European aircraft producer Airbus said on Saturday that the United States government's decision to increase tariffs on aircraft imported from the European Union (EU) further escalated trade tensions between the U.S. and the EU. Full Story

Majority of Chinese banks to get fintech solutions from cloud market by 2024: report

By 2024, some 80 percent of China's banks will purchase and integrate financial technology (fintech) solutions from the cloud market, global market intelligence firm International Data Corporation (IDC) has predicted. Full Story

U.S. trade coalition calls for removal of tariffs as phase-one deal with China takes effect

Americans for Free Trade, a coalition of more than 150 industry associations, has urged the Trump administration to remove all additional tariffs, as the China-U.S. phase-one economic and trade agreement takes effect on Friday. Full Story

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