The trade war between the United States and China has hit numerous original equipment manufacturers (OEMs) of China. This has also turned out to be a turning point for such Chinese companies which had so far thrived by supply products to Western companies and the business model involved the Western...

The prolonged trade war between China and the United States is having an impact with a substantial drop in industrial profits as well as a slowdown in the inflows of foreign investment in the Chinese stock markets, even though some of the business sectors in the country have reported good earnings...

Despite the trade tariffs imposed on Chinese imports into the country by United States president Donald Trump, the trade deficit of the country with   China touched a six-month high for the month of July even though the US economy as a whole saw a slight contracting in its trade deficit....

British farmers what the government to impose import tariffs on eggs, some dairy products, horticultural products and grains in case of the United Kingdom having to leave the European Union without a trade agreement. This demand was made to the British Prime Minister Boris Johnson by the Britain’s...

Many view the outspoken CEO of United States based electric car maker to be a great disruptor of the auto industry as it goes through a massive change.   However, during a television interview, Ford CEO Jim Hackett emphasized that biggest industrial disruption of the entire 20th century was...

The trade tensions across the globe have driven down the price of oil throughout the world which has hit Norway’s krone which touched its lowest level since the 2008 financial crisis. This significant drop in the value of the krone now threatens large sections of the Norwegian economy.   The...

The decision of the United States to label China as a currency manipulator would "severely damage international financial order and cause chaos in financial markets", said China's central bank said on Tuesday.   The People's Bank of China (PBOC) said that the decision of Washington to rake...

The escalating trade war between the United States and China has hit the American footwear industry very hard.   A host of consumer goods such as apparel, home textiles like bedding and shoes would be impacted by the most recently announced tariffs by US president Donald Trump of 10 per cent...

Japan has decided to carry on with its announcement of removing South Korea from its list of trusted trade partners which threatened to escalate the trade related spat between the two countries that has been brewing since the last few weeks.   This decision of Japan to strike South Korea o...

A quid pro quo trade deal involving agriculture and autos is being worked upon by the United States and Japan which would be agreeable to both US President Donald Trump and Japanese Prime Minister Shinzo Abe such that they sign the agreement during their meeting New York, said reports quoting...

A price of as much as $160,000 could be paid for by bidders in an auction held by Sotheby’s for a rare pair of Nike “Moon Shoes”.   Dubbed “Stadium Goods: The Ultimate Sneaker Collection Online”, collectors and bidders would be allowed to place their bids on an array of rare sneakers in a...