by | May 23, 2019 | 23:30

For example, 74.9 percent of the two groups' members said they had experienced negative side effects of the trade dispute, according to CNBC . Last week the Trump administration added Huawei to the trade blacklist, which bans the Chinese telecoms giant from acquiring technology from United States firms without government approval.

by | May 22, 2019 | 22:43

In a company-wide memo seen by the BBC , ARM instructs its employees to end " all active contracts, support entitlements, and any pending engagements " with Huawei. The timing could barely be worse as Huawei prepares to unveil plans for a major new United Kingdom tech hub just a few miles from Arm's offices near Cambridge, where it had hoped to collaborate more with the chip firm.

by | May 22, 2019 | 22:02

Dressbarn is owned by Ascena Retail Group , which also owns chains including Ann Taylor , Loft, and Lane Bryant . The company did not give a date as to when it would officially close its stores. Ascena said in 2017 it planned to close hundreds of stores as it contended with a struggling brick and mortar retail market. The time frame of the closures, which includes 24 MA stores, has not been announced.

by | May 22, 2019 | 17:40

As imports fell more than exports, net exports - or shipments minus imports - added 0.4 percentage point to GDP growth, the data showed. It was the largest decline of exports since the 16.0 percent plunge marked in January-March 2009, shortly after the Lehman shock - the global economic crisis caused by the September 2008 collapse of USA investment bank Lehman Brothers.

by | May 22, 2019 | 11:57

Francisco Jeronimo, associate VP for devices at IDC, said Honor had been successful for Huawei with an appeal that went way beyond the young customer they were targeting. Question: Will Huawei products that are not yet launched be affected? " In terms of 5G technologies, others won't be able to catch up with Huawei in two or three years ", he said .

by | May 21, 2019 | 08:10

BJP President Amit Shah will meet leaders of National Democratic Alliance tomorrow ahead of the declaration of poll results on Thursday. In a major disappointment for the Congress-JDS coalition in Karnataka, various exit polls on Sunday gave the combine only between seven and nine seats in the just-concluded Lok Sabha elections.

by | May 21, 2019 | 03:26

Gartner analyst Tuong Nguyen said 48% of Huawei's phone shipments previous year were outside of China and the company will need to scramble not to lose market share. Shah added: "So all the apps from USA players will not be available out of the box and users will have to sideload it or Huawei will have to make it available via third party or own branded Android compatible app store which is going to be a enormous task for Huawei".

by | May 20, 2019 | 18:33

The over-the-air update tweaks the battery management software settings that administer charging and thermal controls in Tesla models. But let's unpack, briefly, what might be going on with these Teslas-and why there isn't necessarily cause to worry just yet.

by | May 20, 2019 | 18:28

Trump administration imposed tariffs a year ago, which caused serious tensions with Canada while negotiations for a new North American free trade agreement. Providing that Washington and Mexico City also announce an agreement to lift levies on steel and aluminium, the US, Mexico and Canada will ask their respective governments to ratify USMCA.

by | May 20, 2019 | 18:00

Taiwan Semiconductor Manufacturing Co Ltd said it will maintain supplies for the time being even though it was assessing the impact of Washington's decision, the report said. This week's escalation of the United States campaign against Huawei has rattled investors. Ren's daughter, Huawei Chief Financial Officer Meng Wanzhou, was arrested in Canada in December in connection with the indictment.

by | May 20, 2019 | 12:02

Microsoft also talked about the launch of a decentralized identification tool on the Bitcoin blockchain. On Tuesday, Bitcoin's price has dropped sharply from $8,326 to $7,710 on the Coinbase exchange. "And that's very important, obviously, because bringing in that new sort of interest and demand into crypto could really push bitcoin to its all-time high".

by | May 18, 2019 | 04:32

The function can be requested while ordering any Uber Black or Uber Black SUV and is advertised as flawless for those who "need to respond to emails or are in the mood fora nap". There is no word on whether these perks-especially the coveted " quiet preferred " option-will eventually trickle down to the company's low-priced Uber X service.

by | May 16, 2019 | 10:43

But the US says China is trying to meet its aspirations by stealing trade secrets, coercing technology transfers, subsidizing its own firms and burying in red tape foreign companies that want to compete in the Chinese market. Authorities have for years been attempting to transition the world's No. 2 economy from being reliant on state investment and exports to a more stable one driven by China's huge army of consumers, with the tariffs standoff reinforcing the need for such a change.

