Countdown is on: 100 days to Expo 2020 Dubai
Mega event aims to drive collaboration and innovation to develop real-life solutions as the world heads into a post-pandemic economic recovery.
US and EU agree truce in Boeing-Airbus trade row
The US and the EU have agreed a truce in a 17-year trade dispute over subsidies for Boeing and Airbus.
Bitcoin drops as China intensifies crypto mining crackdown
Bitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining.
Fed’s Kashkari opposed to rate hikes at least through 2023
Minneapolis Federal Reserve President Neel Kashkari said on Friday he wants to keep the U.S. central bank’s benchmark short-term interest rate near zero at least through the end of 2023 to allow the labor market to return to its pre-pandemic strength.
European markets cautiously higher ahead of Fed meeting
The positive start in Europe follows cautiously optimistic sentiment elsewhere. Shares in Asia-Pacific were mostly higher in Tuesday afternoon trade, with Japanese and Australian stocks leading gains regionally, while U.S. stock index futures made modest gains in premarket trade as investors await the Federal Reserve’s two-day policy meeting which starts on Tuesday — a focal point for the markets this week.
UK and Australia agree broad terms of trade deal
The broad terms of a trade deal between the UK and Australia have been agreed, the BBC understands, with a formal announcement expected on Tuesday. UK Prime Minister Boris Johnson and Australian PM Scott Morrison agreed the deal over dinner at Downing Street. This is...
Google claims it is using A.I. to design chips faster than humans.
Google claims that it has developed artificial intelligence software that can design computer chips faster than humans can.
Digital dollar could push more investors into bitcoin, fund manager says
A digital dollar won’t doom bitcoin, according to two cryptocurrency fund managers.
UK economy grows in April as shops reopen
The UK economy grew 2.3% in April, its fastest monthly growth since July last year. Shoppers spent more on the High Street as non-essential shops reopened, and people bought more cars and caravans.
The UK economy grew 2.3% in April, its fastest monthly growth since July last year.
Shoppers spent more on the High Street as non-essential shops reopened, and people bought more cars and caravans. There was also more spending in pubs, cafes and restaurants as restrictions eased the Office for National Statistics (ONS) said. Despite the surge in...
European markets head for cautious open as global markets await U.S. inflation data
LONDON — European stocks are expected to open slightly higher on Thursday as global markets gear up for the latest inflation reading from the U.S.
The Fed is in early stages of a campaign to prepare markets for tapering its asset purchases
The Federal Reserve is in the early stages of a campaign to ready markets for reducing its $120 billion in monthly asset purchases to stimulate the economy.
