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Amid external pressure, experts urged domestic companies to seek closer ties with countries and regions beyond the US.

Amid a wave of closures of various Indians banks' China operations, India's largest lender said it will not only stay committed to serving the mainland market but seek fresh growth opportunities, to boost both bilateral trade and the growing Chinese investments in Indian startups.

Among other anecdotes, the report cites the experience of a former third-party seller, Jason Boyce, who told the subcommittee’s staff about several instances over his seventeen years as a seller when Amazon leveraged his work, undercut him on price, and eventually drove him out of business,” leading him to found his own consulting business for Amazon sellers.

Amazon’s net shipping costs reached an all-time high of .85 billion during the fourth quarter?of 2015 and surpassed billion for the full year — a record expense that illustrates why the e-commerce giant is getting into the business of shipping and delivering packages itself, aiming to cut costs and reduce its reliance on UPS, FedEx, the U.S. Postal Service and others.

Among other projects, Volkswagen and diconium are planning to launch a global online sales platform allowing Volkswagen customers to purchase and manage all of the company's upcoming "We" car-sharing services and on-demand functions for their connected vehicles. The functions available will include multimedia streaming, automatic payment for fuel, battery charging and parking, and over-the-air updates.