Global Economy

Global Economy

EuroCham urges fair treatment

The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.

6h ago

Apple fined $570m and Meta $228m for breach of EU law

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

6h ago

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds

Just 37% of respondents to the six-day poll approve of Trump's handling of the economy

10h ago

EU slaps fines on Apple and Meta, risking Trump fury

The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.

13h ago

China says door for US trade talks 'wide open'

The fierce trade war between the world's top two economies has rattled markets and raised fears of a global recession.

16h ago

Stocks, dollar rebound as Trump backtracks on Fed attack

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 percent, adding that he would set the terms of a deal if Beijing did not enter talks

17h ago

IMF must be more active on debt restructurings, Georgieva says

Georgieva said they wanted the IMF to provide more technical assistance to countries grappling with high debt levels.

18h ago

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

He said a large portion of these new resources could be used to provide loans to help governments rapidly address actual or anticipated budget gaps and shore up health-care networks, water and sanitation systems, or other critical public systems impacted by foreign aid cuts.

20h ago

EuroCham urges fair treatment

The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.

6h ago

Apple fined $570m and Meta $228m for breach of EU law

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

6h ago

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds

Just 37% of respondents to the six-day poll approve of Trump's handling of the economy

10h ago

EU slaps fines on Apple and Meta, risking Trump fury

The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.

13h ago

China says door for US trade talks 'wide open'

The fierce trade war between the world's top two economies has rattled markets and raised fears of a global recession.

16h ago

Stocks, dollar rebound as Trump backtracks on Fed attack

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 percent, adding that he would set the terms of a deal if Beijing did not enter talks

17h ago

IMF must be more active on debt restructurings, Georgieva says

Georgieva said they wanted the IMF to provide more technical assistance to countries grappling with high debt levels.

18h ago

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

He said a large portion of these new resources could be used to provide loans to help governments rapidly address actual or anticipated budget gaps and shore up health-care networks, water and sanitation systems, or other critical public systems impacted by foreign aid cuts.

20h ago

Trump says won't fire Fed chief, signals China tariffs will come down

Trump's recent outbursts against Fed chair Jerome Powell had fanned concern that he would oust him, sending jitters through markets.

21h ago

IMF slashes global growth outlook on impact of Trump tariffs

Worldwide economic output will slow in the months ahead as US President Donald Trump's steep tariffs on virtually all trading partners begin to bite

22h ago