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Huawei Just Passed Apple in Smartphone Sales for the First Time Ever

Apple is now a bronze medal winner, at least when it comes to smartphone sales. Huawei has outperformed Apple in terms of units shipped for the second calendar quarter of 2018, according to data released by market research firms IDC, Canalys, Counterpoint Research and IHS Markit. The Chinese smartphone maker now occupies second place among the world’s … Continue reading Huawei Just Passed Apple in Smartphone Sales for the First Time Ever

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Swatch Group withdraws from Baselworld 2019

Swatch Group CEO Nick Hayek told the NZZ am Sonntag newspaper on Sunday that “today, everything has become more transparent, faster-paced and more spontaneous", and that therefore, “traditional watch exhibitions are no longer useful for Swatch”. Recently, several other watchmakers have withdrawn from Baselworldexternal link – including Hermès, Ulysse Nardin and Girard-Perregaux – and have instead joined the international luxury … Continue reading Swatch Group withdraws from Baselworld 2019

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Starbucks Pairs Up With Alibaba in China to Deliver Coffee

Starbucks is pairing up with the e-commerce service Alibaba Group Holding Ltd. to deliver food and beverage products in China, the Wall Street Journalreported. The move comes as Starbucks recorded an earning slowdown in its last quarter. The deal with Alibaba’s food-delivery service Ele.me will be announced later this week, and the delivery partnership will start in the … Continue reading Starbucks Pairs Up With Alibaba in China to Deliver Coffee

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U.S. Almond Farmers Are Reeling From Chinese Tariffs: Prices for California almonds have fallen by more than 10% over past two months

Prices for California almonds have fallen by more than 10% over the past two months, reflecting expectations for a bumper crop and steep tariffs imposed this year by China, which until recently was the second-largest importer of U.S. almonds after the European Union. In response to China’s tariffs, which now add a 50% tax to almond … Continue reading U.S. Almond Farmers Are Reeling From Chinese Tariffs: Prices for California almonds have fallen by more than 10% over past two months

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President Juncker and President Trump agreed to launch a new phase of close friendship and strong trade relations between the United States and the EU

Leaders agreed on a Joint EU-U.S. Statement launching  “a new phase in the relationship between the United States and the European Union – a phase of close friendship, of strong trade relations in which both of us will win, of working better together for global security and prosperity, and of fighting jointly against terrorism." Both parties agreed … Continue reading President Juncker and President Trump agreed to launch a new phase of close friendship and strong trade relations between the United States and the EU

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World Export Development Forum 2018

As the flagship event of the International Trade Centre, WEDF brings together business leaders, policymakers, trade organizations and international agencies to talk business, and do business. 11-12 September, Lusaka, Zambia Source: http://www.intracen.org/news/Talk-business-do-business-at-the-World-Export-Development-Forum/

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Costa Rica: Coca-Cola begins to construct its most innovative concentrates plant in Liberia, Guanacaste

•The Project will start operations in January 1st, 2020 with an initial investment of US$50 million.  •The plant will have 130 direct collaborators in its first stage and will generate another 100 indirect employees in the region.  Liberia, Guanacaste. July 21, 2018. After 50 years of having settled in Costa Rica, the Coca-Cola Company celebrated, … Continue reading Costa Rica: Coca-Cola begins to construct its most innovative concentrates plant in Liberia, Guanacaste

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India is under pressure from 15 other Asia-Pacific countries, including China, to commit to eliminate duties on at least 90% of goods it trades with them

India is under pressure from 15 other Asia-Pacific countries, including China, to commit to eliminate duties on at least 90% of goods it trades with them under the Regional Comprehensive Economic Partnership (RCEP) being negotiated. Read more at: //economictimes.indiatimes.com/articleshow/65095025.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst        

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World Investment Forum 2018

22-26 October, 2018, Geneva Switzerland Organized under the overall theme Investing in Sustainable Development, the Forum will address global challenges for international investment in the new era of globalization and industrialization. Investment stakeholders will gather to brainstorm solution-oriented initiatives and build global partnerships to advance prosperity for all. In 2018 the World Investment Forum will bring … Continue reading World Investment Forum 2018

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Trump threatens to hit all $505bn of Chinese imports with tariffs

Xinhua/Rex/Shutterstock Donald Trump escalated economic global tensions on Friday, lashing out a range of targets that included the European Union, the Federal Reserve and China, indicating that he is prepared to raise tariffs on Chinese imports from $34bn to cover the entire $505bn of Chinese imports. “I’m willing to go to 500,” he said during a taped … Continue reading Trump threatens to hit all $505bn of Chinese imports with tariffs