Since two days of trade talks last month in Washington ended in a stalemate, Trump has repeatedly said he expected to meet Chinese President Xi Jinping at the June 28-29 summit in Osaka, Japan. China has not confirmed any such meeting.
Rare earth minerals and elements are necessary components of tech and defense tools, including smartphones, LED lights, wind turbines and nuclear rods. And their critical role in modern manufacturing has turned them into the latest lightning rod in the trade war between China and the U.S.
The Internal Revenue Service is highlighting tax reform changes that impact depreciation and expensing for nearly every business. In some cases, these changes allow small business owners and the self-employed to write off the cost of machinery, equipment and other property more quickly.
(Reuters) Venezuela and China agreed to hundreds of projects to kickstart growth in the South American country. After billions in investments, however, little materialized. A $200 million rice plant illustrates the graft and incompetence that opponents say crippled development by Venezuela's leftist regime.
At a time when Trump is doubling down on fossil fuels and withdrawing the United States from global partnerships, Chinese President Xi Jinping’s sprawling “Belt and Road” initiative aims to put Chinese companies and innovation at the center of infrastructure development worldwide, including next-generation power sources.
BYD, the company which built the battery in the ’90s cellphone, now produces more Electric Vehicles than anyone—and it wants to sell them to you, soon.
Venezuela’s unemployment rate is soaring to levels unseen in the world since the Bosnian war came to an end more than two decades ago, according to the International Monetary Fund.
Investors on both sides of the Atlantic are pushing ExxonMobil to disclose targets that would drastically reduce its greenhouse gas emissions in line with the Paris climate agreement.
Federal Reserve said it would hold off on raising interest rates and signaled that the central bank will not raise interest rates any time this year.