Global trade

The logo of Daimler is photographed on a car in Frankfurt, Germany, Wednesday, Feb. 6, 2019. Daimler has its annual press conference on Wednesday. (AP Photo/Michael Probst)
February 06, 2019 - 4:42 am
FRANKFURT, Germany (AP) — Automaker Daimler said Wednesday that its fourth-quarter net profit fell 49 percent to 1.64 billion euros ($1.87 billion) as the Mercedes-Benz luxury car business was buffeted by diesel woes and global trade conflict. Revenue rose 7 percent to 46.6 billion euros and the...
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Antonio Guterres, Secretary-General of United Nations addresses the annual meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 24, 2019. (AP Photo/Markus Schreiber)
January 24, 2019 - 3:41 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 9:25 p.m. Billionaire philanthropist George Soros says he thinks Chinese President Xi Jinping is "the most dangerous opponent of open societies." Soros said Thursday during a speech on the...
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German Chancellor Angela Merkel exits the stag after addressing the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 23, 2019. (AP Photo/Markus Schreiber)
January 23, 2019 - 6:51 pm
DAVOS, Switzerland (AP) — World leaders in favor of international cooperation and free trade struck back Wednesday against the wave of populist nationalism that has featured more prominently than usual at the gathering of elites in Davos, Switzerland. As a dizzying array of heads of state - from...
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Singer and co-founder of RED Bono, 2nd right, gestures to Afsaneh Mashayekhi Beschloss, founder of RockCreek, Christine Lagarde, Managing Director of IMF and Rwanda President Paul Kagame, from left, as he arrives for the "Closing the Financing Gap" session at the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 23, 2019. (AP Photo/Markus Schreiber)
January 23, 2019 - 5:40 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 11:35 p.m. France's economy minister says he expects the future chief of Renault to consolidate the French automaker's alliance with Japanese partner Nissan. Bruno Le Maire was alluding to the...
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German Finance Minister Olaf Scholz, left, and Chinese Vice Premier Liu He arrive for the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, Friday, Jan. 18, 2019. (AP Photo/Andy Wong, Pool)
January 18, 2019 - 1:35 am
BEIJING (AP) — China and Germany have promised to open their markets wider to each other's banks and insurers, giving Beijing a diplomatic victory amid trade tension with Washington and other governments. The two sides on Friday affirmed support for the global trading system that other governments...
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January 11, 2019 - 12:59 pm
GENEVA (AP) — The U.S. ambassador to the World Trade Organization has welcomed two rulings that backed the United States in a long-running dispute with Mexico over U.S. "dolphin safe" tuna labeling. The Trump administration has repeatedly criticized the WTO appellate body that delivered the rulings...
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FILE- In this June 26, 2018, file photo Chinese workers take a break outside a construction site wall depicting the skyscrapers in the Chinese capital at the Central Business District in Beijing. The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. (AP Photo/Andy Wong, File)
January 08, 2019 - 4:38 pm
WASHINGTON (AP) — The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. In a report titled "Darkening Skies," the anti-poverty agency said Tuesday that it...
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U.S. Undersecretary of Commerce for International Trade Gilbert B. Kaplan arrives as part of a trade delegation at a hotel in Beijing, China, Sunday, Jan. 6, 2019. The U.S. delegation led by deputy U.S. trade representative, Jeffrey D. Gerrish arrived in the Chinese capital ahead of trade talks with China,(AP Photo/Ng Han Guan)
January 06, 2019 - 7:32 pm
BEIJING (AP) — China has sounded a positive note ahead of trade talks this week with Washington, but the two sides face potentially lengthy wrangling over technology and the future of their economic relationship. Both sides have expressed an interest in settling their tariff fight over Beijing's...
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FILE - In this Friday, Sept. 21, 2018, file photo, soybeans are offloaded from a combine during the harvest in Brownsburg, Ind. China’s government says American envoys will visit Beijing on Monday for talks over a tariff fight that threatens to hobble global economic growth. (AP Photo/Michael Conroy, File)
January 04, 2019 - 12:36 pm
BEIJING (AP) — American officials are due in Beijing Monday for talks aimed at easing the U.S.-China trade battle that threatens to hobble global economic growth. The talks are going ahead despite tension over the arrest of a Chinese tech executive in Canada on U.S. charges related to possible...
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Dancers in traditional costumes perform to celebrate after the opening ceremony of the 2019 trading year at the Korea Exchange in Seoul, South Korea, Wednesday, Jan. 2, 2019. (AP Photo/Lee Jin-man)
January 02, 2019 - 6:36 am
BEIJING (AP) — Stock markets started the new year with a tumble, as disappointing Chinese economic data on Wednesday renewed concerns that a global trade war is weighing on growth. KEEPING SCORE: In Europe, France's CAC 40 fell 1.6 percent to 4,653 and Germany's DAX retreated 0.2 percent to 10,531...
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