Focus Washington - Page 31 of 49 from

Apple Signals Coronavirus Threat to Global Businesses

February 18, 2020 Focus Washington

Apple on Monday became one of the first companies to reveal how the coronavirus that has gripped China was affecting its business, saying it was cutting its sales expectations for this quarter, which a month […]

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U.S. Companies in China Report Staff Shortages

February 17, 2020 Focus Washington

Nearly half of the U.S. companies in China say their global operations are already seeing an impact from business shutdowns due to the coronavirus epidemic, according to a poll by Shanghai’s American Chamber of Commerce […]

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UK Post-Brexit Rules to ‘Turn off Tap’ of Low-Skilled Foreign Labor

February 16, 2020 Focus Washington

Britain will “turn off the tap” of foreign, low-skilled labor and require all skilled workers wishing to come to the country to have a job offer and meet salary and language requirements as it sets […]

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U.S. Companies in Vietnam Hit by Coronavirus Supply Chain Issues

February 14, 2020 Focus Washington

U.S. manufacturing firms operating in Vietnam are suffering supply chain issues caused by the coronavirus epidemic, according to a survey of American Chamber of Commerce (AmCham) members in Vietnam, the business chamber said on Friday, […]

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Saudi Arabia Business Climate Soon to Rival Dubai as Regional Hub

February 13, 2020 Focus Washington

Ronny Froehlich is a German entrepreneur that recently broadened his e-commerce business in Saudi Arabia, as the business was based in Dubai. He said: “If you want to be big in the Middle East, you […]

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Fed’s Powell Says Economy in Good Place

February 11, 2020 Focus Washington

Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the economy’s […]

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US and China will meet for the first time at a high level since Russia's attack on Ukraine as Biden tries to get Beijing's help with the war.

China to Halve Tariffs on Some U.S. Imports as Virus Risks Grow

February 6, 2020 Focus Washington

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that brought a truce to a bruising trade war between the […]

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Elon Musk Loses $5.9 Billion

February 6, 2020 Focus Washington

Elon Musk’s fortune is coming back down to Earth, since after an epic six-day rally, Tesla shares tumbled 17% Wednesday, the most in eight years, cutting the chief executive officer’s fortune by $5.9 billion, Bloomberg […]

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Huawei, Chinese Chip Makers Keep Factories Humming Despite Virus Outbreak

February 3, 2020 Focus Washington

Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus, […]

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UK Plans Full Border Checks on EU Goods

February 1, 2020 Focus Washington

British Prime Minister Boris Johnson is preparing to impose full customs and border checks on all European Union goods entering Britain from next year, in an attempt to increase pressure on the bloc in trade […]

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World Share Markets Struggle for Footing After Virus-Battered Week

January 31, 2020 Focus Washington

World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as headlines spoke of more cases and deaths, travel bans, evacuations, and factory […]

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U.S. Economy Growing Moderately in Fourth Quarter

January 30, 2020 Focus Washington

The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration’s coveted but elusive 3% annual growth target because of slumping business […]

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Fed to Keep Interest Rates on Hold

January 29, 2020 Focus Washington

The Federal Reserve will conclude its latest policy meeting on Wednesday with interest rates almost certainly to remain on hold but officials likely to discuss possible changes to how they manage the U.S. central bank’s […]

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Airbus Agrees to Settle Major Corruption Probes

January 28, 2020 Focus Washington

Airbus has agreed in principle to a settlement with French, British and U.S. authorities over an investigation into allegations of bribery and corruption, it said on Tuesday. The European planemaker has been investigated by French […]

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Amazon Asks Court to Pause Microsoft’s Work on Pentagon’s JEDI Contract

January 23, 2020 Focus Washington

Amazon said on Wednesday it filed a motion in court to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal until a court rules […]

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Ivanka Trump Takes Spotlight at Davos

January 23, 2020 Focus Washington

If the World Economic Forum gave President Donald Trump a break from his political and legal troubles at home, for his eldest daughter it presented another opportunity to stride across the world stage, The New […]

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Tesla Reaches $100Bn, Becoming Second Most Valuable Car Company

January 22, 2020 Focus Washington

Tesla reached a historical milestone Wednesday, when its shares rose 4%, to close Wednesday at $569.56, and give the company a market capitalization of $102.7 billion. And crossing that $100 billion valuation threshold sets Musk […]

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WSJ: Tesla Wants to Replicate China Success With German Factory

January 21, 2020 Focus Washington

Tesla CEO Elon Musk pulled off opening a brand-new car factory in China with breakneck speed, sending the company’s shares to record heights. A follow-up act in Germany faces potential speed traps, The Wall Street […]

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SpaceX Successfully Blows Up Rocket and Tests Crew Dragon’s Abort Systems

January 20, 2020 Focus Washington

SpaceX successfully tested the abort system for its crew capsule that will be transporting astronauts to the International Space Station (ISS) in several months. The abort feature is crucial for achieving the necessary certification from […]

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Trump Tells Farmers That China Trade Deal Will Be Good for Them

January 20, 2020 Focus Washington

President Donald Trump sought on Sunday to assure American farmers and ranchers hit by a protracted tariff war with China that a trade agreement he signed with Beijing will lead to major purchases of U.S. […]

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China to Increase Imports from U.S.

January 19, 2020 Focus Washington

China will negotiate with American companies and increase imports of U.S. goods and products according to market principles, an official with its state planner said on Sunday, Reuters informed. The United States has high quality […]

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China Posts Weakest Growth in Three Decades

January 17, 2020 Focus Washington

China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish […]

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Elon Musk Closing in on a $350 Million Payday

January 16, 2020 Focus Washington

Elon Musk is getting close to the first big payday from his massive stock package. In 2018, Tesla shareholders approved a pay package for Musk that pays him only in company stock options, and only if […]

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SpaceX to Blow Up Rocket Midair on Saturday Morning in Crew Dragon’s Inflight Abort Test

January 15, 2020 Focus Washington

SpaceX is set to launch it’s Crew Dragon capsule early Saturday, as part of a critical abort test that will simulate a Falcon 9 rocket broke apart over the Atlantic Ocean. Forecasters with the 45th […]

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Washington, Beijing Set to Sign Massive Purchases Deal

January 15, 2020 Focus Washington

The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as President Donald Trump and Chinese Vice Premier Liu He sign an initial trade deal that aims to vastly increase Chinese […]

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China Makes Strong December Exports as Trade Deal With U.S. Nears

January 14, 2020 Focus Washington

China’s exports rose for the first time in five months in December and by more than expected, signaling a modest recovery in demand as Beijing and Washington agreed to defuse their prolonged trade war, Reuters […]

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British Government Secretly Funded Reuters in 1960s, 1970s

January 14, 2020 Focus Washington

The UK government in secret funded Reuters in the 1960s and 1970s, as part of an anti-Soviet propaganda organization connected to MI-6, unclassified documents showed on Monday. According to the documents, the government used the […]

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China Trade Deal May be Signed after January 15, Trump Claims

January 10, 2020 Focus Washington

President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on January 15, said on Thursday the agreement could be signed “shortly thereafter”, Reuters reported. In an […]

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Stocks Rise Higher as Middle East Tensions Ease

January 9, 2020 Focus Washington

World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead to prospects of improved […]

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U.S. Job Growth Slows Down in December

January 9, 2020 Focus Washington

Job growth likely slowed in December, but the pace of hiring probably remains more than enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung […]

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