SHANGHAI – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing. The deal was announced as Tesla raised prices on U.S.-made […]

U.S. stocks rose on Monday, with banks and industrial stocks driving a third day of gains on Wall Street as investors looked ahead to a strong quarterly earnings season, setting aside trade concerns. Bank stocks were the biggest gainers, with the S&P banks index rising 2.4 percent, on track for its biggest percentage gain in […]

BEIJING – China’s COSCO Shipping Holdings (601919.SS) (1919.HK) said on Sunday a key U.S. review body has cleared its planned $6.3 billion acquisition of shipping firm Orient Overseas International Ltd (OOIL)(0316.HK) on security issues. COSCO said on June 30 that all pre-conditions for the OOIL offer made last year had been met after receiving approval […]

By Alex Mardikian The bulk of digital content is today being consumed on smartphones. Businesses trying to leverage DOOH must acknowledge this and factor it into their overall marketing strategy. Smartphones are personal devices and you can push, share, flash targeted content to these. Imagine, combining VODXS faucet ad systems with smartphones. A message viewed […]

China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more. China’s commerce ministry said it had lodged a new complaint with the World Trade Organization (WTO). Meanwhile, Russia has announced extra duties on US imports in retaliation for earlier US steel tariffs. Beijing has […]

U.S. stocks rose on Friday as stronger-than-expected jobs growth in June and a surge in Biogen’s shares eased concerns about an escalating U.S.-China trade dispute after the two economies slapped tariffs on each other’s imports worth $34 billion. Biogen jumped 15.6 percent and was on track for its biggest percentage gain in over seven years […]

DETROIT/LONDON/SHANGHAI  – Automakers are scrambling to ship vehicles to the United States to pre-empt possible higher tariffs, according to port data, port officials and logistics companies. Data from a number of U.S. ports showed a surge in vehicle exports and imports in May, as U.S. President Donald Trump ratcheted up pressure on China and Europe […]

Losses in shares of technology and industrial companies dragged Wall Street lower on the first trading day of the second half of this year, as risk of an escalating tariff war between Washington and its trading partners continued to weigh on sentiment. Shares of trade-sensitive U.S. companies slipped, with Boeing (BA.N) and Caterpillar (CAT.N) down […]

SHENZHEN, China/HONG KONG – Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer towards getting a devastating American supplier ban lifted. The United States slapped the crippling seven-year supplier ban on ZTE, China’s No. […]

The new program will allow individuals with no logistics experience to operate a fleet of Amazon delivery vehicles. Many entrepreneurs have built a business on Amazon, selling goods via the online marketplace, self-publishing books and more. Today, the ecommerce giant has announced a new opportunity: the ability to launch your own Amazon delivery operation. Amazon Delivery Service Partners is […]