Latest News
Lawmakers urge NBA players to cut ties with Chinese companies using slave labor
By Art Benavidez | Aug 10, 2021
Concerns are once again growing among U.S. politicians about NBA players who have endorsement deals with Chinese companies accused of using forced labor.
CEO hopes Depop acquisition will make Etsy 'the choice of the next generation'
By Alexus Barnhart | Aug 9, 2021
Etsy CEO Josh Silverman has announced the purchase of Depop, a popular second-hand clothing marketplace app in the UK, for $1.62 billion.
Penn National Gaming ponies up $2 billion to acquire Score Media and Gaming
By Valerie Bonk | Aug 9, 2021
Penn National Gaming announced that it has acquired Score Media and Gaming for $2 billion in cash and stock, according to a company press release.
Goods trade deficit widens on imports to $91.2 billion
By Christina Heath | Aug 1, 2021
Despite a rise in economic activity, the U.S. trade deficit in goods rose in June, according to a Reuters article.
The impact of China's national security laws and human rights violations on the cost of doing business in Hong Kong and Xinjiang
By Andy Nghiem | Jul 25, 2021
Electronic surveillance without warrants, surrender of corporate and customer data to the Chinese government and increasing pressure from the international community against China's abuse and detainment of the Uyghur population is driving up the cost of doing business in China.
Circle Internet Financial 'growing globally,' expanding in Bermuda, company COO says
By Karen Kidd | Jul 22, 2021
Circle Internet Financial's recently announced plans to provide payments and financial infrastructure for internet businesses and expand operations in Bermuda are a sign of things to come, a company executive said in a recent news release.
As China cracks down tech companies, U.S. markets brace for impact
By David Hutton | Jul 21, 2021
A crackdown by the Chinese government on its own tech companies listing on American stock exchanges could have a ripple effect that could impact U.S. investors.
Biden adds 10 more Chinese companies to economic blacklist
By Trina Thomas | Jul 21, 2021
The Biden Administration added 10 more Chinese companies to the economic blacklist as a result of alleged abuse of human rights and high-tech surveillance in Xinjiang, Reuters reported on July 8.
Milan branch of AIT Worldwide Logistics moves to larger facility
By Trina Thomas | Jul 19, 2021
AIT Worldwide Logistics, a global supply chain solutions provider, has relocated its Milan team to a larger facility within Lainate, a municipality of Milan.
Pew Research Center survey of 17 countries finds negative opinion of China on individual freedoms
By David Hutton | Jul 16, 2021
A recent survey of 17 nations in Europe, North America and Asia-Pacific asking if China respects individual liberties found overwhelmingly negative views.
Walmart continues to empower MSMEs through Vriddhi Cares, providing telecare services
By Bree Gonzales | Jul 15, 2021
Walmart recently expanded Vriddhi, its online business advice program in India, with Vriddhi Cares, to provide telecare services and health guidance to employees and family members of its suppliers in a country hit hard by the COVID-19 pandemic.
Robert L. Greener announces associated law offices in Europe and South America
By Timothy Stuckey | Jul 14, 2021
The law office of Robert L. Greener P.C. recently announced the expansion of its associated offices into Europe and South America in a press release last month.
Commerce Department bureau: Nation's monthly international trade deficit hit $71.2 billion in May
By David Hutton | Jul 9, 2021
Over the last several years the trade pendulum has continued to swing toward a deeper deficit for the United States, and that trend continued in May, according to data released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA).
Functional food market expected to grow to $268 billion worldwide by 2027, says Allied Market Research
By Andy Nghiem | Jul 8, 2021
The functional food market is projected to grow significantly within the next six years, driven by global consumer demand for more nutritious food, a market research group predicts.
Global health advocate: 13 fashion brands ‘still using sweatshops’
By Tamara Browning | Jul 2, 2021
Aeropostale, a U.S. retailer of casual apparel and accessories, is among 13 fashion brands that violate labor laws in the use of “sweatshops,” according to a global health and environmental advocate.
Groups say China’s U.S. investment is rebounding from COVID-19
By David Hutton | Jul 2, 2021
As U.S. companies continue to seek outside sources of investment, they continue to find a steady of stream of capital from China.
Major League Baseball appears eager to do business in China
By T.H. Lawrence | Jul 2, 2021
Baseball is in a pickle. Not the kind on the base paths, with a runner trying to dodge a tag, but with the game itself is facing a mounting problem with declining attendance, a continued sharp drop in national TV ratings and an aging and non-diverse fan base.
'Exciting opportunity' will deliver Chuck E. Cheese brand to Romanians
By Christina Heath | Jun 30, 2021
Global family entertainment giant Chuck E. Cheese is getting ready to expand to Romania after signing a franchise development agreement with EWAS Management Solutions.
Iran declares first-ever emergency shutdown of Bushehr nuclear power plant
By Karla Florez | Jun 28, 2021
The Associated Press (AP) reported last week that Iran’s Bushehr nuclear power plant declared an emergency shutdown, news that was confirmed on a local TV talk show by a source from the state-run electric company, Tavanir, Gholamali Rakhshanimehr.
NBA's 'exporter of American values' stance draws criticism when it comes to China
By T.H. Lawrence | Jun 24, 2021
League, players court controversy over China, human rights and voting laws