More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
Margrethe Vestager, the European Commissioner for Competition, told CNBC's Sara Eisen that one of her agency's primary goals in the Amazon investigation to protect consumers by ensuring competition and innovation.
EU regulators are questioning Amazon merchants about whether the company is using seller data to its advantage by replicating and selling its own version of products and undercutting smaller companies on its platform.
"It's too early to have a concern, but we like to understand how this is working because Amazon has this dual role," Vestager said to Eisen. "They host a lot of little guys and at the same time, they're a big guy in the same market. So how do they treat the data that they get from the little guy? Does that give them an advantage that cannot be matched?"
Vestager said that while the commission has heard concerns, it has not received formal complaints of such behavior.
Vestager has the power to fine companies up to 10 percent of their global turnover for breaching EU antitrust rules. Last year, she fined $5 billion because of its Android software and launched an investigation into Apple when it purchased the app Shazam.