Amazon crosses $1 trillion market-cap
Amazon on Tuesday became the second company to touch the lofty market capitalization of $1 trillion, little more than a month after Apple became the first to reach the plateau. […]
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China-Africa: $60 bn investments for global change
China’s President Xi Jinping has offered $60bn in financial support to African countries and written off debt for the continent’s poorer nations. Speaking at the opening of a major summit […]
Swiss small company will do important climate fix project
A small Swiss company won $31 million in new investment on Tuesday to suck carbon dioxide from thin air as part of a fledgling, costly technology that may gain wider […]
EU-Trump: war over car tariffs is going on
US President Donald Trump has refused an offer from the European Union to scrap tariffs on mutual imports of vehicles, saying the proposal is a one-sided deal favoring Europe. The […]
EU Commission on the road to abolish daylight saving time
The European Commission will recommend EU member states abolish daylight saving, where clocks are advanced by one hour in summer, its president Jean-Claude Juncker said on German television Friday. “We […]
Argentina asks $50 bn help to IMF
IMF chief Christine Lagarde said the Washington-based lender would look at speeding up payments of the bank’s $50 billion loan after talks with Macri earlier Wednesday. The IMF approved the […]
Finma intends to reform anty-money laundering rules
The quickly evolving world of fintech is prompting regulatory reforms. The Swiss Financial Market Supervisory Authority (FINMA) has opened a consultation on proposed changes to its Anti-Money Laundering Ordinance (AMLO-FINMA) […]
UK is ready to launch a space program post-Brexit
Theresa May has reportedly given the go-ahead for Britain to start work on a British-made satellite navigation system to rival the European Union’s Galileo project. Chancellor Philip Hammond signed off […]