Air Freight News
Huawei announces last major phone before US ban forces rethink
Huawei Technologies Co. introduced the Mate 40 smartphone series on Thursday, potentially its last major release powered by its self-designed Kirin chips.
A weakening US dollar is still the preeminent currency
The greenback has depreciated 11% from its March peak, but it has a long way to go before it gives up its reserve status.
Huawei outhustles Trump by stockpiling chips needed for China 5G
Huawei Technologies Co. quietly spent months racing to stockpile critical radio chips ahead of Trump administration sanctions, ensuring it can keep supplying Chinese carriers in…
Singapore working on more trade deals amid Covid, minister says
Singapore is speaking with countries on developing further trade deals in the wake of last year’s pact with the European Union.
IMF says Asia faces long recovery slog even as China grows
The Asia Pacific region is likely to see economic output remain below pre-pandemic trends over the medium term, even as China’s recovery leads the rest…
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Apple lobbies for lower taxes to boost US chip production
Apple Inc. has been lobbying the U.S. government on tax breaks to support domestic chip production, suggesting the iPhone maker is keen to move more…
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Global Trade-Chief race slows as U.S., EU split on finalists
The U.S. and Europe are heading for a clash over their preferred candidates to lead the World Trade Organization as the selection of the first…
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Brexit talks set to restart with aim of deal by mid-November
Trade talks between the U.K. and European Union are on the verge of resuming after positive contact between the two sides, three people familiar with…
China warns Swedish companies could suffer from Huawei ban
The Chinese foreign ministry warned Sweden that it should revoke its ban on Huawei Technologies Co. to avoid hurting prospects for Swedish companies.
Global trade is closing the gap with its pre-crisis level
Global trade is staging what the United Nations termed a “fragile recovery,” as economies battered by the pandemic claw their way back to full activity.