January 14, 2020

U.S. bike firms face uphill slog to replace Chinese supply chains

When Mehdi Farsi decided to shift production of State Bicycle Co’s niche fixed-gear urban bikes out of China to escape U.S. tariffs, it took months to […]
January 14, 2020

Delta beats profit forecast on strong demand as rivals battle 737 MAX crisis

Delta Air Lines Inc on Tuesday reported a fourth-quarter profit that beat estimates, boosted in part by customers it gained from rival airlines’ 737 MAX cancellations […]
January 14, 2020

China’s 2019 annual crude imports set record for 17th year

China’s crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries […]
January 14, 2020

Ahead of Bezos visit, India antitrust chief says e-commerce firms shouldn’t offer heavy discounts

Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar rivals out of business, India’s antitrust chief […]
January 14, 2020

UK’s Johnson says Huawei critics need to suggest alternatives

British Prime Minister Boris Johnson said those opposed to the use of equipment made by China’s Huawei in the UK’s new 5G networks need to say […]
January 14, 2020

Renault, Nissan say alliance not headed for break-up

French carmaker Renault and Japanese partner Nissan Motor said their alliance was in no danger of being dissolved, denying a media report of a potential break-up […]
January 14, 2020

France expects Renault to name new CEO in few days: minister

French Finance Minister Bruno Le Maire said on Tuesday he expected carmaker Renault to name its new chief executive in a few days. Powered by WPeMatico
January 14, 2020

China’s 2019 iron ore imports rise to second-highest ever

China’s iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half […]
January 14, 2020

China posts strong December exports as world awaits Sino-U.S. trade deal signing

China’s exports rose for the first time in five months in December and by more than expected, signaling a modest recovery in demand as Beijing and […]
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