Airlines urge regulators not to compete on safety after Boeing crisis

Airlines urge regulators not to compete on safety after Boeing crisis
PARIS (Reuters) – Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S. aviation authority. An airplane prepares to land at Cointrin airport in Geneva, Switzerland December 5, 2017. REUTERS/Pierre Albouy The U.S. Federal... Read More

Tough talk from China leaves trade talks with U.S. in limbo

Tough talk from China leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. A container is carried onto a truck in a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee The... Read More

Carrefour considers sale of stake in China business: sources

Carrefour considers sale of stake in China business: sources
PARIS/FRANKFURT/BEIJING (Reuters) – Carrefour, Europe largest retailer, is exploring the sale of a minority stake in its loss-making business in China and has started sounding out potential buyers, people familiar with the matter said. FILE PHOTO: A Carrefour logo is seen on a Carrefour Hypermarket store in Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo Carrefour’s China business is valued... Read More

After Huawei blow, China says U.S. must show sincerity for talks

After Huawei blow, China says U.S. must show sincerity for talks
BEIJING (Reuters) – The United States must show sincerity if it is to hold meaningful trade talks, China said on Friday, after U.S. President Donald Trump dramatically raised the stakes with a potentially devastating blow to Chinese tech giant Huawei. A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee... Read More

China evokes patriotism, past wars as trade conflict with U.S. heats up

China evokes patriotism, past wars as trade conflict with U.S. heats up
BEIJING (Reuters) – The trade war with the United States will only make China stronger and will never bring the country to its knees, the ruling Communist Party’s People’s Daily wrote in a front-page commentary that evoked the patriotic spirit of past wars. A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16,... Read More

U.S. trade war will only make us stronger, China’s top paper says

U.S. trade war will only make us stronger, China’s top paper says
A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee BEIJING (Reuters) – The trade war with the United States will only make China stronger and will never bring the country to its knees, the Communist Party’s People’s Daily wrote in a front page commentary that evoked the patriotic spirit... Read More

China warns U.S. move against Huawei could hurt trade talks

China warns U.S. move against Huawei could hurt trade talks
WASHINGTON/BEIJING (Reuters) – The Trump administration’s decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks. A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee Shares of Huawei’s... Read More

Walmart says higher China tariffs will increase prices for U.S. shoppers

Walmart says higher China tariffs will increase prices for U.S. shoppers
(Reuters) – Walmart Inc said on Thursday that prices for shoppers will go up due to higher tariffs on goods from China as the world’s largest retailer reported its best comparable sales growth for the first quarter in nine years. FILE PHOTO: A Walmart logo is displayed above the floor of the New York Stock Exchange shortly after the opening... Read More