Charleston Lim
Writer
The Latest
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Apple Asks Suppliers To Consider Moving Production Outside Of China
Apple has reportedly asked its various suppliers to assess the possible costs of moving a portion of their production capacity to other Southeast Asian countries. 
Apple has reportedly asked its various suppliers to assess the possible costs of moving a portion of their production capacity to other Southeast Asian countries. -
US Steel Idles Three Blast Furnaces Amid Slowing Demand
United States Steel Corp announced that it will be shutting down two blast furnaces in the US and one in Europe to avoid producing too much supply and to lessen operating costs. 
United States Steel Corp announced that it will be shutting down two blast furnaces in the US and one in Europe to avoid producing too much supply and to lessen operating costs. -
Boeing Finds First New 737 Max Customer Since Global Grounding
Boeing got a vote of confidence from International Airlines who submitted a letter of intent to order 200 units of 737 Max jets. 
Boeing got a vote of confidence from International Airlines who submitted a letter of intent to order 200 units of 737 Max jets. -
Xpeng Motors Hits 10,000th Electric Car Milestone As China Intensifies Electrification
China's Tesla challenger rolled out its 10,000th fully-electric Xpeng G3 SUV at its production facility in Zhengzhou city this week. 
China's Tesla challenger rolled out its 10,000th fully-electric Xpeng G3 SUV at its production facility in Zhengzhou city this week. -
Costco To Open First Store In China To Take On Walmart
Costo will be opening its first brick-and-mortar store in the Minhang district in Shanghai on August 27. 
Costo will be opening its first brick-and-mortar store in the Minhang district in Shanghai on August 27. -
Dow Jumps As Trump Seemingly Confirms Meeting With Xi At G20
President Donald Trump confirmed on social media that he will definitely be meeting with President Xi Jinping at the upcoming G20 Summit next week. 
President Donald Trump confirmed on social media that he will definitely be meeting with President Xi Jinping at the upcoming G20 Summit next week. -
US To Send 1,000 More Troops To Middle East As Tensions Increase
US Defense Secretary Patrick Shanahan announced that he has approved the Central Command's request to send 1,000 additional troops to the Middle East. 
US Defense Secretary Patrick Shanahan announced that he has approved the Central Command's request to send 1,000 additional troops to the Middle East. -
Airbus Takes Advantage Of Boeing Woes With Launch Of New Jet Model
Airbus SE's new long-range jet airplane model called the A321XLR has a range of 4,700 nautical miles and a seating capacity of 240 people. 
Airbus SE's new long-range jet airplane model called the A321XLR has a range of 4,700 nautical miles and a seating capacity of 240 people. -
Huawei Predicts $30 Billion In Losses Due To US Trade Ban
Huawei's CEO Ren Zhenfei announced during a panel discussion at the company's headquarters in Shenzhen that he expects losses of around $30 billion over the next two years. 
Huawei's CEO Ren Zhenfei announced during a panel discussion at the company's headquarters in Shenzhen that he expects losses of around $30 billion over the next two years. -
Sotheby's Auction House Sold To French Billionaire Patrick Drahi For $3.7 Billion
The founder of the Netherlands-based telecom group Altice won the bid to purchase the 275-year old auction house for $3.7 billion. 
The founder of the Netherlands-based telecom group Altice won the bid to purchase the 275-year old auction house for $3.7 billion.
