Tag: Chinese

BUSINESS

Oil Prices Slip

Oil fell more than $2 per barrel on Friday, on track for a second weekly decline, as investors worried about weakening Chinese demand and further increases in US interest rates. Brent crude was down $2.80 at $86.97 per barrel. US West Texas Intermediate crude was down $2.79 at $78.85. Support The Readers Bureau Buy A T-Shirt Today (4 different colors)! […]

BUSINESS

T&T Hit With Billions Of Dollars Claim From Chinese Contractors

The Trinidad and Tobago Government has been hit with a TT$2.5 billion or US$380 million claim from a group of Chinese contractors of an aluminum smelter plant as a result of the cancellation of the project in 2010. Prime Minister Dr. Keith Rowley said the People’s Partnership government headed by Kamla Persad Bissessar had improperly shut down the project. Alutrint […]

NEWS

U.S. Treasury Chief: Biden Considering Gas Tax Holiday, Chinese Tariff Cuts

WASHINGTON — U.S. President Joe Biden is considering declaring a federal gas tax holiday and curbing some tariffs on imported Chinese goods to help Americans cope with the surging cost of consumer goods, Treasury Secretary Janet Yellen said Sunday. “President Biden wants to do anything he possibly can to help consumers,” Yellen told ABC’s “This Week” show. “Gas prices have risen […]

NEWS

Trending News

Tens of thousands of Russians have fled to Istanbul since the invasion, outraged about what they see as a criminal war or concerned about their livelihoods back home. Russian forces hit Kyiv with heavy artillery strikes this morning after days of fighting in the suburbs. One projectile struck an apartment building. Moderna is expected to submit data this week on […]

BUSINESS

U.S. Adds Chinese Tech Companies To “Notorious Markets List”

Alibaba and Tencent are two of the latest companies to be added to the U.S. “Notorious Markets List.” These companies are said to be involved with trading counterfeit goods. The list identifies 42 online sites and 35 physical stores, including e-commerce platforms, run by a number of companies. The U.S. trade agency noted that these companies have engaged in or […]

BUSINESS

China’s Unicom Gets U.S. Ban

The U.S. has continued to put Chinese Tech companies under scrutiny with the latest being China Unicom. The Chinese telecoms giant was banned from the U.S. over “significant” national security and espionage concerns. The Federal Communications Commission (FCC) said it had voted unanimously to revoke authorization for the company’s American unit to operate in the US. The firm was given […]

NEWS

Top News Headlines Around The World

Minister Marion Hall Says Spice, Shenseea In ‘Race To Hell’  Former Queen of Dancehall says Spice is ‘played out’, Shenseea doing ‘forced labour’ Minister Marion Hall, former Queen of the Dancehall and one of Jamaica’s top lyricists, has taken aim at some of the top female dancehall acts in the local industry, urging them to turn to Christ and pointing […]

NEWS

FDA Warns Against The Use Of Chinese-made Syringes

The Food and Drug Administration (FDA) on Thursday advised health care providers against using certain syringes and needles manufactured by the China-based medical device company Guangdong Haiou Medical Apparatus Co., citing patient safety concerns. According to Reuters, the FDA received information about functional issues including incidents of needles breaking off and getting stuck in patients’ arms as well as accidental […]

Jamaica

Jamaica — Chinese Company Donates Masks

Photo credit: JIS D. Reid  The Chinese commercial vehicle manufacturer, Zhengzhou Yutong Bus Company Limited, has donated 9,900 masks to the Ministry of Transport and Mining. They were handed over recently by the local partner of the Chinese manufacturer, Stewart’s Automotive Group, in a recent ceremony. The masks are to be distributed to staff of the Ministry’s affiliate agencies, Jamaica […]

EDUCATION

Chinese Students Get Caught In Trump’s Crosshairs

The Trump administration is seriously contemplating canceling the visas of some Chinese graduate students and researchers. This new move comes against the background of the vexed issue of the COVID-19 pandemic, which Washington has blamed primarily on China. In past remarks, President Trump has accused China of hiding the outbreak first detected in Wuhan City. “This is really the worst […]