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Four years after alleging that the company poached its employees with a goal of obtaining trade secrets, the two appear to be nearing a resolution. According to , Tesla says it’s reached a “conditional” settlement with Rivian and expects to seek the case’s dismissal by December 24. In the lawsuit filed in 2020, Tesla claimed […]
Mexican officials fear that rising tensions with the United States and Canada, in which they allege are serving as a conduit for Chinese parts and products into North America, could jeopardize their nation’s inclusion in the U.S.-Mexico-Canada Agreement (USMCA) as Mexico scrambles to replace the Chinese auto parts and products. What Is USMCA? The USMCA, […]
CDE warns against protectionism, urging export-focused policies to boost South Africa’s manufacturing competitiveness and economic growth. A leading development think-tank has cautioned authorities against protectionism that would stifle export-based economic growth. The Centre for Development and Enterprise (CDE) further called for an overhaul of industrial policy to move it away from protectionism, towards a focus […]
Jonathan India was a popular player in Cincinnati, but didn’t appear to have a path to everyday playing time there. (Photo by Keith Gillett/IconSportswire) The Kansas City Royals and Cincinnati Reds both traded from positions of depth on Friday. In a swap between central division upstarts, the Reds sent infielder Jonathan India and outfielder Joey […]
Mexico’s trade relationships were an important focus of President Claudia Sheinbaum’s final press conference of the week. Sheinbaum responded to Canadian Prime Minister Justin Trudeau’s latest remarks about the future of the USMCA free trade pact, and denied claims that Mexico is shipping Chinese products to the United States. Sheinbaum: Trudeau ‘knows our intention is […]
The Philippine and Canada flags | STOCK PHOTO MANILA, Philippines – Canada is sending its largest trade mission to Manila to help Canadian exporters and innovators position themselves in the Philippine market, the Canadian Embassy in Manila said Thursday. The mission, which will be in Manila Dec. 4 to 6, is composed of at least […]
The Peoples Democratic Party, PDP, in Osun State has strongly condemned the alleged assassination attempt on Wakeel Nurudeen Iyanda Alowonle, the Chairman of the Osun State Transport Management System, OSTMS. The party in a statement by Sunday Bisi, its chairman, also called for the immediate prosecution of Moses Lohor, the head of the Osun State […]
Taiwan’s foreign minister Lin Chia-lung met with European Parliament members this week in an unannounced stop in Brussels as part of his first visit to Europe to firm up ties. Taiwan has worked to strengthen ties with European countries as it faces an increasingly assertive China, which claims the self-ruled democratic island as part of its […]
Donald Trump’s policy to introduce tariffs will have a negative impact on the Australian economy but there are ways to diversify and increase Australia’s capacity to deal with Trump’s tariffs, writes Craig Hill. EVEN THOUGH TRUMP SAYS he’s going to do a lot of things, in reality he is usually constrained by the checks and balances in […]
What is trade credit? Trade credit is a short-term financing agreement that allows a customer to buy goods or services from a supplier and pay for them at a later date. Trade credit is also referred to as vendor credit or net terms. This type of financing is commonly used by business-to-business (B2B) companies. Trade […]