by | May 15, 2019 | 14:30

The retail giant is trying to find new ways to add to its delivery network as it seeks to speed packages in parts of the United Kingdom to as little as one hour through its Prime delivery service. The offering is the latest effort by Amazon to discourage its workers from staying if they don't want to stay. "Customer demand is higher than ever and we have a need to build more capacity", he said previous year.

by | May 15, 2019 | 05:42

When a bond's price falls, its yield rises, and the yield on the 10-year Treasury rose to 2.41% from 2.40% late Monday. The S&P 500 index was up 22.54 points at 2,834.41, while the Nasdaq composite was up 87.47 points at 7,734.49. This is not something that's going to be resolved tomorrow and anybody who says they know exactly how this will play out is spinning a yarn, ' said Luken.

by | May 14, 2019 | 13:56

Reacting to the news that the Trump administration, as a final step, might levy a 25 percent tariff on every import from China , Dobbs incorrectly portrayed the move as a potentially huge windfall for the federal government's coffers. They said the effects of the tariffs had spilled over noticeably to the prices charged by USA producers competing with goods affected by the levies.

by | May 14, 2019 | 07:08

White House economic adviser Larry Kudlow acknowledged Sunday that US consumers and businesses pay the tariffs. The hearing is part of Mr Trump's escalating trade offensive against Beijing. Global equities fell sharply on Monday as hopes of an imminent trade deal between the world's two largest economies were crushed. The latest tensions "raise fresh doubts about this recovery path", said Morgan Stanley economists Robin Xing, Jenny Zheng and Zhipeng Cai in a report.

by | May 14, 2019 | 06:43

Past year the Saudi government twice claimed Houthi rebels attacked crude tankers in transit in waters off Yemen, and threatened to divert ships from the Red Sea. UAE authorities said on Monday the incident is still under investigation, but whatever occurred, the affected ships were anchored off the coast of the Emirates near the Strait of Hormuz when it occurred.

by | May 14, 2019 | 04:24

Tariffs will be imposed on 5,140 United States products with an annual value of about $60bn (£46bn) from 1 June, the Chinese finance ministry said on Monday. In the short term, the US insistence on a protectionist mentality will highlight the importance of the Belt and Road Initiative (BRI) to Asian, Latin American and African countries.

by | May 14, 2019 | 02:15

China has said it will retaliate, and may target the US agriculture heartland that is a wellspring of political support for the president. "Although there will be some pressure, I believe China's economy will continue to develop smoothly, healthily, in a good state", he said.

by | May 13, 2019 | 21:55

The U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple Inc of monopolizing the market for iPhone software applications and forcing them to overpay, rejecting the company's bid to escape claims that its practices violate federal antitrust law.

by | May 13, 2019 | 20:22

By a 5-4 margin, the high court chose to uphold a lower court's decision to permit a lawsuit by consumers to go forward. Apple's response: Because the App Store is a marketplace, Apple isn't responsible for how developers price their apps. In that case, the court limited damages for anti-competitive conduct to those directly overcharged rather than indirect victims who paid an overcharge passed on by others.

by | May 13, 2019 | 17:25

Uber had at one stage considered raising significantly more at a valuation of up to $120bn, but trimmed its target following a weak debut for its biggest rival, Lyft , last month. The much-awaited Uber Technologies shares stumbled on its debut on Friday with the share price opening below the IPO price level set by the company.

by | May 13, 2019 | 16:16

UBS economists said Beijing might raise tariffs on $60 billion of US goods and cancel an agreement to postpone a duty increase on imported American autos. Potomac Wealth Advisors President Mark Avallone on the impact of US trade talks with China on the markets and economy. "The president and his administration have failed to realize we're stronger when we work with our allies on every issue - China included", she said on CNN's "State of the Union".

by | May 13, 2019 | 11:26

The hardline stances of the United States and China make it increasingly unlikely that the latest round of trade talks will break the impasse and de-escalate the tariff war. "For many years, China trade was unfair, non-reciprocal, unbalanced in many cases, unlawful". Kudlow also acknowledged that China doesn't pay the tariffs, in contrast to Trump, who has repeatedly tweeted that China pays the tariffs and in doing so transfers wealth to the United States.