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.

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.

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.

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.

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.

An Indian farm group said its members had planted a variety of genetically modified cotton seeds which have not been approved by the country’s government, an offence that could result in five years imprisonment.

Apple Inc said on Tuesday it had decided to cancel plans for a second data centre in Denmark and the company will expand its other site in the country instead.

British unemployment has held at a 45-year low, official data showed Tuesday, despite headwinds from Brexit and the slowing global economy.

The head of Germany’s BdB banking association said that cross-border mergers in the European banking industry were becoming more of a necessity, given the risks of weakened financial institutions for the euro zone.

Pakistan Prime Minister Imran Khan’s government was set to present an austerity-focused budget Tuesday, weeks after the country reached an agreement with the International Monetary Fund for a $6 billion bailout.

Japan’s Tokyo Electron, the world’s No.3 supplier of semiconductor manufacturing equipment, will not supply to Chinese clients blacklisted by Washington, a senior company executive told Reuters.