China’s vice premier talks with U.S. trade officials: Commerce Ministry
Chinese Vice Premier Liu He conducted a phone call with U.S. trade officials, China’s Ministry of Commerce said in a statement Wednesday.
Appetizing prospects: Uber founder takes aim at South Korea’s shared kitchen market
Chef Youm Jung-phil plans to close his restaurant in Seoul’s affluent Gangnam district this month, worn down by the rising cost of labor and rent as well as declines in the number of customers eating in.
Lady Gaga to launch beauty line on Amazon as retailer targets cosmetics business
Pop star Lady Gaga on Tuesday announced a line of beauty products exclusively for sale on Amazon in a boost to the online retailer’s cosmetics business.
Mexico calls out Louis Vuitton for using traditional pattern
The Mexican government has questioned Louis Vuitton’s use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.
Bombardier to lay off 550 workers at Thunder Bay, Ontario, plant: BNN Bloomberg
Canada’s Bombardier Inc is laying off half the 1,100 workers at its Thunder Bay, Ontario, railway car plant, BNN Bloomberg reported on Tuesday, citing a federal government source.
U.S., Chinese negotiators hold ‘constructive’ phone talks on trade
U.S. and Chinese trade officials held a “constructive” phone conversation on Tuesday, White House economic adviser Larry Kudlow said, marking a new round of talks after the world’s two largest economies agreed to a truce in a year-long trade war.
Trade call between U.S., Chinese officials was constructive: White House
U.S. and Chinese trade negotiators held a constructive phone call on Tuesday, White House economic adviser Larry Kudlow said.
S&P 500 ekes out gain though profit worries weigh
The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weakening outlook for earnings.
IBM closes $34 billion deal to buy Red Hat to boost cloud business
International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.
Stocks drop as trade dims earnings outlook; Mexican peso tumbles
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico’s peso tumbled after the country’s finance minister resigned.