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Business

Amazon announces four-day Prime Day discount event

NEW YORK -Amazon.com’s annual Prime Day sales event is scheduled for July 8 through July 11, expanding to four days from two days compared to last year, the company announced on Tuesday. “We’re extending it to four days because our…

Business

Taiwan adds China’s Huawei and SMIC to export control list

TAIPEI -Taiwan has added China’s Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, which includes other proscribed organisations like the Taliban and al Qaeda. Inclusion on the economy ministry’s trade administration’s strategic high-tech commodities entity…

Business

Highlights from Trump’s business and income disclosure

SINGAPORE/NEW YORK -Donald Trump reported more than $600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday. The annual financial disclosure form, which appeared to cover the 2024 calendar…

Business

The dollar’s crown is slipping, and fast

LONDON -The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fuelling outflows from the world’s biggest economy. With the dollar down almost 10%…

Business

Trump’s FAA nominee vows to hold Boeing ‘accountable’

WASHINGTON -President Donald Trump’s nominee to head the Federal Aviation Administration vowed on Wednesday to hold Boeing accountable after a series of safety issues raised questions about the U.S. planemaker. Republic Airways CEO Bryan Bedford said at a Senate Commerce…