Commerce

BUSINESS Commerce

China’s Trade Surplus With U.S. Rises At All-Time High

China’s monthly trade surplus with the US hit a record high of almost $29 billion in June as exports to America remained strong. The figures come a week after the trade war between the two began, with the US imposing tariffs on $34 billion on Chinese goods, and China retaliating. Washington has threatened to impose 10 percent tariffs on another […]

BUSINESS Commerce

4 Easy Ways To Boost Your Productivity Fast

All of us want to be more productive, but that can be easier said than done. You can start out the day with big plans to do your best, only to find a quick check of Facebook has led to your whole day being frittered away on pictures of cats and funny videos. Fortunately, you can be more productive with […]

BUSINESS Commerce

Amazon Got PillPack!

Again, Amazon is on a roll; this time it’s forging its way into the pharmaceutical industry. The announcement has already shaken up the pharmaceutical industry sending stocks on a downward spiral. The giant American electronic commerce and cloud computing company has announced plans to buy online pharmacy PillPack, thus creating fears among rival healthcare firms of new competition from the […]

BUSINESS Commerce

Facebook Set To Introduce New News Experience

According to Alex Hardiman, Facebook’s Head of News Products, the news format on Facebook will be changed soon to offer users a new news experience. Trending, which was introduced in 2014 to generate news topics, though popular, reached only five countries and accounted for less than 1.5% of clicks to news publishers on average. “From research, we found that over […]

BUSINESS Commerce

U.S., China Cry Hold It On Trade War!

The U.S. and China have decided to put a hold on what was shaping up to be one of the biggest trade wars in recent times between the two countries. Both countries have decided to drop their tariff threats while they work on a wider trade agreement, the U.S. Treasury Secretary Steven Mnuchin, reportedly said. According to reports, an agreement […]

BUSINESS Commerce

Venezuela’s Authorities Grab U.S. Company —Kellogg

Government authorities in Venezuela moved in to take over American cereal manufacturer Kellogg plant after an announcement was made by the company to close its operations in the country. According to press reports, President Nicolas Maduro viewed the company’s decision to pull out of the country as part of the U.S. efforts to undermine the economy of his country. On […]

BUSINESS Commerce

Oil Prices On The Up

Although oil prices pulled back a bit from its three-and-a-half-year highs, they were on track for a second weekly climb in a row. Overall, traders ignore the utterances and decisions from U.S. President Donald Trump to pull out of Iran’s nuclear deal and re-impose sanctions on the country. On the New York Mercantile Exchange, June West Texas Intermediate crude oil […]

BUSINESS Commerce

T-Mobile U.S. Inc. And Sprint Corp. Ink Deal

The newly announced deal between T-Mobile U.S. Inc. and Sprint Corp will make the third and fourth largest U.S. wireless carriers a more formidable competitor against Verizon Communications Inc and AT&T Inc. — the country’s number one and two wireless service providers. The breakthrough came after many years of back and forth between both companies. The deal is bound to […]

BUSINESS Commerce

Amazon’s Whole Foods Market Gets “Yellow Fever” Blowback

Amazon’s Whole Foods Market has found itself in a spot of bother on social media after the newest store in its 365-grocery chain partnered with an Asian restaurant with the racially charged name of Yellow Fever. The newly opened Yellow Fever restaurant inside Whole Food, is owned by Kelly Kim, a Korean-American. It started four years ago and there are […]

BUSINESS Commerce

China’s Economy Continues To Gallop

China’s economy continues to show solid performance given its growth rate of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth rate for January to March was also above government’s 6.5% projection. The data shows resilience in the world’s second-largest economy, helped by strong consumer demand. […]