Apple shares were down as much as 9 percent for the week on Friday (May 10) in response to the U.S.’ escalating trade war with China. The fall represents the tech giant’s biggest weekly decline for 2019, with the company losing about $75 billion of...
In the wake of the United States-Mexico-Canada (USMCA) trade agreement (the framework that outlines trade tariffs between the U.S., Mexico and Canada), analysts predict long-term impacts to supply chains as organizations adjust to shifting profit flows and supplier agreements. In an article penned for Forbes on...
While the U.S. and China continue the tedious process of smoothing out trade tensions, possible new trade disputes are emerging between the U.S. and Europe, with analysts warning of long-lasting impacts on the world’s supply chain routes. According to recent reports, S&P Global Market Intelligence‘s trade...
The impacts of ongoing trade disputes between the U.S. and China are beginning to be felt by suppliers, according to Wall Street Journal reports on Wednesday (Nov. 28). Walmart, Amazon and Home Depot have all introduced new efforts to put the pressure on their Chinese...
May 19, 2019
Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. According to a report in Reuters citing the Central Commission for Discipline Inspection, Liu Shiyu surrendered to authorities and was cooperating with the National Supervisory Commission. No further details were provided in a statement on the government agency’s website, […]
May 13, 2019
Apple shares were down as much as 9 percent for the week on Friday (May 10) in response to the U.S.’ escalating trade war with China. The fall represents the...
September 25, 2018
With a strong labor market and expectations for more growth in the economy, consumer confidence in the U.S. reached an 18-year high in September. According to a report in Reuters, citing...
August 16, 2018
U.S. retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters, the Commerce Department revealed that,...