China said Monday it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up. "China firmly rejects these unreasonable accusations," its commerce ministry said in a statement.
The humble pinata has become one of the latest targets to take a whacking in US President Donald Trump's trade war. - Many enemies - The service sector is not immune either to Trump's trade war, and neither are his supporters.
With his storm of tariffs on Chinese goods, US President Donald Trump has torched ties with Beijing and likely wrecked any hope of meeting his counterpart Xi Jinping in the near term, analysts say. Ali Wyne, a senior research and advocacy adviser focusing on US-China ties at the International Crisis Group think tank, said neither Trump nor Xi "will want to convey that he has yielded to the other".
US government attorneys urged a federal judge Monday to make Google spin off its Chrome browser, arguing artificial intelligence is poised to ramp up the tech giant's online search dominance.
Chinese battery giant CATL launched on Monday a new sodium-ion battery it says will restructure the electric car industry, and a new system to combine two battery technologies into one car. Production of large batteries for electric and hybrid cars are due to follow in December of this year.
Bola Ahmed Tinubu International Airport, Minna is set to commence operation and the Niger government has Overland Airways Limited as the pioneer airline partner.
The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the board, turning a page in the history of the organisation that hosts the annual meeting of wealthy, famous and influential global elites at the luxury Swiss ski resort of Davos.
US Vice President JD Vance began a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and stave off punishing US tariffs. India and the United States are negotiating the first tranche of a trade deal, which New Delhi hopes to secure within the 90-day pause on tariffs announced by Trump earlier this month.
US Vice President JD Vance begins a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and stave off punishing US tariffs. India and the United States are negotiating the first tranche of a trade deal, which New Delhi hopes to secure within the 90-day pause on tariffs announced by Trump earlier this month.
Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve. The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.
Economy
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