WASHINGTON: The US trade deficit fell 4.7 per cent to US$52.5 billion in September as the country recorded its first petroleum surplus, but overall imports and exports otherwise fell under the weight of rising global tariffs and a slowing world economy. Economists polled by Reuters had forecast ...
GENEVA: The ongoing trade war between the United States and China is harming both economies, the UN said on Tuesday (Nov 5), with a sharp drop in exports and higher prices for consumers. In a fresh report, the UN Conference on Trade and Development (UNCTAD) examined the repercussions of...
Chinese electric car startup Nio Inc and Intel Corp's self-driving car technology firm Mobileye on Tuesday said they would partner to develop autonomous vehicles for the consumer market in China and eventually other countries.
MOSCOW: Russian lawmakers on Tuesday backed legislation in a preliminary vote that would require all smartphones, computers and smart TV sets sold in Russia to come pre-installed with Russian software. The bill seeks to help Russian IT firms compete with foreign companies and would allow the ...
Facebook vowed Tuesday to step up monitoring for any attempt to use its platform to meddle in Taiwan's elections as the island's authorities say they face growing interference from China.
A New Zealand estate planning company, which made headlines when it trailed a four-day week last year, has seen a big productivity increase since it made the change permanent, with staff spending less time surfing the Internet.
Regulators should work together in recertifying the grounded Boeing 737 MAX airliner instead of pursuing separate approval processes, the head of the International Air Transport Association (IATA) said on Tuesday.
Fiat Chrysler and Peugeot owner PSA's pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market.
Conflicting signals make it difficult to get a handle on the true health of the U.S. economy and reducing uncertainty for businesses would provide a shot in the arm to growth, Richmond Fed Reserve Bank President Thomas Barkin said on Tuesday.
Steve Easterbrook, the chief executive officer of McDonald's Corp who was dismissed over the weekend, has resigned from Walmart Inc's board, the retailer said on Tuesday.
