June 2019

Companies See Climate Change Hitting Their Bottom Lines in the Next 5 Years

WASHINGTON — Many of the world’s biggest companies, from Silicon Valley tech firms to large European banks, are bracing for the prospect that climate change could substantially affect their bottom lines within the next five years, according to a new analysis of corporate disclosures. Under pressure from shareholders and regulators, companies are increasingly disclosing the

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USTR, Treasury defend Trump strategy on trade row with China

The U.S. Trade Representative and Treasury Department have issued a statement defending Washington’s strategy in its trade dispute with Beijing. The statement seen on the USTR’s website Tuesday said the U.S. was “disappointed” by a report China issued over the weekend that accused the American side of backtracking in negotiations. The two sides are in

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US says China playing ‘blame game’ in trade battle

Image copyright Getty Images The US has said China is playing a “blame game,” misrepresenting trade talks between the two countries. In a statement, the Trump administration also accused China of “backpedalling” on trade agreements. The comments come in response to Beijing’s release of a paper blaming Washington for the setback in talks. The US

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China data suggests trade war hit; tech group reverses stand

A report Monday on Chinese manufacturing suggested that Beijing’s trade war with the Trump administration is causing domestic economic damage. Surveys of manufacturers across Asia for May showed that business confidence has been shaken by the conflict over President Donald Trump’s demands that Beijing change its industrial planning strategy and find other ways to redress

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