UPS CEO Abney says succession plan unchanged by COO’s retirement
David Abney, chairman, and chief executive officer at UPS, discusses third-quarter results, the U.S.-China trade war, succession questions surrounding the retirement of Chief Operating Officer Jim Barber, and drone delivery plans. He speaks with Bloomberg’s David Westin on “Balance of Power.”
U.S. currency manipulation threat puts Asians on guard
Asia is bracing for the latest U.S. Treasury report on foreign currency manipulators, coming in the middle of a trade war that shows no sign of ending. The twice-yearly report is due in coming weeks and will likely see the return of Singapore, Malaysia and Vietnam on the watchlist. Nasreen Seria reports on "Bloomberg Markets: Asia."
American farmers feel heat from trade war with China
President Trump is betting he can stay on their good side despite launching a trade war that has cut them off from one of their most important export markets. He has billions of reasons to believe that. You can read the whole story in the latest edition of Bloomberg Businessweek.
New round of US-China trade tariffs worth $200 billion takes effect
The introduction of an additional 15% tariff on thousands of goods has ratcheted up the Trump-Xi trade war. Although fresh trade talks will resume later this month, Washington and Beijing continue the tough rhetoric.
Tariffs take the cake in fed debate
Central bankers from around the world gathered in Jackson Hole against a backdrop of recession fears and escalating trade tensions. Risk assets sold off after China announced retaliatory tariffs right as comments emerged from Fed Chairman Jay Powell Out of Wyoming. Bloomberg's Lisa Abramowicz sat down with Voya’s Matt Toms, Aberdeen’s Luke Hickmore and Jim Keegan of Seix Investments to discuss just how low treasury yields could go and whether the trade war would last longer than a boost from a fed rate cut.
Tracking global market expectations from G20 summit
U.S and China have tentatively agreed to a trade war truce ahead of the G-20 summit scheduled to commence today in Osaka, Japan. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to discuss expectations for the summit and for a focus on the global oil markets.
Vietnam, Taiwan winning the US-China trade war
Vietnam has emerged as the biggest beneficiary as importers in China and the US look to skirt tit-for-tat tariffs, a report shows. But it warns the findings don't tell the full story of the overall impact of the dispute.
Huawei Founder Ren Calls Apple His Teacher
Huawei is pushing back against talk that China could target Apple in the trade war, saying there is much to learn from its American rival after overtaking it to become the world's second largest smartphone maker earlier this year. Founder Ren Zhengfei told us why he still considers Apple to be his teacher. He spoke exclusively to Bloomberg's Tom Mackenzie at Huawei's headquarters in Shenzhen.
Brazil, Argentina, Mexico, Canada can benefit from trade war: Algebris
Alberto Gallo, portfolio manager at Algebris Investments, discusses the U.S.-China trade war and how the adjustment of global supply chains could benefit countries like Brazil, Argentina, Mexico and Canada.