Country
China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
UK Energy Firm to Compensate 1,395 Customers $3M for Mishandling Their Complaints
Ovo has been ordered to pay $3M (£2.4M) in compensation and fines after regulators found it failed to address 1,395 customer complaints promptly, with each customer receiving $301 (£271).
China's Economic Outlook Is a 'Flashing Red' With Weak Recovery, Analysts Warn
China’s economic outlook is deteriorating, with lowered GDP growth expectations and housing, consumer spending, and industrial production issues.
US Inflation Falls to Lowest Since Early 2021, but Consumer Prices Remain High
In August, the CPI rose 0.2%, keeping inflation at 2.5%, its lowest since 2021, while traders anticipate an interest rate cut from the Federal Reserve.