Small businesses are balking at the latest round of proposed tariffs
In recent months, business groups have begun to express concern about ongoing trade tensions and the impact frayed relationships may have on the companies' bottom lines.
In recent months, business groups have begun to express concern about ongoing trade tensions and the impact frayed relationships may have on the companies' bottom lines.
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Global airlines slashed a key industry profit forecast by 21% on Sunday amid concerns over an expanding trade war and higher oil prices.
Airbus has written to airline leaders to appeal for their backing in a trade dispute with rival Boeing, warning of higher aircraft prices and passenger fares if the United States and European Union descend into a tariff war.
Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling.
The President of Germany’s central bank, Jens Weidmann, has warned that implementing central bank digital currencies (CBDCs) could lead to the destabilization of global financial systems, especially during times of fiscal crisis. The warning came during a speech delivered at the opening of the Bundesbank... Read More
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PBOC Set Up Deposit Insurance Fund Management Company On May 24th, the People’s Bank of China (PBOC), China’s central bank, set up a deposit insurance fund management company after it took a rare move to take over Inner Mongolia-based Baoshang Bank in response to its... Read More
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The European Union will work with other regulators on the approval of new software for the Boeing 737 MAX but reserves the right to take its own decision on when to return the grounded jet to service, the bloc's transport chief said on Sunday.
Emirates airline President Tim Clark said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation.
U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday.
Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March.
A year after Qatar Airways boss' remark that a woman could not do his job drew scathing criticism, airline executives called out the industry for paying only "lip service" to diversity and not pushing to get more women out of cabins and into boardrooms.
Europe's Airbus is close to a deal to sell A330neo wide-body passenger jets to Virgin Atlantic, people familiar with the matter said on Sunday.
Japan Airlines Co Ltd (JAL) may expand a joint venture with Malaysia Airlines to cover U.S. flights and other Asian routes in the future, the Japanese carrier's president said.
The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of the two countries would meet at the G20 summit to bash out an agreement.