A.N. Basil

A.N. Basil

The Latest

  • Steel Tariffs: U.S. Approves More Exclusions For China And Japan Than Canada
    Steel factory
    China and Japan are receiving more tariff exclusions in steel imports. Canada isn't receiving the same and India may lose its status as a GSP beneficiary.
  • Global Watch: Continental Europe Particularly Vulnerable to Slowdown
    Brexit by German index
    If the European economy experiences a severe economic slowdown, its negative impacts should not be blamed entirely on Brexit, an expert said. Political tensions across France, Italy, and Germany could also contribute to the economy's fallout.
  • Business: CEOs In Search Of Legal Options To Avoid U.S. Tariffs On Chinese Goods
    China US trade talks
    CEOs are scrambling to find ways that could ease them off of U.S. tariffs if the country does not reach a trade deal with China by March 2. Some companies have filed legal exclusions with the American trade office but to no avail.
  • Brussels Agrees To ‘More Talks’ Amid Irish Backstop Deadlock
    PM Theresa May and EC President Jean-Claude Juncker
    The European Commission has agreed to discuss PM Theresa May's deal further as the Irish backstop looms over Brexit. A recent poll added to the pressure as it was revealed that most Irish people want their government to hold on to their stand against a compromise.
  • IKEA Joins ‘Circular’ Model Rush, Expands Refurbished Furniture Trade
    IKEA store
    IKEA is stepping up its "circular thinking" ventures as the company announced that it will try selling patched-up furniture to U.K. consumers. The Swedish provider will also introduce a new textile recycling model that could help propel the firm towards environmentally-friendly operations.
  • Wells Fargo Server Farm Accidental Fire Scare Resulted To Banking Services Outage
    A Wells Fargo stagecoach is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada.
    Wells Fargo customers complained on Thursday of blocked access to their online and mobile accounts. Some also complained of being unable to access their debit cards. The bank confirmed that their system is experiencing technical issues due to a smoke scare that took place in a data center in Minnesota.
  • China: Government Seeks Public Opinion on New Industry Catalog
    China streets
    A proposed industry catalog has just been released to the public. The new catalog is expected to boost foreign investments as part of Beijing's pledge of opening up the Chinese market to interested investors.
  • How China’s Man-Made Diamonds Could Change The Industry
    Diamond
    China's man-made diamonds is gaining popularity in the global gemstone industry. Some analysts predict that this particular sect can have a shot at reshaping the global market. This doesn't mean there's no opposition to the idea of natural diamond substitution.
  • Chinese Tech Giants Advance In Global AI Realm
    AI autonomous vehicle experience
    The global tech industry continues to grapple for power in the artificial intelligence sect. Among the top contenders are Chinese companies that originated from online retail, search engine services, and social media.
  • U.S. And EU Head To Trade Talks With Different Priorities
    Donald Trump and Jean-Claude Juncker
    A new round of trade talks is set to take place between the EU and the U.S. soon. However, some analysts pointed out that differences in priorities could make it difficult for both sides to strike a deal.
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