Tag: Trade and exchanges
Google takes cloud battle to European Commission against Microsoft
Google filed a complaint against Microsoft with the European Commission on September 25. The company behind the world’s most used search engine accuses the company behind the world’s most used…
Chinese technology in connected cars in Washington’s sights
The Biden administration filed a proposal on September 23 to ban connected cars that use Chinese or Russian technology. The reason given: a threat to national security. 1 min Cameras,…
Turkey puts on a show at the African Aeronautics and Defense Show
In South Africa, the African Air and Defense Show wrapped up its last day of conferences on Friday, September 20. Now it’s time for the air show this weekend, open…
Danish DSV buys German Schenker and becomes a logistics heavyweight
In Germany, it is one of the biggest public company sales in recent years, the Danish logistics group DSV buys its rival, the German Schenker, a subsidiary of the railway…
Brazil calls for postponement of European law on imported deforestation
Brazil is asking the European Union to postpone the entry into force of its new regulation against deforestation. This law would prohibit the marketing in the European Union of certain…
World Trade Organization calls for bringing more poor countries into global economy
Globalization and trade are not enough to reduce poverty in the world, more must be done for poor countries, says the report of the World Trade Organization (WTO), released on…
In Changsha, China, a pilot zone for Sino-African trade draws enthusiasm from merchants
In the heart of the Hunan region, in Changsha, China, is the permanent China-Africa Economic and Trade Exhibition Center, which brings together pavilions from each country on the African continent.…
2024 Olympics: Parisian traders deplore a mixed summer, despite the success of the Olympic Games
The Olympic Games were a sporting success for Paris, but not necessarily for its retailers, who gave a mixed assessment of the event. According to the specialized retail federation Procos,…
Government comes to the rescue of e-commerce sites
In South Korea, the government is launching a bailout plan for its e-commerce companies. $400 million of public money will be injected into two Korean e-commerce giants that can no…
Ethiopia liberalizes exchange rate regime, gets $3.4 billion in IMF aid
The Central Bank of Ethiopia (NBE) announced on July 29, 2024 a major reform of the exchange rate regime. Thanks to this change in a system that was until now…