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
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread 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
Lloyd Blankfein, the head of Goldman Sachs, has come out in favor of a second vote on Britain's membership of the European Union.
In a tweet Thursday afternoon, Blankfein, an American, said that in the U.K. many chief executives were wanting a confirmation vote.
The Goldman boss said: "So much at stake, why not sure make consensus still there?"
It isn't the first time that Blankfein has caused a stir over Brexit.
In October the Goldman chief hinted that London would lose out to the German city of Frankfurt as a financial center.
In the tweet, Blankfein said: "Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I'll be spending a lot more time there."
Just in case anyone missed the point, Blankfein ended the tweet with "#Brexit".
Germany's Frankfurt and Paris, France, have both pushed themselves hard as a replacement location for London-based firms in the financial industry worried about the effect of Britain leaving the European Union.
In June, Goldman Sachs said it would "very probably" at least double its headcount in Frankfurt, where it currently employs 200 people.