Economy

U.S. opened criminal probe of Huawei for trade secret theft

U.S. opened criminal probe of Huawei for trade secret theft USA lawmakers have also banded together to ban chip sales to Huawei, ZTE, and other mainland companies to over sanctions violations. The moves came after Canadian authorities arrested Meng Wanzhou , Huawei's chief financial officer, last month at the request of American prosecutors. [Full Article...]

Shutdown bites U.S. economy hard

Shutdown bites U.S. economy hard In a letter , released to the media, Pelosi wrote to Trump that the US Secret Service was designated as the lead federal agency responsible for coordinating, planning, exercising and implementing security for National Special Security Events by Public Law 106-544, December 19, 2000. [Full Article...]

Burger King Shades Donald Trump for Misspelling 'Hamburgers'

Burger King Shades Donald Trump for Misspelling 'Hamburgers' Burger King trolled President Trump Tuesday - joking about the commander-in-chief's tweet that he had sprung for "1,000 hamberders" for Clemson's national champion football team. This isn't this first time Burger King has responded to a public figure in a cheeky tweet. Lots of hamburgers, lots of pizza, I think they'd like it better than anything we could give. [Full Article...]

Brexit: What's next now Theresa May's government has survived no-confidence vote?

Brexit: What's next now Theresa May's government has survived no-confidence vote? British Prime Minister Theresa May gestures as she speaks during a no confidence debate after Parliament rejected her Brexit deal, in London , Britain, on January 16, 2019 . After the results of the confidence vote were announced to cheers from her Conservative lawmakers, May said she believed parliament had a duty to find a solution that delivered on the 2016 Brexit referendum result. [Full Article...]

'Out of control': Taiwan says won't bow to China pressure

'Out of control': Taiwan says won't bow to China pressure The newspaper cited an anonymous "Beijing-based Chinese military expert" who delivered a scathing rebuke of America's approach to China . These bases, and other improvements to the PLA's ability to project power during the next decade, will increase China's ability to deter by military force and sustain operations overseas, the report said. [Full Article...]

China '18 trade surplus with United States at record $323B

China '18 trade surplus with United States at record $323B Trump wants Beijing to buy more American goods to narrow the yawning trade gap and allow foreign players better access and protection in the Chinese market. Trade with countries along the Belt and Road registered faster-than-average growth, with the trade volume standing at 8.37 trillion yuan, up 13.3 percent year on year. [Full Article...]

Edmonton air traffic controllers help kickstart national pizza drive for American counterparts

Edmonton air traffic controllers help kickstart national pizza drive for American counterparts Head of the Canadian Air Traffic Control Association, Peter Duffey, said: 'In the big scheme of things, sending some pizzas to people that are missing paychecks is a small gesture but the message that it sends them is a big gesture. USA air traffic controllers aren't being paid, Canadians show solidarity in cheesiest way possible Ever since the U.S. government shutdown, many federal employees have... [Full Article...]

Saudi Arabia goes beyond commitment to lowering oil product, export: minister

Saudi Arabia goes beyond commitment to lowering oil product, export: minister With regard to the United States sanctions against Iran, Mazrouei said the reduction does not include the participation of Iran, Venezuela and Libya, whose production has declined and may decline again in the future because of the exceptional circumstances of these countries, including sanctions on some of them. [Full Article...]

Huawei founder breaks years-long public silence to talk company security

Huawei founder breaks years-long public silence to talk company security Asked about the arrest of his daughter Meng on a U.S. extradition request, Ren said that he missed her, and he trusted the legal systems of the USA and Canada. out of business. "I personally would never harm the interest of my customers and me and my company would not answer to such requests". Ren said no government entity or any other investor who isn't a current or former employee owns "onc... [Full Article...]

USA legislators introduce bills targeting Chinese tech companies

USA legislators introduce bills targeting Chinese tech companies In a related move, U.S. politicians introduced a bill to ban the export of American parts and components to Chinese telecom companies that were in violation of USA export control or sanctions laws - with Huawei and fellow Chinese firm ZTE the likely targets. [Full Article...]

