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Commerce News

Trump walks back comments on UK health care and more

London - President Donald Trump rowed back Wednesday on his comments that Britain's much-loved national health service should be opened up to US private companies in a post-Brexit trade deal.

First the emperor, now the queen: Trump revels in royal splendor

Washington - Just a few days after returning from his visit to Japan, where he met new Emperor Naruhito, Donald Trump heads to Britain, where Queen Elizabeth II will receive him during a state visit that could be rocky.

With overseas impasses, Trump hits rough patch

Washington - From the crises with Iran and Venezuela to the drawn-out negotiations with China and North Korea, President Donald Trump's foreign policy is hitting a rough patch.

Fake eyelashes from N.Korea cost US cosmetics firm $1 mln fine

Los Angeles - California firm E.L.F. cosmetics has agreed to pay a nearly $1 million fine for importing fake eyelashes containing materials from UN-sanctioned North Korea, the US Treasury Department announced.

Jack Ma, China's richest man, is a Communist Party member

Bejing - Jack Ma, founder of Chinese tech giant Alibaba, is among the world's richest people but he has now emerged as a member of another club: China's 89-million-strong Communist Party.

Angola still waiting for promised 'economic miracle'

Luanda - "Things are going badly," said Delta, sitting on a stool and glancing at a bag stuffed with Chinese mobile phones.

British PM eyes Brexit endgame, but not at any cost

London - British Prime Minister Theresa May said Monday that negotiators were working through the night to get a Brexit deal with the EU but vowed it would not be "an agreement at any cost".

Alibaba founder Jack Ma to step down in 2019, pledges 'smooth transition'

Shanghai - Alibaba co-founder Jack Ma announced on Monday he would step down as leader of the pioneering Chinese e-commerce giant in one year, but insisted that a planned leadership transition would not break the company's stride.

Libya re-opens main border post with Tunisia

Tripoli - Libya has reopened its main border post with Tunisia after closing it for more than six weeks amid tensions over smuggling, Tripoli's interior ministry said on Saturday. The border at Ras Jedir was re-opened to "facilitate...

Canada rallies to Trudeau after Trump's insult

Ottawa - Canadian politicians of all stripes rallied round their prime minister on Monday after his cautious and polite defense of free trade rules drew an extraordinary personal rebuke from US President Donald Trump.

Macron, Trudeau support 'strong multilateralism' ahead of G7 summit

Ottawa - French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau expressed support for "strong multilateralism" in Ottawa Wednesday before the G7 summit, where US President Donald Trump's aggressive trade policies are sure to raise hackles.

US natural gas poised for global rise

New York - The United States produces natural gas in abundance and is poised to become the world's third-largest exporter by 2020, a production ramp-up supported by President Donald Trump.

The internet: a dangerous place for wild animals

Paris - From ivory baubles and leopard coats to rare turtles and live bears, the online market for protected wildlife is booming, according to an International Fund for Animal Welfare (IFAW) investigation released Wednesday.

China enforces ban on online Bible sales

Bejing - Bibles have been pulled from Chinese online retailers in "recent days", merchants told AFP on Friday, as Communist authorities ramp up control over religious worship.

For Trump's numbers, close enough is frequently good enough

Washington - When it comes to numbers, US President Donald Trump worries little about precision.

100 years after 'Spanish flu', new global pandemics feared

Davos - Ebola, zika, SARS: a century after the "Spanish flu" killed 50 million people, humanity now risks a new wave of deadly diseases, and in today's globalised world another such pandemic may be unavoidable, experts warned at the Davos summit this week.

Chinese consumers spend billions in 'Singles Day' shopping binge

Shanghai - China's smartphone-wielding masses unleashed billions of dollars in e-commerce spending Saturday as they rushed to snap up bargains on "Singles Day", billed as the world's biggest one-day online shopping festival.

In China's e-commerce boom, it takes a village

Xuzhou - Workers wielding screeching hand-held wood sanders toil overtime in Cheng Huaibao's bunk bed factory, rushing to prepare for the wave of orders about to break on manufacturing businesses like his across China.

Offline retailers can use data gleaned from online retail

New York City - New research demonstrates that savvy offline retailers can review and use data gleaned from online retail to boost their own sales.

US Secretary Ross said NAFTA exit still possible

Washington - US Commerce Secretary Wilbur Ross on Friday reiterated the threat of leaving the North American Free Trade Agreement if the outcome of the ongoing negotiations with Mexico and Ottawa does not satisfy Washington.

Soweto's urban entrepreneurs take on the world

Soweto - At the back of Mandisa Zwane's typical yellow plaster-clad Soweto house is a bustling hive of activity set to a soundtrack of gospel music and crying babies that emanates from nearby.

Russia suspends free-trade deal with Ukraine from 2016

Moscow - Russian President Vladimir Putin on Wednesday signed a decree to suspend its free-trade agreement with Ukraine as of January 1, according to the official document posted online.

Britain-India trade deals announced as Modi speaks out on EU

London - Trade deals worth £9 billion (12.7 billion euros, $13.7 billion) will be announced during Indian Prime Minister Narendra Modi's visit to Britain, David Cameron said Thursday, as Modi indicated he wanted the UK to stay in the EU.

WikiLeaks raise reward funds for info on U.S.-EU trade deal

London - WikiLeaks on Tuesday launched a crowdfunding campaign to raise a 100,000 euro ($110,000) reward for anyone leaking insider information on a proposed free-trade deal between the United States and European Union.

France woos Chinese investors as PM wraps up fruitful trip

Toulouse - French Prime Minister Manuel Valls promised Chinese investors "the best welcome in all of Europe" as his Beijing counterpart wrapped up a visit in which he signed billions of euros in accords with France.

Photo Essay: Museum of the Great Lakes, Toledo, Ohio Special

Toledo - The Museum of the Great Lakes in Toledo, Ohio, shows the importance of the five Great Lakes in World War II, American Independence, commerce in the United States and throughout the world and recreation. Digital Journal took a tour of the museum.

Proposed bill strengthens punishments for mislabeling seafood

Senator Alex Padilla has proposed a bill for tougher restrictions on labeling seafood. While it is already illegal to mislabel products the bill would put harsher penalties on those caught doing so.

Australia 'optimistic' about Japan free trade talks

Tokyo - Australian Prime Minister Tony Abbott said Sunday he was "optimistic" about his country's free trade talks with Japan but was unsure when the two countries could strike a deal.

China's commerce minister warns against over-expansion

Beijing - China's commerce minister on Friday warned industries and companies not to over-expand, after the collapse last year of a key unit of the world's biggest solar firm.The country's decades-long boom has turned it into the world's second-largest economy a...

White House counters attacks on free trade deals

Washington - The White House moved Tuesday to fend off liberal criticism of its efforts to seal two new giant free trade pacts, saying the deals would benefit US workers and protect the environment.Under attack from its core liberal support base over the Trans-Paci...
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Some people thought they were getting this fish when they were eating Tilapia.
Some people thought they were getting this fish when they were eating Tilapia.
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The crowds outside the San Diego Convention Center.
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religious artifacts for sale
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