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OpenAI starts talks with Microsoft about new funding and future IPO 05/12/2025

U.S. Slashes China ‘De Minimis’ Tariff to 54% as Trade Truce Takes Effect 05/13/2025

Worsening Factory-Gate Deflation in China as Trade War Bites 05/11/2025

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Economics

"Cash is undeniably the most reliable means of payment in all circumstances." Interview with Thomas Savare, Managing Director of Oberthur Fiduciaire

According to a September 2018 study, cybercrime will have generated 1.5 trillion dollars in 2018 and all figures are on the rise. In this context, what is the role of banknotes security technologies? Digital technology is advancing and with it the means to protect dematerialized transactions. But...

Record Low For China’s GDP Growth For Second Quarter Due To Trade War With US

The growth of gross domestic product (GDP) of China for the second quarter of 2019 touched record lows at 6.2 per cent primarily because of the impact of the trade war with the United States. According to data published by the National Bureau of Statistics (NBS) of China, the economy...

Libra Will Have 100 Members Before Its Launch: Facebook Executive

Facebook expects that about 100 banks and financial firms will join its digital currency project Libra as soon as the social media platform is able to adhere to all of the regulatory concerns even though a number of high-profile partners including PayPal, Visa and Mastercard have exited the Libra...

US Not To Compromise On Trade Interests Despite 'Special Relationship' With UK

The former United States trade chief, Michael Froman, has said that despite the "special relationship" that the United Kingdom has with the US, London should not expect that any favorable terms in trade will be given by Washington. He said that no compromise on its own economic interest...

Copper prices keep falling after news from Chile

Copper is getting cheaper due to news from Chile: Antofagasta, one of the largest in the world, managed to prevent a strike of workers at the copper deposits demanding better wage conditions. The quotes are also pressured by the weakening economic growth of the global economy. Earlier, the IMF...

Bloomberg economists assessed likelihood of US recession in 2020

Bloomberg experts published a report assessing the likelihood of a recession in the US economy in 2020. Although some indicators aroused concern among analysts, in general, the situation, in their opinion, does not look threatening. The trade war with China, the reduction in hiring and investment,...

WTO Formally Allows US To Tariff EU Good Over The Airbus Subsidy Case

A formal authorization as given on Monday to the United States by the World Trade Organization (WTO) allowing Washington to impose import tariffs on products imported into the US from the European Union worth up to $7.5 billion. This was granted as a consequence of a ruling by an arbitrator panel...

Phase 1 Of A US-China Trade Deal Outlined By Trump, Suspends New US Tariffs

The first phase of a trade deal with China was outlined by the United States President Donald Trump on Friday which is being seen as the first concrete steps taken by the two sides to bring an end to the trade war between the two countries. Trump also suspended the imposition of a threatened tariff...

Signals Of Further Harsh Action On US Tech Being Given By EU Antitrust Chief

An interim order is expected to be imposed by European Union antitrust agency Margrethe Vestager against chipmaker Broadcom later this month with the aim of forcing the tech giant to stop some of its alleged anti-competitive business practices, even before the end of a complete probe into its trade...

China Offers A Partial Trade Deal To The US: Chinese State Media

China wants to offer the United States a “partial” trade deal and that it would be beneficial for both Beijing and Washington, said a Chinese state newspaper on Friday. It further urged the US to accept the offer that China was making. Analysts say that this is an attempt by China to bring...