Business

BEIJING, Sept. 18 (Xinhua) -- China's Ministry of Commerce (MOC) on Tuesday made remarks on the United States' decision to impose additional tariffs on 200 billion U.S. dollars worth of Chinese products.

The United States, disregarding international and domestic trending opposition, made an announcement to impose 10-percent additional tariffs on 200 billion U.S. dollars worth of Chinese products from Sept. 24, and take other escalating tariff measures.

New Delhi, Sep 17 (PTI) Broadband technology provider Sterlite Tech is looking at commanding 10 per cent share of the global fibre market by June 2020, company's chief executive Anand Agarwal said Monday.

The company is also focussed on enhancing production capacity of optical fibre and optical fibre cables.

"We are now looking to move fibre market share from 6-7 per cent to 10 per cent of global by June 2020," Agarwal told PTI.

By JOE McDONALD

BEIJING (AP) — One of China’s most prominent figures in global finance says Beijing should press Washington to end their tariff battle by clamping down on exports of goods needed by American companies, according to news reports Monday.

The comments by Lou Jiwei, a former finance minister and chairman of China’s sovereign wealth fund, follow reports regulators are squeezing American companies by slowing down customs approvals and stepping up environmental and other inspections.

GENEVA (AP) — More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report released Monday that highlights the speed with which the labor market will change in coming years.

SEOUL, September 17. /TASS/. The North and South Korean leaders will hold bilateral negotiations on Tuesday and Wednesday, said a spokesperson for the South Korean president’s administration at Monday’s briefing for journalists.

"Moon Jae-in and Kim Jong-un will hold two rounds of bilateral negotiations - on Tuesday and Wednesday," the administration official stressed.

HAVANVA, Sept. 16 (Xinhua) -- Cuban President Miguel Diaz-Canel on Sunday said his government is open to talks with the United States based on respect towards the island country's sovereignty, independence and its political system.

In an interview to Latin American network TeleSUR, Diaz-Canel said that after U.S. President Donald Trump came into power, relations between Havana and Washington have faced a "serious setback."

DOHA, Sept. 17 (Xinhua) -- Qatar has announced plan to produce first Qatari electric cars by 2023, local media reported on Monday.

The Qatari electric vehicles will be manufactured by the factory which will be established at a cost of nine billion U.S. dollars, said "Qatar Tribune" newspaper.

The project will be the first-of-its-kind in the Middle East as it is a whole new brand, said Ali bin Nasser al Misnad, Chairman of the Qatar Quality company, which is responsible for this project.

MEXICO CITY, Sept. 16 (Xinhua) -- Mexico's government is confident a new North American Free Trade Agreement (NAFTA) between Canada, the U.S. and Mexico will be reached by December, Presidential Spokesman Eduardo Sanchez said on Sunday.

The government of President Enrique Pena Nieto is hoping to sign an updated version of the 1994 trade accord before his six-year term ends on Nov. 30, Sanchez told reporters.

"We're working on it. Hopefully this government will get to sign it," Sanchez said on the sidelines of Mexico's Independence Day parade.

Mumbai, Sep 17 (PTI) "Thugs of Hindostan", featuring megastar Amitabh Bachchan and Aamir Khan in the lead roles, will hit the theatres on November 8.

The Yash Raj Films project also stars Katrina Kaif and Fatima Sana Shaikh.

Apart from announcing the release date, YRF also unveiled the logo of action entertainer.

Vijay Krishna Acharya is directing the movie, which marks the first collaboration of Bachchan and Khan.

"Thugs of Hindostan" has been extensively shot in picturesque locations of Malta and Rajasthan.

BEIJING, Sept. 16 (Xinhua) -- China added around 375 million jobs from the start of the reform and opening-up in 1978 to 2017, according to the National Bureau of Statistics (NBS).

The number of rural and urban jobs in the country totaled 776 million at the end of last year, up 93 percent from 1978, an NBS report showed.

Urban jobs reached 425 million at the end of 2017, up 346 percent from 1978.