The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Tiger Woods is more valuable as an endorser than he is as a player, Angel Ilagan, Bridgestone Golf CEO, told CNBC in a recent interview.
In December 2016, Bridgestone Golf signed the golf legend to a multiyear deal to exclusively play with its Bridgestone balls. Yet as a result of ongoing back surgeries, Woods hasn't played a single game since the deal (and was also arrested on DUI charges).
Still, Bridgestone still saw record growth for the first half of the 2017 year.
"Tiger Woods has been very positive for the game. As you know with golf, we've been experiencing declines in the recent years, but with Tiger on board, it's bringing a lot of consumers back to the game and excitement to the game and to Bridgestone," Ilagan said on CNBC's "Power Lunch " last week.
Ilagan insisted that whether Woods plays or not, the golf industry is sure to continue to experience gains.
"He actually has more power as an endorser than he does as a player," the CEO said.
He added that Woods is "the Michael Jordan of golf" and "the single golfer who's had the greatest impact of bringing consumers into [the game]."
Ilagan's suggested that as long as Woods is around (on or off the green), the golf industry is safe.
"I think the industry is in a little bit of panic, although it really need not be," he added.