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Added on the 10/07/2018 06:34:24 - Copyright : Wochit
Beijing, July 17 (EFE) (Camera: Wu Hong).- American tech giant Apple on Friday opened its second flagship store in Beijing - touted as its largest in the Asia-Pacific region - amid raging trade tensions between the United States and China. The new Apple store is twice the size of the now-closed previous one located in the same area, inside the Taikoo Li shopping center in the wealthy neighborhood of Sanlitun. FOOTAGE OF APPLE'S SECOND FLAGSHIP STORE IN BEIJING
French President Emmanuel Macron on Friday urged Asian countries to join the "increasing consensus" against the conflict in Ukraine, telling them the war was "your problem" too. SOUNDBITE
President Joe Biden announces in Tokyo the launch of a new Asia-Pacific trading network with an initial 13 countries signing up, including India and Japan, although questions remain over the pact's effectiveness. "The United States and Japan together with 11 other nations will be launching the Indo-Pacific Economic Framework. This framework is a commitment to working with our close friends and partners in the region, on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. SOUNDBITE
On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.
Hong Kong (CNN) As United States President-elect Joe Biden faces an ugly, potentially contested transition, foreign policy may be the last thing on his mind. But in capitals around the world, foreign leaders are already clamoring for his attention, hoping to reset relationships and restore norms that shifted under President Donald Trump. Nowhere will there be greater opportunity for a shift than in the US-China relationship, which has deteriorated to historic lows during Trump's term in office. Over the past four years, both sides have slapped the other with trade tariffs, restricted access for tech companies, journalists and diplomats, shuttered consulates, and squared off militarily in the South China Sea.
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