First China-made Tesla booked in 3 min | # AsiaNewsNetwork

They might get access to some EV incentives, too, unless the government in China pulls them back. According to a media report, Tesla has released the prices for made in China Model 3 sedan and has started accepting bookings. American automotive... More..

by | Published 14 days ago
Donald Trump to end preferential trade treatment for India on June 5
by | Saturday, June 01, 2019

Donald Trump to end preferential trade treatment for India on June 5

India has responded to a decision by United States of America (USA) to withdraw India's GSP benefits with effect from 5th June 2019. Trade issues are likely to come up during their meeting. Previously, the Tr...More..

USA touts its LNG as molecules of liberty
by | Saturday, June 01, 2019

USA touts its LNG as molecules of liberty

Perry compared America's gas exports to America's involvement in World War II (you're welcome, greatest generation!) by saying, "The United States is again delivering a form of freedom to the European contine...More..

UK Low Paid Workers Lowest Since 1980
by | Saturday, June 01, 2019

UK Low Paid Workers Lowest Since 1980

The Commission's decision only confirms the basic increase in minimum rates while confirmation of the specific rates (including new allowance rates) for each individual Award have not yet been released. This wo...More..

Crude Oil Prices Edging Higher Towards Key Resistance Levels
by | Saturday, June 01, 2019

Crude Oil Prices Edging Higher Towards Key Resistance Levels

Worldwide benchmark Brent crude was trading at $64.34 per barrel at 0700 GMT for a 1.3% loss after it closed Thursday at $65.19 a barrel. However, the trade impasse between the world's two largest oil consume...More..

Trump's threat of Mexico trade war sends markets lower
by | Saturday, June 01, 2019

Trump's threat of Mexico trade war sends markets lower

The surprise move exacerbated the earlier damage from the U.S. Trump said Thursday the United States will impose a 5 percent tariff on all imports from Mexico , saying the nation hasn't done enough to disc...More..

Uber posts $1 bn loss in Q1 on growing revenue
by | Friday, May 31, 2019

Uber posts $1 bn loss in Q1 on growing revenue

Chai said Uber was seeing a reduction in price competitiveness from some rivals. With its share price trading more than 10 per cent below its IPO price of $45, Khosrowshahi will have to convince investors ...More..

US DOJ might want ridiculous demand to approve T-Mobile-Sprint deal
by | Friday, May 31, 2019

US DOJ might want ridiculous demand to approve T-Mobile-Sprint deal

Department of Justice could have a very specific - and outrageous - demand in mind before it will approve the T-Mobile-Sprint merger . But that doesn't answer another question: why Amazon would want to becom...More..

Air Canada flights and services temporarily being affected by technical issue
by | Friday, May 31, 2019

Air Canada flights and services temporarily being affected by technical issue

He says some Wednesday flights have been cancelled due to planes being out of position after cancellations Tuesday, but the company plans to operate its full schedule. In a statement from Air Canada provided by...More..

1,000 Family Dollar/Dollar Tree stores will add booze to boost sales
by | Friday, May 31, 2019

1,000 Family Dollar/Dollar Tree stores will add booze to boost sales

Another strategy is the expansion of its test of Dollar Tree Plus merchandise, which the chain offers at "multi-price points". Discount retailer Family Dollar will add booze to boost sales. In March, it was a...More..

Huawei calls on USA courts to throw out ban on its equipment
by | Friday, May 31, 2019

Huawei calls on USA courts to throw out ban on its equipment

Huawei filed a motion in US district court in Texas Wednesday challenging the constitutionality of the ban, which prohibits federal agencies from buying Huawei devices. The Trump administration says the compa...More..

Alibaba to raise Dollars 20 bln in Hong Kong listing in H2
by | Friday, May 31, 2019

Alibaba to raise Dollars 20 bln in Hong Kong listing in H2

TechCrunch has reached out to Alibaba for comment and will update the story if ... The listing is officially meant to diversify Alibaba's funding and boost liquidity, Bloomberg and others reported, citi...More..

