UK to announce high street regeneration plans next week

British Prime Minister Boris Johnson will set out next week plans to regenerate Britain’s high streets by expanding outdoor dining and investing more in sports facilities as part of his promise to “level up” the country’s economy.
11 July 2021, 18:00 PM

China condemns US economic blacklist

China said on Sunday it “resolutely opposes” the addition of 23 Chinese entities to a US economic blacklist over issues including alleged human rights abuses and military ties.
11 July 2021, 18:00 PM

Multinationals tax shift unlikely until 2022: Yellen

US Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to tax large, highly profitable multinational companies may not be ready for consideration by lawmakers until spring 2022.
11 July 2021, 18:00 PM

Economies remain fragile

China’s decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors a reminder that even the largest economies are likely to the need the occasional pick-me-up while the coronavirus pandemic lasts. 
10 July 2021, 18:00 PM

Biden signs order to tackle corporate abuses

President Joe Biden signed a sweeping executive order on Friday to promote more competition in the US economy, urging agencies to crack down on anti-competitive practices in sectors from agriculture to drugs and labor. 
10 July 2021, 18:00 PM

US, Canada raise concern over Mexico energy, investment climate

Trade ministers from the United States and Canada expressed concern on Wednesday about Mexico’s energy policies, as they met with their Mexican counterpart to mark the one-year anniversary of a regional trade pact.
8 July 2021, 18:00 PM

World food prices fall in June for first time in a year: FAO

World food prices fell in June for the first time in 12 months, pushed lower by declines in vegetable oils, cereals and dairy products, the United Nations food agency said on Thursday.
8 July 2021, 18:00 PM

Asian companies see smallest earnings upgrade in 12 months

Asian firms received their smallest upgrade in 12 months in June, hit by a resurgence of Covid-19 infections in the region which prompted new restrictions on people’s movement to curb fresh coronavirus outbreaks. 
8 July 2021, 18:00 PM

Limited capacity, logistics to slow Chinese bitcoin miners’ global shift

Large bitcoin miners fleeing China to escape a state crackdown will take many months to start operating again, as data centres from Texas to Siberia scramble to secure space and power for them, while many smaller players may struggle to move at all. 
7 July 2021, 18:00 PM

EU urges UK to accept Swiss-style deal to end agri-food standoff

The European Union urged London on Tuesday to consider a Swiss-style veterinary agreement with Brussels on agri-foods to end a post-Brexit 'sausage war' row over certain goods moving between Britain and its province of Northern Ireland.
7 July 2021, 18:00 PM

China to boost steel scrap use by 23pc in next five years

China plans to increase its use of steel scrap by 23 per cent to 320 million tonnes by 2025 and to increase production of recycled nonferrous metals, in an effort to ensure supplies and to meet the country's climate commitments.
7 July 2021, 18:00 PM

Boost to clean energy investment could drive 10m new green jobs

From offshore wind farms in Britain to floating solar power plants in Vietnam, about 13,000 renewable energy projects in nearly 50 countries are waiting for finance - and could create up to 10 million green jobs, consultancy EY-Parthenon said on Wednesday.
7 July 2021, 18:00 PM

IMF chief sees risk of sustained rise in US inflation

The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected. 
7 July 2021, 18:00 PM

Didi says it stores all user and roads data in China

China's ride hailing giant Didi Global Inc stores all China user and roads data at servers in the country and it is "absolutely not possible" that the company passed data to the United States, a senior company executive said on Saturday.  
3 July 2021, 18:00 PM

Global container crisis hits local exporters

Bangladesh's export is facing unprecedented delays because of the deepening container crisis globally and squeezed capacity in vessels, fuelled by the rebounding demand in the Western economies. 
3 July 2021, 18:00 PM

Major brands didn’t ensure proper payment of RMG workers in Bangladesh, other countries during pandemic: report

A report by Clean Clothes Campaign, garment industry's largest alliance of labour unions and non-governmental organisations, have found evidence of “wage theft” in the supply chains of leading brands.
3 July 2021, 07:34 AM

India’s industrial activity shrinks for first time in 11 months

India's factory activity contracted for the first time in almost a year in June as restrictions to contain the deadly second wave of the coronavirus triggered declines in demand and output that pushed firms to cut more jobs, a private survey showed on Thursday.
1 July 2021, 18:00 PM

Negotiations led by Bangladesh, TRIPS transition period for LDCs extended for 13 years

Transition period of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) for the least developed countries has been extended for a period of thirteen years.
30 June 2021, 09:53 AM

Global dirty money watchdog adds Malta to ‘grey list’, keeps Pakistan

A global dirty money watchdog said on Friday it had added European Union member Malta to its “grey list” of countries under increased monitoring, and kept Pakistan on the list despite progress on tackling terrorism financing.
26 June 2021, 18:00 PM

Scaled-down mobile congress returns to Spain

A smaller version of the world’s biggest mobile fair opens Monday in Spain under tight virus controls, with top firms avoiding an in-person presence after the pandemic derailed last year’s edition.
26 June 2021, 18:00 PM