Zhang Yuan's business started with favors for relatives: an aunt who wanted baby formula, a cousin looking for Ugg boots. She was a college student here in Australia, and every dollar helped, so she mailed the items back to China and charged a bit of a commission.

A tit-for-tat battle among nominal trade partners goes global, and there's no sign of a peace treaty on the horizon.

As global energy demand rises, the market for LNG continues to expand. Set to increase by 50 percent between 2015 and 2020, the LNG market is one of the fastest growing in the world.

The government of the Indian state of Karnataka says it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign the tech company is slowly moving forward with plans to assemble iPhones in the country.