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Trade war ignites as China retaliates against US tariffs

WASHINGTON: Ignoring US President Trump’s warnings not to retaliate against American tariffs on Chinese products, Beijing did just that on Monday, slapping tariffs on $60 billion worth of American imports and spooking the world bracing for a trade war. “China will never succumb to foreign pressure,” the country’s foreign ministry …

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US court allows consumers antitrust suit against Apple

WASHINGTON: A divided Supreme Court ruled on Monday that consumers can pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. New Justice Brett Kavanaugh joined the court’s four liberals in rejecting a plea from Cupertino, California-based Apple to end the lawsuit. …

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Huawei is not controlled by China, executive says

LONDON: Huawei is a private company that is not controlled by the Chinese government and would refuse to hand over information to Beijing although no such request has been made, the firm’s vice president of Western Europe said on Tuesday. The United States has told allies not to use Huawei’s …

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UK unemployment rate hits 45-year low

LONDON: British unemployment has fallen to a 45-year low, official data showed on Tuesday, with the economy holding up despite prolonged Brexit uncertainty. The unemployment rate eased to 3.8 per cent in the three months to March — the lowest level since the final quarter of 1974, the office for …

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