China’s global Belt and Road Initiative could boost economies and reduce poverty rates in dozens of developing countries, but risks environmental damage, debt and corruption if improvements aren’t made, the World Bank said Wednesday.

US President Donald Trump and Chinese leader Xi Jinping have agreed to meet at the G20 summit in Japan next week, raising hopes for a truce in the bruising trade war between the world’s top two economies.

Washington is planning another tidal wave of tariffs on Chinese imports that represent a worst-case scenario for markets and major industries on both sides of the Pacific.

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the US government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

China has halted a dispute at the World Trade Organization over its claim to be a market economy, a panel of three WTO adjudicators said on Monday, meaning Beijing must accept continued EU and US “anti-dumping” levies on cheap Chinese goods.

Huawei Technologies Co Ltd’s founder and CEO Ren Zhengfei said the impact of a US ban on the Chinese company was more severe than expected and warned that revenue would dip to around $100 billion this year and the next.

Inflation in China rose to its highest level in more than a year in May driven by surges in pork and fruit prices caused by the African swine fever epidemic and bad weather, official data showed Wednesday.

Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.

India’s Reliance Industries Ltd and partner BP said on Tuesday they would start developing a third gas field off India’s east coast.

Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US Inc’s $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.

The Group of 20 summit later this month could lead to progress towards a trade deal with China but is not the venue for a “definitive agreement,” US Commerce Secretary Wilbur Ross said Tuesday.

World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on US inflation was set to refine the odds of an early cut in interest rates there.

Technology is pervading every sphere and technological advancements are rapidly impacting our lives. Today, we spend a good amount of time dabbling with technology – be it while using apps on our smart phones or for that matter, playing games.

The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument of a former top economic advisor who said that Asia’s third-largest economy might be overestimating its growth rate.

President Donald Trump warned Monday he will slap huge new tariffs on China if his counterpart Xi Jinping doesn’t show up for a planned face-to-face meeting later this month and insisted the Chinese economy will never overtake the United States.

BP has raised estimates for Saudi Arabia’s crude oil reserves by 12 percent, marking the first major change to the country’s estimated reserves since 1989.

Chinese companies and investors are lining up in spades to take part in Shanghai’s new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the US blacklisting of telecom firm Huawei inflamed trade tensions.

US President Donald Trump renewed his threat Monday to slap tariffs on Mexico as controversy erupted over what exactly is in the countries’ new migration deal, which the Mexican government admitted would be reviewed in 45 days.

US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a key survey showed Tuesday.

US President Donald Trump’s attacks on the Federal Reserve have broken one set of precedents, his talk of stacking the central bank with political allies has strained another, and his on-again off-again tariff threats have made the economic outlook harder than ever to predict.