US to hold Bahrain economic conference to launch Middle East peace plan
May 22, 2019

Official does not confirm Israeli and Palestinian attendance for first step in plan Palestinians believe will be in favour of Israel

The US will hold an international economic workshop in Bahrain in late June, seeking to encourage investment in the Continue reading

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

Trump’s trade war with China and Europe will hit global growth  IMF
October 13, 2018

UKs outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%

Donald Trumps trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Continue reading

Trump hits China with $200bn of new tariffs as trade war escalates
October 10, 2018

President imposes import tariffs that will affect US consumers as he criticises unfair practices

Donald Trump has intensified his trade war with China by imposing new tariffs of $200bn on Chinese goods arriving in the US from next week.

The Continue reading

Turkish lira rallies as Qatar makes $15bn loan pledge
September 10, 2018

Ankara officials will channel money into Turkeys financial markets and banks

Turkeys beleagured currency has bounced back from record lows after Qatar pledged to shore up the banking sectors shaky finances with loans worth $15bn (11.8bn).

A week after a Continue reading

General Motors warns Trump: tariffs could lead to ‘smaller GM’ and fewer jobs
July 6, 2018

Car giant, which employs 18,000 people worldwide, follows Harley-Davidson in warning Trump that tariffs policy is mistake

General Motors warned on Friday that expansive US tariffs on imported vehicles being considered by the Trump administration could lead to a smaller Continue reading