The world’s two largest economies are set to slide deeper into a trade conflict July 6 that’s roiled markets and cast a shadow over the global growth outlook.
Author: Bloomberg News
Drone Deliveries Become Reality as China Races to Take the Lead
The day after Chinese e-commerce giant JD.com Inc.’s midyear sale, a company drone took off from a playground in the city of Xi’an to deliver one of the orders in a football-sized box to a village in the mountains to the south.
US, China Barter on Trade Gap as Tariff Deadline Nears
The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.
XPO Logistics Favored by Hedge Funds, Filings Show
XPO Logistics Inc. is so popular among hedge funds that 10 of them have more than 5% of their disclosed equity investments in the stock.
Trump’s Gamble for Quick Trade Deal With China May Be Long Shot
President Donald Trump is dispatching two of his top economic deputies to China in hopes of a quick deal on trade. They may find the reality on the ground more daunting.
Jaguar CEO Ralf Speth Says Nobody Can Go It Alone in Autonomous Driving
Jaguar Land Rover, which is teaming with Waymo to develop autonomous vehicles, is testing the technology predominantly in the United Kingdom and sharpening efforts to make the roads safer with such cars, CEO Ralf Speth said.
Driver Engagement Critical Issue for Cars That Steer Themselves
After partially faulting Tesla’s automation system for a 2016 fatal crash, U.S. safety investigators in 2017 called on carmakers to do more to ensure drivers stay engaged as next-generation cars start to steer themselves.
China’s Counterpunch to Trump’s Tariffs Sparks Global Selloff
Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.
China Hits Back at Trump With Planned Tariffs on $3 Billion of US Imports
China announced plans for reciprocal tariffs on $3 billion of imports from the U.S., including products from steel to pork, after President Donald Trump’s move to order levies on a range of Chinese goods sent markets plunging.
Consumer Sentiment in US at Second-Highest Level Since 2004
Consumer sentiment last month rose to the second-highest level since 2004 and plentiful job opportunities buoyed Americans’ spirits amid stock-market volatility, a University of Michigan survey showed March 2.