Pritzker: China making strides toward friendlier biz climate
Commerce Secretary Penny Pritzker says there are new signs China is improving legal protections for western firms.
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Japan's Toyota, Mazda eye green alliance: Report
Japanese automakers Toyota and Mazda are considering a comprehensive tie-up in environmentally-friendly technology amid tightening regulations to cut greenhouse gas and tough emerging market competition, a report said Saturday. Under the partnership, Toyota plans to supply fuel cell and plug-in-hybrid technology to Mazda, which has lagged in electric-vehicle technology, the newspaper said. In return, Mazda will consider offering its proprietary “Skyactiv” green technology to Toyota, which it hopes to use
China April inflation muted, fuels calls for more easing
China’s consumer inflation was more muted than expected in April and producer prices fell for the 37th consecutive month, adding to concerns about growing deflationary pressures which are likely to trigger further policy easing. A seasonal jump in food prices aside, some economists said the figures pointed to moderate price pressures and lacklustre domestic demand in the world’s second-biggest economy. “Consumer prices remained sluggish in April and the risk of
Alibaba boosts to 9.3% its stake in online retailer Zulily
Alibaba Group Holding Ltd., China’s biggest e-commerce company that held its initial public offering last year, bought $56.2 million of stock in U.S. online retailer Zulily Inc. this week, according to a regulatory filing. The purchases brought Alibaba’s holdings of Seattle-based Zulily to 11.5 million shares, or a 9.3 percent stake, according to regulatory filings and data compiled by Bloomberg. Alibaba’s Zulily holdings were worth $152.9 million at Friday’s closing
Miley Cyrus Teams Up With Joan Jett and Laura Jane Grace for ''Androgynous''—Watch Now!
Miley Cyrus has combined her musical talents with her desire to spread awareness and love. The singer teamed up with transgender rocker and Against Me! frontwoman Laura Jane Grace and…
France's Agnes Varda to pick up Cannes' honorary Palme d'Or
French arthouse movie director Agnes Varda is to receive an honorary Palme d’Or at this year’s Cannes film festival, the first female handed the coveted award, organisers said Saturday. Only Woody Allen, in 2002, Clint Eastwood in 2009, and Bernardo Bertolucci, in 2011, have been granted the distinction “given to renowned directors whose works have achieved a global impact but who have nevertheless never won the Palme d’Or,” a festival
HBO wins libel case involving soccer ball-child labor report
NEW YORK (AP) — HBO did not defame a British sporting-goods company with a report that showed children stitching the company’s soccer balls, a federal jury in Manhattan has decided.
Venice Biennale represents rebalancing in the art world
VENICE, Italy (AP) — A Nigerian art critic and museum director is the first African to curate the Biennale contemporary art fair that opens Saturday for its seven-month run, while female artists are representing more countries than ever in national pavilions — trends seen as an informal rebalancing in the art world.
Is This The Most Shocking Interview Of 2015?
With so much chaos taking place around the world, today a man who has been focused on uncovering sensitive government and market information for over 15 years gave what is perhaps the most shocking interview of 2015. What he had to say will stun King World News readers around the globe.
Andrew Maguire: Broadcast Interview – Available Now
Andrew Maguire: Whistleblower, Independent London Metals Trader & Analyst – Andrew has 35 years trading experience, both as an institutional and independent trader. He is an accomplished veteran of the markets. In 2010 Andrew went public in an exclusive King World News interview and disclosed his notification to the US regulators at the Commodity Futures Trading Commission (CFTC) of fraud being committed and price manipulation in the int’l gold and silver markets.