeans, corn and wheat as part of a possible trade deal being negotiated by the two countries, according to people with knowledge of the plan.