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20238 articles published since 08 Mar 2022

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Amazon wants to be everything to everyone
Amazon wants to be everything to everyone
Economy

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.

US firms brace for more tariffs as election approaches
US firms brace for more tariffs as election approaches
Economy

From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more. "If anything, it's probably going to go up," Actis said, adding that he has considered moving his business abroad.

China-EU EV tariff talks in Brussels end with 'major differences': Beijing
China-EU EV tariff talks in Brussels end with 'major differences': Beijing
Economy

The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.

China offers $325 bn in fiscal stimulus for ailing economy
China offers $325 bn in fiscal stimulus for ailing economy
Economy

China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

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