Chinese companies are reporting delays in getting paid by business partners

Chinese companies are reporting delays in getting paid by business partners

Giulia Marchi | Bloomberg | Getty Images A Chinese national flag flies in front of a building under construction in the central business district of Beijing, China. Companies in China are increasingly having difficulty getting paid. The country's slowing economic growth, tighter credit conditions and rising bond defaults are putting pressure on corporate cash flows,…

‘It is impossible’ for US-Russia relations to improve while sanctions are in place, Deripaska...

Deripaska told CNBC that both countries are prepared to spend trillions of dollars on defense despite that more than half of such an expenditure was likely to be "unnecessary." When asked whether the prospect of a change of president in the U.S. next year might present an opportunity for improved ties between Washington and Moscow,…

Trump says he does not see white nationalism rising after New Zealand mosque shooting

Olivier Douliery | Bloomberg | Getty Images President Donald Trump speaks to members of the media on the South Lawn of the White House in Washington, D.C. President Donald Trump said on Friday he does not see a rise in white nationalism but it may be an issue in New Zealand, where a gunman who…
US considering measures against human rights violators in China’s Xinjiang

US considering measures against human rights violators in China’s Xinjiang

Yasin Ozturk | Anadolu Agency | Getty Images Robert Palladino, a spokesperson for the U.S. Department of State, speaks during a press briefing on March 5, 2019. The United States is considering measures against those responsible for human rights violations against Muslims in China's Xinjiang region, a U.S. State Department spokesman said on Thursday, calling…
Trump vows to veto bill that would end border emergency declaration

Trump vows to veto bill that would end border emergency declaration

Alex Edelman | Bloomberg | Getty Images U.S. President Donald Trump in the Roosevelt Room of the White House in Washington, D.C., U.S., on Tuesday, March 5, 2019. President Donald Trump plans to reject a bill that would block his national emergency declaration at the southern border if the Senate passes it Thursday. "I am…

White House trumpets Trump’s economic policies, warns against ‘Medicare for All’ and wealth tax

The White House laid out its case against progressive programs like "Medicare for All" and a wealth tax, while touting the projected benefits of its own economic agenda in a new report published Tuesday. The White House Council of Economic Advisors made its case in the Economic Report of the President, which detailed the executive…

CEO behind the largest US pot deal says this is just the beginning of...

One canadian pot company is making a huge splash in the U.S. market. Earlier this week, cannabis product retailer Harvest Health and Recreation announced it would buy competitor Verano Holdings for $850 million in an all-stock deal, marking the largest U.S. cannabis deal to date. The combined company will be one of the country's largest…

After two fatal Boeing plane crashes, the world turned on the US

Some pilots said they did not know the MCAS system existed until after the Lion Air crash. "It blew us away. It absolutely shocked us," said Dennis Tajer, an American Airlines Boeing 737 pilot an a spokesman for the airline's union, the Allied Pilots Association. Switching from previous models of the 737 to the 737…
Shooter opens fire at a New Zealand mosque, reportedly killing several

Shooter opens fire at a New Zealand mosque, reportedly killing several

Mark Baker | AP Photo Ambulances parked outside a mosque in central Christchurch, New Zealand, Friday, March 15, 2019. At least one shooter opened fire at at least one mosque in Christchurch, New Zealand on Friday, killing several. New Zealand Police confirmed the incident, saying that a "serious and evolving situation" is occurring with an…
Snap shares surge 10% after longtime skeptic upgrades to buy

Snap shares surge 10% after longtime skeptic upgrades to buy

Shares of social media company Snap rallied more than 10 percent Thursday after one longtime skeptic upgraded the stock and told clients that it's set for outperformance thanks to better advertising sales. BTIG analyst Richard Greenfield now recommends investors buy the beat-up equity and thinks that the media sharing platform could see its shares soar…

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