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Asian shares fall as U.S.-China trade spat escalates

TOKYO/SYDNEY Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.

Recent Business News

Volvo sets goal of 25 percent recycled plastics in cars from 2025

OSLO At least 25 percent of the plastics used in new Volvo car models from 2025 will be from recycled materials, the Chinese-owned company said on Monday in an anti-pollution plan praised by the United Nations.

Unilever takes stand against digital media's fake followers

LONDON Consumer goods giant Unilever , the world's second-biggest advertiser, is cutting ties with digital media "influencers" that buy followers, saying it wants to help make advertising more transparent.

Jun 17 2018

Apple, Qualcomm battle over possible ban on some U.S. iPhone imports

The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc's patents, a move that could lead to blocking the import of some iPhones.

Jun 15 2018

GE should be fined if French job pledges not met: France

PARIS U.S. company General Electric should be fined if it does not create as many jobs at Alstom as agreed when it purchased its energy subsidiary in 2015, a French government spokesman said on Sunday.

Jun 17 2018

Foxconn announces North American headquarters in Wisconsin

SHANGHAI Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city's downtown area.

Jun 16 2018

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