A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment.
Industry
ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future
The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats.
Shipping Industry Calls on UN to Protect Vessels, Seafarers Following Iran's Seizure of MSC Aries Container Ship
The shipping industry is urging the United Nations (UN) to take decisive action to protect merchant vessels and seafarers amid escalating attacks in the Middle East.
Joe Biden Moves to Triple Tariffs on Chinese Steel and Aluminum to Protect US Industries Against China's Unfair Practices
President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China.
EU Slams Meta's 'Privacy for Cash' Model, Says SocMed Platforms Should Provide Free Option Without Targeted Ads
EU privacy watchdog suggested that Meta platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising.
Latest News
Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.
Australia's employment fell in March following a big surge in February, while the jobless rate rose.
The finance team of Google is undergoing restructuring, which will include layoffs and relocations, as the company shifts its focus towards investments in AI.
The stock of Trump Media & Technology Group, the parent company of Trump's social media platform Truth Social, has become a crucial factor in the former president's financial standing ever since the company made its debut on the stock market in March.
Intel and other major tech companies have launched the Open Platform for Enterprise AI (OPEA) project.
Investors in Trump Media & Technology Group's stock witnessed another dip even after its social media platform, Truth Social, announced it was entering the streaming world.
The first quarter of 2024 saw China's GDP grow 5.3% year-over-year, above expectations. Employees work on an engine assembly line at an engine manufacturing factory in Qingzhou, in China's eastern Shandong province on April 16, 2024.
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.
