The U.S. and its key Pacific allies announced plans to build a $1.7bn electricity grid in Papua New Guinea, in the latest effort to counter China’s growing influence in the region.
U.S. factory production expanded in October for a fifth straight month, the longest streak since 2011 and indicating a solid start to the fourth quarter, Federal Reserve data shows.
As tariffs were being slapped on hundreds of goods, shipping rates for dry bulk — the segment that hauls billions of tons of coal, iron ore and crops around the globe — kept rising. But no more.
The U.K’s European Union divorce treaty, which runs to around 500 pages, sets out all the ways that Britain will extricate itself from the bloc’s clutches after more than four decades of membership.
Even the most enthusiastic supporter of blockchain technology agrees that it needs time to reach its full potential as a system of record for global business transactions.
Asian-focused retailers are particularly vulnerable to President Donald Trump’s escalating tariffs, including the latest round in September covering $200bn of imports from the Middle Kingdom.