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News About World Trade
December 06, 2016
Amazon testing cashier-free retail store
San Francisco (AFP) Dec 5, 2016
Amazon on Monday unveiled a new kind of retail store, with no cashiers. In the concept store in Amazon's hometown of Seattle, Washington, customers can fill their shopping carts and walk out - with the costs tallied up and billed on their accounts with the US online giant. Amazon Go, which is being tested in a single store with Amazon employees and will open to the public next year, is a "checkout-free shopping experience made possible by the same types of technologies used in self-driving cars ... read more

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Satellite Services supplies on-board sub-systems for smallsats and microsats.
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Ratings agencies see China slowing down
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China must 'walk the talk' on trade: former WTO chief
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EU accuses China of wrecking 'green' goods deal
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
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24/7 News Coverage
Capuchin monkeys produce sharp stone flakes similar to tools

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Scientists examine bacterium found 1,000 feet underground

Smallpox, once thought an ancient disease, may have emerged in more recent times

Macaques have the anatomy, not the brain, for human speech

Why cryptophyte algae are really good at harvesting light

Critical zone, critical research at the weathering zone

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Erdogan wants trade with Russia, China in local currencies
Turkish President Recep Tayyip Erdogan said his country was moving towards allowing trade with Russia, China and Iran to be conducted in local currencies, as he continues his efforts to strengthen the falling lira. ... more
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China factory activity growth accelerates in November
China's factory activity grew at its fastest rate in more than two years in November, official data showed Thursday, as cheap credit and improving demand helped revive industry in the world's second-largest economy. ... more
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China merges steelmakers to forge new national leader
China officially established a new national steelmaking leader - the world's second-largest manufacturer - on Thursday by merging two giant mills, as Beijing pushes consolidation in the industry to combat overcapacity. ... more
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China puts brakes on overseas spending spree
Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. ... more
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Nasdaq head hopeful Trump will refine, not kill, trade
Nasdaq chief Robert Greifeld said Tuesday he was worried about a US trade war with China but expects President-elect Donald Trump to adopt a pragmatic approach once he takes office. ... more
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Surging homeowner loans in China raise alarms over debt
Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world's second largest economy. ... more
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Five on trial linked to $7.6 billion China 'Ponzi scheme'
Five people linked to a collapsed Chinese peer-to-peer lender have gone on trial for gold smuggling, state media said Friday, the first court case in a scandal that allegedly bilked investors of $7.6 billion. ... more
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Trump's TPP withdrawal gives China chance to redraw trade map
China will be handed the opportunity to reshape the rules for global trade and profit from a more isolated US if President-elect Donald Trump carries out his pledge to abandon the landmark TPP pact, observers say. ... more
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Chinese Coca-Cola workers strike over asset sale
Coca-Cola workers in three Chinese cities have gone on strike after the US soft drinks giant announced it was selling its bottling interests in the country. ... more
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Dollar rally plugs on, Tokyo boosted by soft yen
The dollar barrelled ever higher against most currencies Thursday, sitting at an eight-month high against the yen and hitting a record high against the Indian rupee. ... more
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China watching Trump policies, will defend trade rights
China will pay close attention to trade policies implemented by US President-elect Donald Trump, and will defend its rights in the World Trade Organization, a senior Chinese official said Wednesday. ... more
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Ex-Ericsson executives tell of massive bribery: report
Former executives with Swedish telecoms equipment giant Ericsson say the firm shelled out tens of millions of dollars in bribes between 1998 and 2001, the Swedish media reported Wednesday. ... more
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Flesh-and-blood Ken exposes Chinese labour conditions
A flesh-and-blood figure of Barbie's beau Ken stood in a giant pink box on a Lausanne street on Wednesday to highlight dire working conditions in Chinese toy factories. ... more
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New Christie's sale taps Asian quest for Western art
Auction house Christie's is holding its first ever sale of Western art masterpieces in Hong Kong this week in response to a surge in interest from wealthy Asian collectors. ... more
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Chile vows to strengthen trade with China
Chile vowed Tuesday to strengthen trade with China in the face of protectionist threats from US President-elect Donald Trump, as it prepared to host the Asian giant's president Xi Jinping. ... more
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Dow breaks record as global equities rise
Wall Street's post-election rally forged ever higher Tuesday, with the blue-chip Dow Jones Industrial Average finishing above 19,000 for the first time while stock indices across the globe also rose. ... more
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Space News from SpaceDaily.com
Juno Mission Prepares for December 11 Jupiter Flyby

Early US astronauts faced uncertainty, danger and death

Japan launches 'space junk' collector

Will Earth still exist 5 billion years from now

Amateur astronomer helps uncover secrets of unique pulsar binary system

ULA launches eighth Wideband Global SATCOM satellite

Air New Zealand signs contract for Inmarsat's GX Aviation

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Obama defends free trade at Asia-Pacific summit rattled by Trump
US President Barack Obama on Sunday defended free trade as fellow Asia-Pacific leaders vowed to fight protectionism after Donald Trump's shock election victory sparked fears for the future of global commerce. ... more
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China doubles down on free trade as Trump leaves a void
Chinese President Xi Jinping touted his country as a leader on free trade at a summit of Asia-Pacific leaders Saturday, stepping up to fill a void left by US President-elect Donald Trump's protectionism. ... more
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China signs new trade deals with Peru
China's President Xi Jinping signed new trade deals on Monday with Peru, one of its partners in its drive to boost world trade in the face of protectionist stirrings. ... more
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Asia-Pacific leaders talk trade in a Trump world
Top world leaders meet from Thursday to try to save their cherished free trade accords from feared extinction under US President-elect Donald Trump. ... more
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JP Morgan Chase to pay $264 mn to settle China bribe scandal
JP Morgan Chase has agreed to pay $264 million to settle a foreign bribery case dubbed the "princelings case" in which the bank gave prized jobs to friends and relatives of Chinese officials, US officials announced Thursday. ... more
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Finland pining for post-Nokia economic champion
Nokia was once the motor of Finland's economy, but since the demise of the company's mobile phone business the Nordic country has struggled to find a new engine for growth. ... more
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Italy cracks down on illegal Chinese immigration as Xi visits
Italian police on Wednesday launched a crackdown on illegal immigration from China, just hours before President Xi Jinping arrived on a flying visit that Rome hopes will bolster ties. ... more
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China weakens yuan to eight-year low
China on Tuesday weakened the yuan's fix against the dollar to a nearly eight-year low as the surging dollar put further pressure on the unit, complicating Beijing's efforts to manage it. ... more
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