Tag: trade

Trade groups express concern to FHFA over historic credit data

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish [...]read moreTrade groups express concern to FHFA over historic credit data

Trade groups express concerns on VA timeline for defaulted loan purchase program

Representatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay a mandatory compliance date with the agency’s Veteran Affairs Servicing Purchase (VASP) program, which aims to prevent foreclosures against military personnel who experienced financial hardship due to the ongoing economic [...]read moreTrade groups express concerns on VA timeline for defaulted loan purchase program

Trade war tactics: How Volvo will land a cheap Chinese EV on U.S. shores

A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s best-selling EV, but for about $8,000 less. The EX30 from Volvo Cars, the Swedish luxury brand owned by China’s Geely, foreshadows the fierce competitive threat U.S. automakers could face from Chinese EV manufacturers [...]read moreTrade war tactics: How Volvo will land a cheap Chinese EV on U.S. shores

CesiumAstro claims former exec spilled trade secrets to upstart competitor AnySignal

CesiumAstro alleges in a newly filed lawsuit that a former executive disclosed trade secrets and confidential information about sensitive tech, investors and customers to a competing startup. Austin-based Cesium develops active-phased array and software-defined radio systems for spacecraft, missiles and drones. While phased-array antenna systems have been used on satellites for decades, Cesium has considerably [...]read moreCesiumAstro claims former exec spilled trade secrets to upstart competitor AnySignal

Rihanna on Why She’d Want to Trade Places With Her Sons and Her Newest Sneaker Launch (Exclusive)

Rihanna once belted out “Just Live Your Life,” but motherhood these days has her wanting to switch places with her young sons! The “Don’t Stop the Music” songstress shared her wishful thinking while at her FENTY x PUMA Creeper Phatty Earth Tone sneaker launch party in London on Wednesday, where she brought up her sons when [...]read moreRihanna on Why She’d Want to Trade Places With Her Sons and Her Newest Sneaker Launch (Exclusive)

At the e-P Summit trade show, the fashion world is enthusiastic about AI and its plethora of uses

Still hesitant a year ago, the luxury and fashion industry is now embracing artificial intelligence without holding back. The phenomenon has taken the sector by storm and is beginning to have a tangible impact at all levels, whether in terms of organisation, logistics, sales, design, communication and so on. This was the conclusion reached by [...]read moreAt the e-P Summit trade show, the fashion world is enthusiastic about AI and its plethora of uses

Judge sides with trade groups, halts new CRA rules

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to court documents reviewed by HousingWire. Judge Matthew Kacsmaryk sided with organizations including the American Bankers Association (ABA), the U.S. Chamber of Commerce and [...]read moreJudge sides with trade groups, halts new CRA rules

Ship in Baltimore bridge collapse passed inspections: Singapore officials | International Trade News

Maritime and Port Authority of Singapore says Dali was serviced for ‘faulty monitor gauge for fuel pressure’. The cargo ship involved in the collapse of the bridge in the United States city of Baltimore passed overseas inspections and had valid certificates covering its structural integrity and equipment functionality, Singapore’s port authority has said. The Dali [...]read moreShip in Baltimore bridge collapse passed inspections: Singapore officials | International Trade News

Canada’s former PM Mulroney, who led North American free trade, dies at 84 | Politics News

Canadian Prime Minister Justin Trudeau hails Mulroney’s role in creating ‘modern, dynamic, and prosperous country’. Canada’s former Prime Minister Brian Mulroney, who led his country into a sweeping free trade deal with the United States, has died. He was 84. Mulroney, who governed Canada from 1984 to 1993, died peacefully surrounded by family, his daughter, [...]read moreCanada’s former PM Mulroney, who led North American free trade, dies at 84 | Politics News

Singapore-based fintech Xalts acquires digital trade platform Contour Network

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. [...]read moreSingapore-based fintech Xalts acquires digital trade platform Contour Network