A sign hangs outside an Aldi grocery store in Chicago, Illinois. Scott Olson | fake pictures Discount store Aldi said Tuesday that it will open more than 70 stores by the end of the year, hoping to attract new customers and attract some of its rivals, such as Walmart and …
Read More »US-China relations will remain strained, says former US ambassador
There will be little progress on the phase one trade deal before the U.S. presidential election in November, former U.S. Ambassador to China Max Baucus said Tuesday. President Donald Trump signed the partial trade agreement with Beijing in January, but the coronavirus pandemic since then has affected China’s economy. There …
Read More »The United States sanctions 11 Chinese companies for human rights abuses in Xinjiang
The list compiled by the US Department of Commerce covers a variety of companies, including biotech companies and those that make wigs and appliances. US authorities claim that several of them use “forced labor involving Uighurs and other Muslim minority groups” in the Chinese region of Xinjiang. He accused others …
Read More »Ford Introduces 1,400-Horsepower Mustang Mach-E Electric Race Car
Ford introduced the all-electric Mustang Mach-E 1400, a one-of-a-kind prototype, to demonstrate the performance possibilities of all-electric vehicles. Ford Ford Motor has developed a racing version of its upcoming 1,400-horsepower Mustang Mach-E all-electric crossover with a top speed that’s not legal on the street. The company plans to use the …
Read More »Coca-Cola (KO) earnings Q2 2020
Ramin Talaie | fake pictures Coca-Cola is expected to report its second-quarter earnings before Tuesday’s bell. This is what Wall Street expects, based on an analyst survey by Refinitiv: Earnings per share: 40 cents expected Revenue: $ 7.18 billion expected The coronavirus pandemic has weighed on both supply and demand …
Read More »