China will crack down on the hoarding and speculation of commodities while ensuring supplies and prices are stable, in a move to tame price volatility seen in recent months, said China’s Ministry of Industry and Information Technology.

Global stocks mostly fell Friday as worries about rising Covid-19 cases and their effect on global growth weighed on sentiment, pushing Wall Street into the red for the week.

EU competition regulators will investigate whether a 3.2-billion-euro ($3.8 billion) restructuring plan for ailing Portuguese airline TAP is proportionate and complies with EU state aid rules, the European Commission said on Friday. 

The US Senate passed legislation on Wednesday to ban the import of products from China’s Xinjiang region, the latest effort in Washington to punish Beijing for what US officials say is an ongoing genocide against Uyghurs and other Muslim groups. 

Malaysia Aviation Group (MAG) has launched a tender for the sale of six Airbus A380-800 aircraft or their components, the company said in a post on LinkedIn on Thursday.

Alphabet Inc’s Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said. 

US import prices increased solidly in June as bottlenecks in the global supply chain persisted, the latest indication that inflation could remain elevated for a while amid strong domestic demand fueled by the economy’s reopening and fiscal stimulus. 

Federal Reserve Chair Jerome Powell on Wednesday pledged “powerful support” to complete the US economic recovery from the coronavirus pandemic, but faced sharp questions from Republican lawmakers concerned about recent spikes in inflation. 

Five years after President Tayyip Erdogan saw off a coup, his chances of extending his rule into a third decade may depend on whether he can reverse an economic decline that has seen Turks’ prosperity, equality and employment fall since 2013.

The European Central Bank should keep its policy ultra-easy to support the economic recovery in the euro area and insulate its financial markets from higher interest rates in the United States, ECB policymaker Ignazio Visco said on Thursday. 

The European Central Bank inched closer to a  “digital euro” on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.

China’s economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new Covid-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery. 

India’s move to ban Mastercard for breaching data storage rules has destabilized the country’s financial sector as it will disrupt bank card offerings and affect revenues, payments and banking industry executives said to Reuters. 

Transportation of goods from India to Bangladesh via freight trains doubled in the last fiscal year as the route is cost-effective and saves time.

After loosing 53 cars during xenophobic attacks in South Africa in 2019, Johannesburg car dealership owner Okey Uchendu never thought he would see his business destroyed again by civil unrest in less than two years.

US Trade Representative Katherine Tai and her British counterpart Liz Truss agreed to continue working to strengthen bilateral ties in a meeting in Washington on Tuesday, Tai’s office said in a statement.

The dollar hit three-month highs against the euro and world stocks slipped on Wednesday after a jump in US inflation fuelled expectations of a quicker end to Federal Reserve stimulus, while a drop in China’s crude imports dampened oil.

Japan’s economy will grow at a slower pace than initially expected in the third quarter, as fresh coronavirus emergency curbs in Tokyo, extending through the Olympic Games, weigh on consumption, a Reuters poll found. 

Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation, the country’s top banking and insurance watchdog said on Wednesday.

Britain’s fisheries have been sold out by the post-Brexit trade deal agreed with the European Union, the head of an industry body said on Wednesday, urging the government to do more for the sector when a so-called adjustment period ends in 2026.