Commerce – BeeNewsDaily

Commerce

Samsung Enters In An Agreement With Lucky Group To Produce Their Phones in Pakistan

(July 16, 2021)---Samsung enters in an agreement with Lucky Group as local partners to produce their phones in Pakistan. Production facility will be operational by Dec 2021. Chairman CPEC working for socio-economic development of Pakistan, Asim Saleem Bajwa tweeted "This landmark development coupled with a number of upcoming Chinese Mobile…

Posted on July 16, 2021July 16, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Largest container ship hits East Coast as ports see surge

BAYONNE, N.J. (May 20, 2021) — With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on Thursday morning, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up. Even by…

Posted on May 20, 2021May 20, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Banking

Preparing for the Unknown: What a Capital Gains Rate Hike Could Mean

Although it is unclear what will happen to capital gains rates over the course of the next year, it is important to discuss the implications of what a rate hike could mean. We don’t know for certain whether the capital gains rate will be adjusted, what rate would apply if…

Posted on May 11, 2021May 11, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Big Oil and Gas Industry Group Backs Federal Price On Carbon

CITY OF WASHINGTON, DC (March 25, 2021) — The oil and gas industry’s top lobbying group on Thursday endorsed a federal price on carbon dioxide emissions that contribute to global warming, a reversal of longstanding industry policy that comes as the Biden administration has pledged dramatic steps to address climate…

Posted on March 25, 2021March 25, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

JW Marriott’s President And CEO Arne Sorenson Dies After Battle With Cancer

BETHESDA, MD---Arne Sorenson, the president and CEO of Marriott, the world's largest hotel chain, died Monday, the hotel giant announced Tuesday morning. He was 62. The company said in 2019 that Sorenson had been diagnosed with pancreatic cancer, and this month it announced he would be taking a step back from…

Posted on February 16, 2021February 16, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Banking

“The United States Takes Further Action Against Enablers of Venezuelan Oil Transactions, Including Sanctions Evasion Network”

WASHINGTON, D.C. (January 19, 2021)---today, Secretary Mike Pompeo issued this statement about sanctioning of the illegitimate regime of Nicolas Maduro. "The United States has sanctioned three individuals and 11 entities for their ties to a network helping Nicolas Maduro and his illegitimate regime evade U.S. sanctions on Venezuela’s oil sector. …

Posted on January 19, 2021January 19, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

“Commerce Department Will Publish the First Military End User List Naming More Than 100 Chinese and Russian Companies”

WASHINGTON (December 21, 2020)– The Bureau of Industry and Security (BIS) will amend the Export Administration Regulations (EAR) by adding a new ‘Military End User’ (MEU) List, as well as the first tranche of 103 entities, which includes 58 Chinese and 45 Russian companies. The U.S. Government has determined that…

Posted on December 21, 2020December 21, 2020 by BeeNews DailyBlog by BeeNews DailyBlog

China

China’s Grave Threats to the United States Economy”

The counterintelligence and economic espionage efforts emanating from the government of China and the Chinese Communist Party are a grave threat to the economic well-being and democratic values of the United States. Confronting this threat is the FBI’s top counterintelligence priority. To be clear, the adversary is not the Chinese…

Posted on December 18, 2020December 18, 2020 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

“Target Circle Celebrates One-Year Anniversary, Unlocks Holiday Deals for Nearly 80 Million Members”

MINNESOTA---Target's is celebrating their one-year anniversary of its popular, easy-to-use loyalty program, Target Circle, and will be offering its nearly 80 million members more ways to save big this holiday season. As one of the nation’s largest loyalty programs, Target Circle members have: Saved nearly $2 billion through Target Circle…

Posted on November 17, 2020November 17, 2020 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

“Samsung heir returns to business after father’s death, convenes design strategy meeting”

KOREA---Samsung Electronics Vice Chairman Lee Jae-yong convened a design strategy meeting Thursday in his first business activity since his father's death last month.Lee and high-ranking executives discussed the tech giant's future design plans during the meeting at its research center in Seoul, the company said.It was the first time that…

Posted on November 12, 2020November 12, 2020 by BeeNews DailyBlog by BeeNews DailyBlog