British MPs vote overwhelmingly to reject Brexit deal

British MPs vote overwhelmingly to reject Brexit deal She said that another general election would do nothing to change the Parliamentary arithmetic. Sammy Wilson, Brexit spokesman with Northern Ireland's Democratic Unionist Party, upon which May relies for her Commons majority, told the BBC his party would not be forced into backing the deal by fears over the border. [Full Article...]

GM reveals upcoming Cadillac EV built on next-gen EV platform

GM reveals upcoming Cadillac EV built on next-gen EV platform The announcement is part of Cadillac's aggressive product acceleration; in addition to revealing the all-new XT6 crossover, the company also hinted at both a future Escalade and an upcoming performance sedan. It claims we'll see one new model every six months through 2021. It can also be transformed rapidly, for a "short design and development lead time", allowing the automaker to more quickly r... [Full Article...]

What will a no-deal Brexit mean for pubs?

What will a no-deal Brexit mean for pubs? May, who leads a fractious government, a divided Parliament and a gridlocked Brexit process, said she would stay put. May's defeat had always been factored in by the markets and the pound rebounded from session lows against both the dollar and euro after the vote on the back of hopes that a no-deal Brexit could be avoided. [Full Article...]

Ford, Volkswagen team up for money-saving global alliance

Ford, Volkswagen team up for money-saving global alliance He ruled out forming any equity ties with Ford , saying the cooperation "will improve our competitiveness globally". Ford and Volkswagen will form a joint committee of equal persons representing each company to oversee these new developments. [Full Article...]

Trudeau reaches out to Ardern over China

Trudeau reaches out to Ardern over China The new sentence came during a clash between Ottawa and Beijing over Canada's arrest in December of Sabrina Meng Wanzhou, chief financial officer of Chinese telecoms giant Huawei, on an extradition request from the United States related to alleged violation of sanctions on Iran. [Full Article...]

Mon. 10:02 am: Top auto awards go to Hyundai and Ram

Mon. 10:02 am: Top auto awards go to Hyundai and Ram Organizers accept no advertising, though automakers try to capitalize on the marketing value of the awards, which are now in their 25th year. Votes from almost 54 jurors for the vehicle, utility and truck finalists were audited by Deloitte LLP, NACTOY'S accounting firm of record, and results were kept confidential until they were revealed on stage at the LA Auto Show by the North American vehicl... [Full Article...]

EU's Barnier: Risk of 'no deal' has never been so high

EU's Barnier: Risk of 'no deal' has never been so high The EU refused to budge on the issue, offering only words but not the cast-iron legally watertight guarantee. "Every day that passes without this issue being resolved means more uncertainty, more bitterness and more rancour", she warned. It is hard to see any other proposal getting a majority in the House of Commons. "However, I am sceptical that the agreement can be fundamentally reopened once ... [Full Article...]

Senate Bipartisan Group Formed in Hope to End Shutdown

Senate Bipartisan Group Formed in Hope to End Shutdown They walked to his office on the second floor from outside of the Capitol, where they held a hastily organized press conference to call on him to show some by breaking from Trump and taking up House-passed bills to reopen government. An aide says Pelosi gave lawmakers her blessing to attend Tuesday, telling her leadership team that the group can see what she and others have been dealing with durin... [Full Article...]

Alexandria Ocasio-Cortez Schools Former GOP Governor On Marginal Tax Analogy

Alexandria Ocasio-Cortez Schools Former GOP Governor On Marginal Tax Analogy Walker quoted Ocasio-Cortez once more, then went on a bit of a rampage about socialism, effectively sub-tweeting the Democratic representative. "But he's certainly given a voice to it and expanded it and created a platform for those things". [Full Article...]

Trump confuses New Orleans for Nashville

Trump confuses New Orleans for Nashville He also said his trade policies would deliver long-term benefits for the American heartland. Iowa farmer Aaron Lehman told CBS News the shutdown has put him in a bind, after he's already watched the price of his soybeans drop 20 percent since last summer when the Trump administration entered a fight over trade with China . [Full Article...]


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