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19236 articles published since 08 Mar 2022

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Boeing faces fresh crisis with US-China trade war
Boeing faces fresh crisis with US-China trade war
Economy

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing. Last week, Bloomberg reported that China's Juneyao Airlines was delaying delivery of a Boeing widebody aircraft as the growing trade conflict drives up costs of big-ticket products.

Trump says China 'reneged' on Boeing deal as tensions flare
Trump says China 'reneged' on Boeing deal as tensions flare
Economy

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets. Trump took aim at Beijing again on Tuesday, saying on Truth Social that China did not fully fulfil an earlier trade deal.

Trump trade war casts pall in China's southern export heartland
Trump trade war casts pall in China's southern export heartland
Economy

The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States. She told AFP at the firm's booth that the trade war will still hurt -- even though it does a limited amount of business with the United States.

China tells airlines to suspend Boeing jet deliveries: report
China tells airlines to suspend Boeing jet deliveries: report
Economy

China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday, as a trade war between Beijing and the United States deepens. Bloomberg News reported Tuesday that China had also ordered airlines to halt deliveries of Boeing planes, citing people familiar with the matter.

Japan orders Google to cease alleged antitrust violation
Japan orders Google to cease alleged antitrust violation
Economy

Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged violation of national antitrust laws. The problem is "related to the implementation of search functions for Android smartphones, in violation of the antitrust law", she said.

Malawi's debt crisis deepens as aid cuts hurt
Malawi's debt crisis deepens as aid cuts hurt
Economy

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. Manda is a casualty of Malawi's economic struggles, his livelihood hanging by a thread as foreign aid cuts and mounting national debt tighten their grip on his destitute African country.

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