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20241 articles published since 08 Mar 2022

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Trump suggests lower China tariff, says 80% 'seems right!'
Trump suggests lower China tariff, says 80% 'seems right!'
Economy

US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks over the weekend. Chinese official data on Friday showed that the country's global exports rose in April despite the trade war.

British Airways owner unveils big Boeing, Airbus order
British Airways owner unveils big Boeing, Airbus order
Economy

IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a multi-billion dollar order for Boeing and Airbus planes, as it maintained its outlook despite economic uncertainty. The orders are in addition to those exercised in March for 12 Airbus and six Boeing planes, bringing the total number announced Friday to 71.

Japan's Panasonic targets 10,000 job cuts worldwide
Japan's Panasonic targets 10,000 job cuts worldwide
Economy

Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability. Job cuts would be needed "in order for us to perform at a competitive level against other firms", he told the Nikkei.

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