International business news

Here are some recent international business news stories:

Global Economy

• The International Monetary Fund (IMF) has cut its global economic growth forecast for 2023, citing rising inflation and interest rates. (Source: Reuters)
• The World Bank has warned that the global economy is facing a "perfect storm" of challenges, including high inflation, supply chain disruptions, and climate change. (Source: BBC)

Trade and Tariffs

• The United States and China have reached a tentative agreement to ease trade tensions, with China agreeing to increase its purchases of US goods and services. (Source: CNBC)
• The European Union has imposed tariffs on $3.2 billion worth of US goods, including bourbon, peanut butter, and orange juice, in response to US tariffs on EU steel and aluminum. (Source: CNN)

Company News

• Amazon has announced plans to launch a new grocery store chain in the United States, which will offer a wider selection of products and lower prices than its existing Whole Foods Market stores. (Source: The New York Times)
• Tesla has reported a record quarterly profit, driven by strong demand for its electric vehicles and solar panels. (Source: Bloomberg)
• Alibaba Group has announced plans to invest $15 billion in its Chinese e-commerce platform, Taobao, to boost its competitiveness in the country's rapidly growing online shopping market. (Source: South China Morning Post)

Financial Markets

• The Dow Jones Industrial Average has hit a record high, driven by strong earnings reports from US companies and optimism about the global economy. (Source: The Wall Street Journal)
• The European Central Bank has kept interest rates unchanged, but signaled that it may raise rates in the future to combat inflation. (Source: Financial Times)
• The Japanese yen has weakened to a 24-year low against the US dollar, amid concerns about the country's economic outlook and the impact of the COVID-19 pandemic. (Source: The Japan Times)

Technology

• Google has announced plans to launch a new cloud-based gaming platform, Stadia, which will allow users to play high-quality games on their TVs, computers, and mobile devices without the need for a dedicated gaming console. (Source: The Verge)
• Facebook has announced plans to launch a new cryptocurrency, Libra, which will be backed by a reserve of traditional currencies and will be available to users around the world. (Source: The New York Times)
• Apple has announced plans to launch a new streaming service, Apple TV+, which will offer original TV shows and movies to users around the world. (Source: Variety)