Big Town Bulletin News

The Latest News and Information That Matters To You

Business

Business

China shipbuilders rip Trump’s ‘short-sighted’ US port fees

BEIJING -China’s shipbuilders on Saturday blasted as “short-sighted” U.S. port fees announced by President Donald Trump’s administration on China-linked ships, a measure aimed at the nation’s shipbuilding industry. Trump signed an order on Wednesday aimed at reviving U.S. shipbuilding and…

Business

China’s fiscal revenue falls 1.1% in January-March

BEIJING – China’s fiscal revenue decline slowed in the first three months this year as Beijing works to shore up its economy while weathering the storm from mounting U.S. tariffs. Fiscal revenue in the January-March period totalled 6.0 trillion yuan…

Business

Netflix signals confidence with upbeat revenue outlook

LOS ANGELES -Netflix executives on Thursday backed the company’s revenue outlook for the year and voiced confidence that the streaming service would weather any economic turbulence from President Donald Trump’s erratic tariff plans.    Following an earnings report that topped…

Business

Trump order seeks looser regulation of US fishing industry

U.S. President Donald Trump issued an executive order aimed at increasing domestic seafood production by directing the Commerce Department to loosen regulations and by opening up marine monuments to commercial fishing, the White House said on Thursday. WHY IT’S IMPORTANT…

Business

IMF sees US-China trade grievances, welcomes India tariff cuts

WASHINGTON -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade grievances, but the world’s two largest economies needed to reduce uncertainty and agree on a fairer, rules-based trading system. Georgieva, speaking…

Business

Canadians bought record amount of US shares in February

OTTAWA – Although tensions between Canada and the United States are high, Canadians bought a record amount of American shares in February, as U.S. stock markets hit an all-time high, official data indicated on Thursday. Statistics Canada said Canadians snapped…