Trump ready to threaten Mexico with tariffs over immigration
by | Friday, May 31, 2019

Trump ready to threaten Mexico with tariffs over immigration

Invoking the International Emergency Economic Powers Act, Trump said the United States will start at five percent, but keep ratcheting up by another five percent every month, culminating with 25 percent beginni...More..

Uber to ban riders who get rotten rating from drivers
by | Thursday, May 30, 2019

Uber to ban riders who get rotten rating from drivers

The tables are turning, however, and Uber says that riders who have below average ratings risk being deactivated in the Uber app, which would prevent them from ordering cars. Have a low Uber passenger rating? ...More..

Huawei asks court to deem USA security law unconstitutional
by | Thursday, May 30, 2019

Huawei asks court to deem USA security law unconstitutional

China's Huawei Technologies Co Ltd has filed a legal motion seeking to declare a US defense law unconstitutional, in the telecom equipment maker's latest bid to fight sanctions from Washington that threaten...More..

China dangles a potentially harmful new threat in trade war
by | Thursday, May 30, 2019

China dangles a potentially harmful new threat in trade war

The move came after the People's Daily , China's largest newspaper, explicitly warned the United States on Wednesday that China would cut off its rare earth supply, saying "don't say we didn't warn you", a p...More..

Huawei reviewing ties with FedEx after two packers were 'diverted to America'
by | Wednesday, May 29, 2019

Huawei reviewing ties with FedEx after two packers were 'diverted to America'

According to Reuters , Huawei is reviewing its relationship with FedEx after it found that the courier service diverted two packages that were bound for Huawei's China offices to the U.S. There were four shi...More..

MacKenzie Bezos Pledges To Donate Half Of Her $36 Billion Fortune
by | Tuesday, May 28, 2019

MacKenzie Bezos Pledges To Donate Half Of Her $36 Billion Fortune

Within their agreement, MacKenzie Bezos will retain approximately 4 percent of Amazon's outstanding common stock, which is reportedly worth around $35.6 billion and will make her the third-biggest shareholder...More..

by | Tuesday, May 28, 2019

Giant Rat Snake Found Hiding in Shopping Carts at Walmart in Texas

A Northeast Police Department officer was patrolling near the Walmart located in the 11700 block of USA 380, in Cross Roads, when a loud scream got the officer's attention. The Northeast Police Department s...More..

Custer County Prepares for Memorial Day Services
by | Tuesday, May 28, 2019

Custer County Prepares for Memorial Day Services

Whitmore Ave. The Legion Honor Guard will salute the dead, and the Legion will play Taps. David Brandeberry will perform chaplain duties. The alleged vandalism happened the same weekend that the veterans serv...More..

Fiat Chrysler proposes merger with Renault
by | Monday, May 27, 2019

Fiat Chrysler proposes merger with Renault

The Renault-Nissan-Mitsubishi combine now makes around 10.8 million automobiles, compared with Germany's Volkswagen and Japan's Toyota , both on around 10.6 million. FCA has a highly profitable North America...More..

Knock-on impact for Nissan in Fiat Chrysler and Renault tie-up
by | Monday, May 27, 2019

Knock-on impact for Nissan in Fiat Chrysler and Renault tie-up

Fiat Chrysler Automobiles (FCA) has proposed a "50/50 merger" with Renault , the French vehicle maker's board has confirmed. However, a deal with Fiat could put the prospect of full merger between Renault ...More..

Panasonic Denies Cutting Off Ties With Huawei Amid US Pressure Campaign
by | Monday, May 27, 2019

Panasonic Denies Cutting Off Ties With Huawei Amid US Pressure Campaign

In the ongoing trade battle between China and the United States, Huawei was blacklisted by the U.S. government, forcing USA companies to stop doing business with the company. More companies are going to mak...More..

