Chinese e-commerce portal Yunji Weidian has hired investment banks for an initial public offering it plans to launch in the United States early next year, a source with direct knowledge of the matter said on Wednesday.
China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest economies remain locked in an intensifying trade war.
"Golden state" lawmakers have unanimously passed the California Cruelty-Free Cosmetics Act, making it unlawful for cosmetic companies to sell products in the state if any ingredients were knowingly tested on animals.
Indonesia will raise import taxes on more than 1,000 goods ranging from cosmetics to cars, as part of measures aimed at cutting imports and supporting a weak rupiah, the finance minister said on Wednesday.
The German finance ministry denied a newspaper report on Wednesday that Finance Minister Olaf Scholz had given up on plans to make internet giants, including Google, Apple, Facebook and Amazon, pay more tax.
Steinhoff's former CEO, Markus Jooste, told a parliamentary inquiry investigating an accounting scandal at the retailer that he was not aware of any accounting irregularities when he left the firm in December.
Brazil could become the world’s second-largest cotton exporter in the 2018/2019 crop cycle, jumping ahead one position to surpass India in the global rankings, Brazilian trade group Abrapa said on Tuesday.