TRADE WARS - AFRICA DAILY

China firm in hostile bid for Australia-listed miner

Oct 23, 2012 (AFP)

A Chinese private equity firm on Tuesday announced a hostile takeover bid for Australia-listed Discovery Metals, valuing the copper miner at Aus$830 million (US...

China fires back at US presidential candidates

Oct 23, 2012 (AFP)

Beijing urged the US presidential candidates on Tuesday to refrain from inflaming tensions with China after President Barack Obama and challenger Mitt Romney vo...

Taiwan to review infrastructure opening to China

Oct 22, 2012 (AFP)

Taiwan legislators on Monday demanded a thorough evaluation of sensitive sectors in which China has invested or are open to Chinese investment. The move comes a...

French minister lambasts WTO over eurozone trade deficit with China

Oct 22, 2012 (AFP)

French Industry Minister Arnaud Montebourg made an outspoken attack Monday on the World Trade Organization and the growth of Chinese exports to the eurozone. Mo...

Japan trade tumbles amid global slowdown, China spat

Oct 22, 2012 (AFP)

Japan posted its worst September trade figures in more than 30 years, official data showed Monday, as the global slowdown and a territorial spat with China weig...

eBay pays 1.2m pounds in British taxes on sales of 800m pounds

Oct 21, 2012 (AFP)

Online auction giant eBay paid only 1.2 million pounds ($1.92 million, 1.47 million euros) in tax to the British government despite generating 800 million pound...

Huawei row shines light on East-West culture clash

Oct 21, 2012 (AFP)

US security fears over two China telecom firms have spotlighted Western suspicions Chinese companies are state-influenced, a culture clash analysts say could lo...

Fund in Argentine ship row offers to repatriate some sailors

Oct 19, 2012 (AFP)

A fund whose court claims have led to the seizure of an Argentine warship in Ghana has offered to repatriate its stranded sailors who are "of other nationalitie...

Safety still concern at Zambia's Chinese-owned mines

Oct 19, 2012 (AFP)

Work conditions at Zambia's Chinese-owned copper mines have improved, but the Asian giant's labour record is still clouding its sizeable investments into the co...

WTO sides with US on Chinese steel import duties, again

Oct 18, 2012 (AFP)

China did indeed break global trade rules when it imposed anti-dumping duties on US electrical steel imports, the World Trade Organisation ruled Thursday, confi...

Microsoft profit tops forecasts but revenue weak

Oct 18, 2012 (AFP)

US computing giant Microsoft on Thursday blamed a slowdown in personal computer sales for a fall in earnings and revenues for its fiscal first quarter. Microsof...

Venezuela escalates Mercosur Paraguay row

Oct 18, 2012 (UPI)

Venezuela escalated its diplomatic row with Paraguay, expelling the remaining embassy staff of the landlocked country in a further blow to prospects for healing...

Japan's Hokkaido welcomes Chinese, despite row

Oct 18, 2012 (AFP)

The governor of Japan's tourist haven island of Hokkaido said Thursday the doors were open for Chinese tourists and investors, despite frictions that have seen ...

Mobile commerce lifts eBay profits

Oct 17, 2012 (AFP)

US online giant eBay said Wednesday third quarter profits edged up two percent from a year ago to $597 million, driven by gains in mobile shopping and payments....

France backs Croatia's 2013 EU date

Oct 17, 2012 (UPI)

France said this week it still backs Croatia's bid for a 2013 accession to the European Union despite misgivings from leaders of the German Parliament. A spokes...

BHP chief says China steel surge has peaked

Oct 17, 2012 (AFP)

BHP Billiton chief Marius Kloppers said on Wednesday that China's steel surge had peaked and iron ore and steel growth was likely to decline, as the miner deliv...

U.S.-EU trade dispute ongoing

Oct 16, 2012 (UPI)

The spat between the European Union and the United States over alleged government subsidies to Boeing is far from resolved. The United States last month said it...

Argentine delegation in Ghana for talks on warship seizure

Oct 16, 2012 (AFP)

A delegation from Argentina on Tuesday met with Ghanaian officials in an attempt to negotiate the release of a warship being detained outside Accra over a bond ...

London Metal Exchange hopeful of 2012 takeover completion

Oct 15, 2012 (AFP)

The London Metal Exchange is hopeful of completing its takeover by the Hong Kong stock exchange by the end of 2012, LME chief executive Martin Abbott told the s...

Mexico takes textile dispute with China to the WTO

Oct 15, 2012 (AFP)

Mexico has called for discussions at the World Trade Organisation on Chinese support for its textile companies, a statement said on Monday. Mexico said it sough...