UK engine-maker Rolls-Royce on Tuesday expressed confidence over plans for Britain’s departure from the European Union, but revealed that the pound’s Brexit-fuelled slump has left it languishing in the red.

China said Thursday that it had begun purchasing more US farm goods, addressing a key sticking point in efforts to resolve a drawn-out trade war between the two economic giants.

The US Federal Reserve, under intense pressure from President Donald Trump to stimulate the economy, on Wednesday cut the benchmark interest rate for the first time in more than a decade but struggled to justify the move or explain where it goes next.

China’s $300 billion in tax cuts aimed at stimulating its slowing economy are starting to hurt the revenues of debt-ridden provincial governments, with poor western regions suffering the most from squeezed budgets, a Reuters analysis showed.

German high-end carmaker BMW on Thursday reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting its financial targets.

Core euro zone bond yields inched up from all-time lows on Thursday after US Federal Reserve Chairman Jerome Powell tempered bets on more rate cuts after the central bank’s first cut in more than a decade.

A third outlet of Peyala Café has recently opened at 49, Gulshan Avenue in Dhaka.

India on Saturday slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally friendly cars.

President Donald Trump sent more confusing messages to financial markets and trading partners on Friday, hailing the strong US dollar but refusing to rule out using intervention to get a more favorable exchange rate.

The American economy cooled in the second quarter of 2019 to a still-solid pace but officials nevertheless slashed one of President Donald Trump’s favorite economic numbers, government data showed Friday.

Messaging giant WhatsApp plans to launch its first payment service this year in India, its biggest market with 400 million users, the company said Friday.

President Donald Trump on Friday threatened to withdraw recognition of the special “developing nation” status of China and other relatively rich countries at the World Trade Organization unless changes are made to the body’s rules.

Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.

India’s auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the slowdown in vehicle sales continues, the president of the country’s largest industry group for auto parts makers said.

The European Central Bank is likely to point Thursday to a cut in interest rates in September, analysts say, although recent hints about kick-starting sluggish growth and inflation might even bring forward a move to this week.

The Indian Prime Minister’s Office wants the finance ministry to reassess the idea of issuing foreign currency overseas sovereign bonds, two sources knowledgeable about the development said on Thursday.

Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and moderating growth in India, but kept its full-year sales target intact.

The antitrust review of Big Tech announced by US regulators could signal a tough new stand on competition policy, but it may just be a political publicity stunt.

A quarter-point Federal Reserve interest rate cut in July is almost a done deal, according to economists in a Reuters poll, who expect another later in the year amid rising economic risks from the ongoing US-China trade war.

The Chinese parent company of popular video app TikTok will set up a data centre in India, as privacy concerns prompt Indian regulators to push for greater domestic storage of information.