Tag: businessNews

Mexico should seek tariff exclusion before closing NAFTA: steel lobby

MEXICO CITY (Reuters) – Mexico should seek exclusion from U.S. tariffs on steel imports before closing the renegotiation of the North American Free Trade Agreement (NAFTA), the country’s steel industry association CANACERO said in a statement on Wednesday. Citing national security concerns, U.S. President Donald Trump slapped tariffs on steel […]

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China’s CNPC takes over Total’s share in big Iran gas project: Iranian agency

DUBAI (Reuters) – China’s state-owned energy major CNPC has taken over the share in Iran’s multi-billion dollar South Pars gas project held by France’s Total (TOTF.PA), the Iranian state news agency IRNA reported on Saturday. FILE PHOTO: The logo of CNPC (China National Petroleum Corporation) is pictured at the 26th World Gas Conference in Paris, […]

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Ding! Alibaba office app fuels backlash among some Chinese workers

BEIJING/HANGZHOU, China (Reuters) – In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit elbow-to-elbow, working to attract the next million users for DingTalk, Alibaba’s workplace communication software. Their installation in the hallowed flat where Ma got his start in the eastern city of Hangzhou […]

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China restrained in trade tariffs and won’t accept U.S. ‘blackmail’: state media

BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmail. Shipping containers and cargo vessels are seen at the Dachan Bay Terminals in Shenzhen, Guangdong province, China July 12, 2018. REUTERS/Stringer Late on Friday, China’s finance […]

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State media says China’s response to latest U.S. tariffs restrained, rational

BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion in U.S. goods showed rational restraint, although in an opinion piece it still admonished the United States for blackmail and bullyboy tactics. Shipping containers and cargo vessels are seen at the Dachan Bay Terminals in Shenzhen, Guangdong province, China […]

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Democratic candidates told not to use ZTE, Huawei devices: source

WASHINGTON (Reuters) – The Democratic National Committee warned party candidates running in November elections not to use devices made by Chinese telecommunications companies ZTE Corp and Huawei Technologies because they pose a security risk, a Democratic source said on Friday. FILE PHOTO: People walk past a Huawei sign at CES (Consumer Electronics Show) Asia 2018 […]

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