The death toll from a coronavirus outbreak in China rose to 81 on Monday, as the government extended the Lunar New Year holiday and more big businesses shut down or told staff to work from home in an effort to curb the spread.
The European Union (EU) has warned that if a trade agreement recently signed by the United States and China creates “distortions” in the market, it will challenge the deal at the World Trade Organization (WTO).
With Brexit and a global recession looming, the UK needs the talents of enterprising overseas students more than ever. But the outlook is gloomy: there’s been a sharp decline in entrepreneurship among immigrants since the EU referendum. While that’s perhaps unsurprising given the anti-immigration rhetoric that Brexit has spawned, it’s bad news for our economy.
Prolonged turmoil in Hong Kong could jeopardize regional financial stability, and that would outweigh any short-term gain for Singapore from flows of funds from investors worried about protests there, a Singapore government minister said.
For US bike companies, China is almost everything. Whatever they need — whole bikes, components, or safety accessories — can be manufactured and sourced from China in large scale, at competitive prices and with great quality.
China is fast-tracking a foreign investment law at an unprecedented pace to meet Washington's demands on trade, but businesses fear that time to review and raise objections on a crucial piece of legislation has been cut short.
From power restaurants in Washington and a belt-buckle maker in Colorado to a brewery in California, businesses that count heavily on federal employees as customers are feeling the punishing effects of the government shutdown in the US.