Commercial

Dow Jones tanks 600+ points as Trump trades barbs with Beijing and the Federal Reserve
The Dow Jones saw a steep drop of 700 points after a threat from Beijing to slap new tariffs on billions of dollars in American goods, and a harsh response from US President Donald Trump, but picked up before ending 621 down. [...]
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Full-on trade war: Trump jacks up tariffs on $550bn of Chinese goods, blasts ‘unfair’ response
US President Donald Trump has announced yet another major hike of existing and future tariffs on some $550 billion in Chinese goods, criticizing Beijing’s attempt to offset the losses as ‘unfair’ and ‘politically motivated.’ [...]
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Chinese app beats US tech giants like Apple, Amazon to be crowned world’s most innovative company
The world’s two most innovative companies this year are both from Asia, with Chinese tech platform Meituan Dianping unseating 2018 champion and Silicon Valley giant Apple, according to ratings by US business magazine Fast Company. [...]
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Higher tariffs & currency devaluation don’t solve trade disputes, IMF warns US & China
The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. [...]
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Moscow’s Sheremetyevo rated world’s best airport; New York’s JFK, one of the worst
The Russian capital's main air hub – Sheremetyevo International Airport – has been voted world’s best in a rating by UK-based luggage service provider Stasher, beating London’s Heathrow, Amsterdam’s Schiphol, and New York’s JFK. [...]
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Trump bribing American farmers with taxpayer money to fix trade war damage – Prof. Richard Wolff
US President Donald Trump is essentially buying votes with money from American taxpayers after his aggressive tariff policy on China boomeranged on US farmers, Professor Richard Wolff has told RT. To compensate for lost crop sales to China, the Trump administration announced aid for farmers, expected to total $28 billion. [...]
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Moscow Ready to Grab US Markets in China as Chinese-US Trade Spat Intensifies
Beijing has blasted US President Donald Trump’s claims that China is a “currency manipulator,” and promised to halt the import of US agricultural goods after the White House announced plans to slap 10 percent tariffs on $300 billion of Chinese imports from September. [...]
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‘Gambler Trump plays poker while China plays chess’, thinking a few moves ahead
The Trump administration is putting the US on a dangerous course by not assessing the long-term risks in the ongoing trade war with China, analysts told RT as tensions flare between the world's biggest economies. [...]
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Is America losing its grip on world economy? 5 big defeats for US financial interests abroad
Donald Trump made it a banner promise of his presidency to stop the US being abused as the world’s “piggybank” – but not all foreign powers seem to be cowed into submission by his assertive style of foreign economic policy. [...]
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Microsoft WARNS US Crackdown on China’s Huawei Could Backfire
Earlier this month, a report by the Information Technology and Innovation Foundation issued a warning that a clampdown on US tech exports would put as much as $56 billion in export revenue and 74,000 jobs at risk over the next five years. [...]
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‘I Wear The F**king Nuts’: Woman Smashes Laptop on Hubby’s Head Aboard US Plane (Video)
Newly surfaced cellphone footage captures the moment in which a passenger aboard a Los Angeles-bound American Airlines flight on Sunday opted to lay hands on her partner, who reportedly had wandering eyes. [...]
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Huawei lays off 70% of American research unit staff amid ongoing US crackdown on Chinese firm
Huawei has laid off around 70 percent of staff at its Futurewei Technologies research arm in the US. Despite recent signals that Washington was easing pressure on the Chinese tech giant, the ban is still in force. [...]
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China bringing back Maritime Silk Road: RT doc looks inside world’s largest cargo port
The leader of the world’s container port rankings, Yangshan Port, works around the clock to secure its top position and boost China’s trade connections. RTD’s new film offers a glimpse inside the massive facility. [...]
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Pros & Cons of Quantum Computing: Will Huawei’s ‘Unhackable’ Networks Leave US Spies Unemployed?
Huawei is spearheading the quantum communication technology in a bid to build "unhackable" networks. Cyber security experts have discussed whether the tech giant's efforts would make US eavesdropping techniques, once described by Edward Snowden, obsolete. [...]
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No US, no problem! Russia-China trade set to double & reach $200 billion soon
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says. [...]
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Huawei dominates global race to 5G, inking over 50 contracts despite US crackdown
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. [...]
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Tehran: Oil tanker broke down in Persian Gulf, towed by Iran forces for repairs
Iranian forces came to the aid of an oil tanker stranded in the Persian Gulf, a foreign ministry spokesman has said. The tanker is presumed to be the same Panama-registered vessel missing from radar screens since Saturday. [...]
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Trump: My Plan B With China on Trade is to Reduce Business With China
The president earlier threatened to slap tariffs on the remaining $300 billion in Chinese goods coming into the United States unless Chinese President Xi Jinping agreed to meet with him at the G20 meeting in Osaka, Japan to hammer out a trade deal favourable to Washington. [...]
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American Airlines snubs US planemaker Boeing for European rival Airbus
he world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. [...]
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Global recession within less than a year if Trump escalates trade war – Morgan Stanley
The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]
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Fall of empire? German businesses find China a more trustworthy partner than US or Britain
China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank. [...]
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Tit-for-tat: Beijing to draft ‘blacklist’ of foreign companies harming interests of Chinese firms
The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. [...]
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