American global telecommunications conglomerate Comcast aims to make its blockchain initiative Blockgraph commercially available in 2019, according to a press release published Dec. 21. “Comcast is currently working with NBCUniversal to test Blockgraph’s capabilities with plans of incorporating it into its addressable offering in early 2019,” states the release. Comcast is a global media company founded in 2001, that provides […]

The Trump administration says US troops are being withdrawn from Syria, after the president said the Islamic State (IS) group had been “defeated”. The Pentagon said it was transitioning to the “next phase of the campaign” but did not give details. Some 2,000 troops have helped rid much of north-eastern Syria of IS, but pockets […]

Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a $1bn (£790m) investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it the state capital’s biggest private employer. One expert said the area had a […]

BEIJING — China’s exports decelerated in November amid a tariff battle with Washington and cooling global demand. Customs data on Saturday showed shipments to the United States rose by a relatively robust 12.9 per cent over a year ago to $46.2 billion, down from October’s 13.3 per cent. Overall, China’s global exports rose 5.4 per […]

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. […]

Chinese exporters (and likey their American counterparts) have figured out a way for some items to skirt tariffs. U.S. Customs and Border Protection determined last week that Chinese hardwood plywood is circumventing lumber tariffs by using Vietnam , Panjiva Research pointed out on Monday. The end-around is expected to have begun when duties were applied to certain types […]

China is demanding the release of telecoms giant Huawei’s chief financial officer, who has been detained in Canada. Meng Wanzhou, the daughter of the company’s founder, could face extradition to the US. She was arrested in Vancouver on 1 December, but the news was not made public at her request. The charges remain unknown but […]

Chinese officials have said they are “confident in implementing” trade commitments made to the US “as soon as possible”, without giving details. An ongoing trade war has seen both countries impose duties of billions of dollars on one another’s goods. Over the weekend, a temporary truce was agreed between US President Donald Trump and Chinese President […]

Russia will develop missiles banned under a Cold War agreement if the US exits the pact, President Vladimir Putin has warned. His comments follow Nato’s accusation on Tuesday that Russia has already broken the Intermediate-range Nuclear Forces (INF) Treaty. Signed in 1987 by the US and USSR, it banned both countries’ use of all short […]

A proposed cut by China to tariffs on US car imports created confusion in Washington, a day after it was announced by US President Donald Trump. Beijing has not yet confirmed the move and President Trump’s advisers appeared less certain about the agreement. Uncertainty also surrounded the details of the broader trade war truce struck […]