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China, India’s timeline on border clashes differs

Bloomberg China’s defense ministry urged India to work with Beijing to ease tensions along their disputed border, while recounting its version of the events that lead to the deadly clashes between troops high in the Himalayas last week. Indian soldiers crossed the border on May 6 to construct barriers that blocked Chinese troops, which led to an escalation of tensions, ...

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US targets $3.1 billion of EU, UK imports for new tariffs

Bloomberg The US is weighing new tariffs on $3.1 billion of exports from France, Germany, Spain and the UK, adding to an arsenal of measures the Trump administration is using against the European Union that could spiral into a wider transatlantic trade fight later this summer. The US Trade Representative wants to impose new tariffs on European exports, while increasing ...

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UK mall landlords worried as $3.1bn rent comes due

Bloomberg British shopkeepers slowly emerging from three months of forced closure have a new problem on their hands: the rent is due. Third quarter rents on the country’s commercial properties are billed with about $3.1 billion owed by retailers alone, according to the British Property Federation. While mall landlords eventually got about half the rent owed for second quarter, government ...

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