Category: Business

Chinese leader Xi issues a positive message at a meeting

BEIJING (AP) — China’s nationalist leader, Xi Jinping, called for closer trade ties with the U.S. during a meeting on Wednesday with top American business leaders in Beijing that came amid a steady improvement in relations that had sunk to the lowest level in years.Xi emphasized the mutually beneficial economic ties between the world’s two…

Rocket Lab

DedicatedSmall Launch Electron is the second most frequently launched U.S. rocket, delivering mission success for commercial and government satellite operators.Offering dedicated and rideshare options, tailoredorbits, schedule control and responsive launch. We deliver your mission, your way. Source

Myanmar junta turns to barter to deal with growing trade

Trucks parked on the Thai side of Friendship Bridge No. 2 on the Thailand-Myanmar border during the second week of April (EPA) Myanmar’s military regime is implementing a barter system to cope with the country’s growing trade deficit, sinking kyat, and soaring prices, according to sources in the business community. On Tuesday, the Union of…

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Reduced profit for Kjell & Company

Kjell & Company reports a profit before tax of 10.6 million kronor for the fourth quarter of the year. This can be compared to the profit of 11.5 million during the corresponding quarter a year earlier. Net sales increased marginally to 773.4 million, from 768.8 million kronor. CEO Andreas Rylander says in a comment in…