Trade: Alibaba drops US jobs promise, OECD sees growth "peaking"

The OECD on Wednesday released its 2018 Economic Survey of the United States. The group sees good growth in GDP over the next two years but warns of risks related to trade policy and job growth among........»»

Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, Chinese news agency Xinhua reported on Wednesday......»»

Alibaba founder and .....»»

Chinese tech billionaire Jack Ma's promise to create 1 million new US jobs is the latest casualty of the trade war......»»

Two words: Trade war Alibaba founder Jack Ma said the Chinese company will no longer create one million new jobs in America, as he had previously promised U.S. President Donald Trump due to the rocky trade relationship betwe.....»»

Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to U.S.-China trade tensions, Chinese news agency Xinhua reported on Wednesday......»»

Alibaba chief Jack Ma says the waves of new tariffs imposed by the US and China have "destroyed" his already ambitious promise......»»

Chinese technology tycoon Jack Ma is recanting his promise to create one million jobs in the U.S., citing the trade spat between the world’s two biggest economies......»»

The global economy will continue to expand strongly in the coming years, but trade tensions could hinder investment and slow the pace of expansion, said the OECD......»»

Shares of Logitech International jumped 8% in early Swiss trade as the computer peripheral maker upgraded its 2021 outlook. It now sees 57% to 60% sales growth at constant currencies on $1.05 billion i.....»»

The state added 4,200 jobs in November after adding 9,800 in October. The unemployment rate fell from a revised 6.8% in October......»»

Investors brace for historically negative jobs report.....»»

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus......»»

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus......»»

Dow Inc beat Wall Street's estimates for quarterly profit and revenue on Wednesday, helped by growth in volumes in Asia as well as lower costs, and the chemicals maker pointed to a recovery in demand this year as trade tensions ease......»»

Dow Inc reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery in demand this year on the back of easing trade tensions......»»

The World Bank says the global economy should see a modest rebound in growth this year......»»

The World Bank says the global economy should see a modest rebound in growth this year......»»

Trade deals with Mexico, Canada, and China will boost economic growth next year, says Spartan Capital economist Peter Cardillo. Political risk could send stocks down but he otherwise sees U.S. equities gaining 6% to 7%......»»

The dollar rose and global equity markets soared on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest recession fears and briefly taking the spotlight off contentious U.S.-China trade talks......»»