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

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

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks 05/12/2025

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Economics

Optimism In UK Finance Industry Worst Since The 2008 Crash, Study Shows

The concerns and fears of the financial sector of the United Kingdom of the real possibility of a no-deal Brexit was reflected in a survey based study which showed that the optimism levels about the business outlook within the financial services firms in the country has touched a multi-year low and...

Unprecedented Proposals On Tech Made By China On Trade As Talks Progress: Reuters

A Reuters report published Thursday claimed that incredible proposals on trade have been made by China to the United States over a wide range of points including the sticky issue forced technology transfer in the effort between the two sides to come to an agreement on trade and end the ongoing...

Industrial Profits In China Note Highest Drop Since Late 2011

The first two months of the current year marked the worst slump in profits since late 2011 for the industrial companies of China according to data released on Wednesday. .this was because of drop in domestic demand, because of a slowdown of the Chinese economy, and a drop in demand in foreign...

IEA: global energy demand rose by 2.3% in 2018

Global energy demand rose 2.3% last year. This is the fastest pace this decade, the International Energy Agency said. Natural gas showed the greatest growth and provided 45% of the growth in energy consumption. Demand for all fuels rose last year. Solar and wind generation grew at double-digit...

New Round Of Face-To-Face Talks Between US And China On Trade War

The White House has confirmed that face-to-face negotiations would be held next week between trade representative of the United States and China aimed at bringing an end of the trade war that is ongoing between the countries. Following next week’s meeting, further talks would be held when...

Analysts: Beware of “Japanese” effect on European economy

The crisis in Japan is now characterized as a “lost decade”: the economy has barely grown, the country has been experiencing deflation, and a huge amount of bad debts has undermined banks. Then the second and third decades were “lost”. Only in 2016, nominal GDP returned to the level of 1997;...

Weak Factory Data Dents Hopes For Global Growth

Factory activity and manufacturing in the top five economic superpowers in the world in March had cooled down significantly impacting the prospect of global economic growth. There was contraction at the fastest pace in the last six years in the factory activity in the 19-country euro zone...

A Formal Trade Deal With China Is Quite Likely: Trump

There was significant progress in the trade talks with China, said United States President Donald Trump and added that a final agreement on a deal "will probably happen". He also said that just because he has called for retaining the import tariffs on Chinese products into the US for some more...

Venezuela’s misfortunes can ignite energy crisis in Cuba

Last week, the leader of the Venezuelan opposition Juan Guaidó told reporters that he ordered to stop the supply of oil to Cuba. He explained his decision by a major accident in the country's energy system, which led to de-energizing of most of the country. The explanation seems quite logical....

Japanese Govt. Downgrades Its View On Its Economy As China Slows Down

The Japanese government has, for the second time in the last three years, downgraded its headline assessment of its economy on Wednesday because of factors such as a cooling down of exports into China because of a slowdown in the Chinese economy. The Japanese government however refused to say that...