Ex-Jet Airways chairman Naresh Goyal, wife denied permission to travel overseas
by | Monday, May 27, 2019

Ex-Jet Airways chairman Naresh Goyal, wife denied permission to travel overseas

They were deboarded and informed they could not leave the country. They left the airport around 5 pm and reportedly returned to their Mumbai residence. The CEO and other senior executives have quit. They were...More..

Huawei Can No Longer Include SD Card Slots on its Devices
by | Sunday, May 26, 2019

Huawei Can No Longer Include SD Card Slots on its Devices

This means Huawei will not be able to use SD Cards on their future phones . There is no official announcement or confirmation yet but a source earlier checked SD Association's website (SDA) and noticed Hu...More..

Live Stream AEW Double or Nothing PPV Online
by | Sunday, May 26, 2019

Live Stream AEW Double or Nothing PPV Online

Punk and WWE don't seem to be on the best of terms following WWE Dr. Chris Amann's lawsuit against Punk and Cabana, but the wrestling world has changed thanks to AEW . In the main card Chris Jericho and Kenn...More..

Facebook's Cryptocurrency to be Presented in 2020
by | Sunday, May 26, 2019

Facebook's Cryptocurrency to be Presented in 2020

Earlier this month, the Wall Street Journal reported that Facebook has sought $1 billion in funding from payment technology companies such as Visa and MasterCard and financial institutions such as First Dat...More..

This tall Honda Civic Type R is built to go rallying
by | Sunday, May 26, 2019

This tall Honda Civic Type R is built to go rallying

James Rodgers, team manager at Team Dynamics, comments: "We're familiar with the race-winning FK8, however we wanted to showcase what can be extracted from the auto with just a few light modifications". Its nam...More..

Google has removed Huawei devices from Android.com
by | Saturday, May 25, 2019

Google has removed Huawei devices from Android.com

Huawei's existing business requires it to "rely on USA companies in the short and mid-term", he added. Washington is lobbying Britain not to use Huawei's products , and yesterday, South Korean newspaper Cho...More..

Fed may cut rates if inflation keeps disappointing: Bullard
by | Saturday, May 25, 2019

Fed may cut rates if inflation keeps disappointing: Bullard

In an interview with the Fox Business Network, Daly said she expects inflation to move to the Fed's 2% target, but not above that level. The minutes showed the Fed delving deep into the mechanics of how the...More..

Watchdog likely to bare teeth to mark data law anniversary
by | Saturday, May 25, 2019

Watchdog likely to bare teeth to mark data law anniversary

Only 13% have acted to restrict use of their personal data - though it's clear that consumers are concerned about privacy and being more discriminating with things like location sharing in mobile apps. Lookin...More..

Pressured by Rising US Stockpiles, Concerns Over Slowing Economy
by | Saturday, May 25, 2019

Pressured by Rising US Stockpiles, Concerns Over Slowing Economy

U.S. crude inventories swelled by 4.7 million barrels in the latest week to their highest since July 2017, the U.S. Energy Information Administration reported. The Director's Cut also reports that drilling perm...More..

Three reviewing Huawei 5G smartphone launches following United States ban
by | Friday, May 24, 2019

Three reviewing Huawei 5G smartphone launches following United States ban

Google , which makes the Android operating system, said it would have to restrict Huawei's access to its operating system thanks to the blacklisting , including the latest updates for new phones including ap...More..

IL company recalls more than 30 tons of beef for E. coli
by | Friday, May 24, 2019

IL company recalls more than 30 tons of beef for E. coli

The recalled beef products were packaged on April 19, 2019, and have an establishment number of EST. These include steak, ribs, and brisket cuts that are popular for summer cookouts and Memorial Day barbecu...More..

RBA Governor Signals a Cash Rate Cut
by | Friday, May 24, 2019

RBA Governor Signals a Cash Rate Cut

Dr. Lowe said without a cut in interest rates it was unlikely the bank's forecasts for lower unemployment and a lift in inflation would be met. As global demand has cooled over the past year, and a protra...More..