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
April 25 (Reuters) - Verizon Communications Inc started taking preorders for Samsung's first 5G smartphone in the United States on Thursday, and said it would launch the high-speed wireless service in 20 more cities after Chicago and Minneapolis.
Verizon said customers pre-ordering the device can get up to $650 off on the Samsung Galaxy S10 5G if they switch to its network and trade in their older phones.
The Samsung 5G phone, exclusive to Verizon for a limited time, will be available in the telecom operator's stores from May 16 with a starting price of $1,299.
Users in Chicago and Minneapolis can currently use Verizon's 5G network by using a Motorola Z3 mobile and a 5G "Moto Mod," a physical magnet-like attachment for the phone.
Washington DC, Houston, Dallas and Boston are some of the cities that made it to Verizon's 5G list.
Rival AT&T launched its 5G network in 12 U.S. cities in December. However, its network is available only to consumers using a mobile hotspot device, not on 5G phones. (Reporting by Sayanti Chakraborty in Bengaluru Editing by Saumyadeb Chakrabarty)