A Federal Express delivery truck is shown in downtown Los Angeles. Reuters
China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.
European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China’s Huawei Technologies offset a slightly more positive tone on trade.
Huawei subsidiary Hisilicon said that it had long been anticipating the possibility that the firm could one day be unable to obtain chips and technology from the United States and had prepared to soften any impact.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment flows into Dubai in 2019 continued to grow remarkably,
The United States and India are racing to negotiate a limited trade deal that US President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September,
The inaugural edition of the EuroTier Middle East 2019 that concluded at the Abu Dhabi National Exhibition Center recently facilitated trade deals worth Dhs100 million, and attracted over 10,892 visitors during its three-day run,