A container ship unloads its cargo at the main port terminal in Long Beach, California. Agence France-Presse
China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as US tariffs and weaker domestic demand ramped up pressure on new orders for goods.
The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan.
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.
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in US seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing.
Mubadala Investment Company, through its healthcare arm, has signed a memorandum of understanding (MoU) with Nirvana Travel and Tourism to formalise their intention to collaborate on projects that will support a key Abu Dhabi Vision 2030
Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid School of Government (MBRSG) to jointly build a framework of excellence
German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.
The Dubai International Financial Centre (DIFC) Courts on Sunday released its figures for the first half of 2019, with a total volume of 463 cases across all divisions for the first six months of 2019, a 25 per cent increase from the first half of 2018.