United States

Tuesday, August 20th 2019 - 18:23 UTC
US extends reprieve, allows Huawei to buy US components

The United States will extend a reprieve that permits China’s Huawei Technologies to buy components from US companies to supply existing customers, the Commerce Department said on Monday, but it also moved to add more than 40 of Huawei’s units to its economic blacklist.
Tuesday, August 20th 2019 - 08:53 UTC
Brazil considering declaring Hezbollah a terrorist organization, but also weighs trade with Iran and Lebanese community

Brazil is considering designating Lebanese group Hezbollah a terrorist organization, as President Jair Bolsonaro increasingly aligns his government with the U.S. on foreign policy.
Tuesday, August 20th 2019 - 02:46 UTC
Amazon defeats IRS appeal on tax treatment of intangible assets

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a US$1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.
Tuesday, August 20th 2019 - 02:40 UTC
Airbnb revenue up 31% in first quarter and reached US$ 9.4bn

Airbnb Inc recorded US$9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.
Monday, August 19th 2019 - 22:07 UTC
Trump admits Apple's CEO “made a good case” on impact of US tariffs on Chinese imports

US President Donald Trump said on Sunday that he has spoken with Apple's chief executive Tim Cook about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung.
Monday, August 19th 2019 - 09:31 UTC
Iranian oil tanker finally leaves Gibraltar; US seizure request denied based on EU rules

The Iranian ship held by Gibraltar since July on suspicion of transporting oil to Syria has left port. Marine tracking shows the tanker moving east into the Mediterranean and lists Kalamata in Greece as the destination.
Saturday, August 17th 2019 - 09:09 UTC
Beware if traveling to US: airports clogged because of security systems outage

Thousands of travelers at US airports faced delays on Friday because of a nationwide outage of US Customs and Border Protection's (CBP) processing systems that lasted several hours.
Saturday, August 17th 2019 - 07:40 UTC
Trump's attempt to purchase Greenland, puts the Arctic in the geostrategic global map

President Donald Trump's reported wish to buy Greenland may have been rejected by Denmark, but it underscores the rapidly rising value of the massive, ice-covered island due to global warming and to China's drive for an Arctic presence.
Saturday, August 17th 2019 - 07:29 UTC
WTO agrees to a Beijing request for a dispute channel on solar channels and US tariffs

The World Trade Organization agreed on Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar panels violate international trade rules. The trade restrictions were imposed by Donald Trump's administration last year, part of a raft of measures initiated by Washington that have triggered a tit-for-tat tariff war between the world's top two economies.
Saturday, August 17th 2019 - 07:00 UTC
Trump reveals “productive” trade talks with Beijing and anticipates a “fairly short war”

US President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over US$125 billion worth of Chinese imports taking effect Sept 1.