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
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MILAN, May 6 (Reuters) - Telecom Italia (TIM) said on Monday former UniCredit executive Giovanni Ronca will become its new chief financial officer from June 17.
Ronca will replace Piergiorgio Peluso, who will move to a new role focusing on the group's strategic projects and special operations.
These include the possible creation of a single broadband network with rival Open Fiber and the merger of Vodafone's tower infrastructure with that of INWIT, the masts group 60-percent owned by Telecom Italia.
The change of CFO was decided by Telecom Italia's Chief Executive Luigi Gubitosi, a source with knowledge of the situation said.
Gubitosi, who became CEO of the Italian phone group in November, aims to revive the former monopoly, saddled with 25 billion euros of debt.
(Reporting by Elvira Pollina. Editing by Jane Merriman)