Denmark Set to Remove 1,000 Crown Banknote From Circulation
Denmark is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation.
Regions
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients...
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China...
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders...
Facebook, Instagram Face EU Probe Over Suspicions of Failing to Impose Child Protection Policies
The European Union is investigating Facebook and Instagram under conce...
Latest News
EU Military Spending Hits Record High of €240 Billion Following Russia's Invasion of Ukraine
Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.
Germany's Unemployment Rate Rises to Highest Since 2021
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market.
Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kit
US Chip Export Ban Is Taking a Toll on Chinese AI Startups
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
US Airlines Adopt New Strategies to Speed Up Turnaround Time for Planes to Save on Costs
Airlines are adopting new strategies to streamline operations and reduce costs in the highly time-sensitive world of air travel.
Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say
US President Joe Biden's recent meeting with Chinese President Xi Jinping could signal a recouple in US and China's business relationships.
Israel-Hamas War Leaves Airlines Struggling With Major Slow Down in Bookings
Airlines are grappling with a significant decline in bookings following the conflict between Israel and Hamas as people cancel trips to the Middle East and nearby countries.
