Epic Games, developer of the popular video game Fortnite, filed a lawsuit against Apple before the European Commission for abuse of a dominant position through the use of "anti-competitive restrictions" in the iPhone ecosystem, as reported by the company in a statement. Epic claims that Apple,…
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Japan’s GDP declines after 12 years

The Gross Domestic Product (GDP) of Japan, the world's third largest economy, registered an annual contraction of 4.8 % in 2020, the first since the 2009 financial crisis, despite the 3 % expansion observed in the last three months of the…

Inflation in the US remains at 1.4 % in January

The consumer price index (CPI) of the United States stood at 1.4 % last January compared to the same month last year, so it did not register any change compared to the year-on-year inflation observed during the previous month, according to…

Huawei expects a new open US policy

The founder and CEO of Huawei, Ren Zhengfei, expressed his wish that the new US government can have a "more open" policy, which would benefit the economy and the US companies themselves. "We hope that the US government can have a more open…

Chipmakers warn of a global supply shortage

The industry of processor manufacturing companies, among which is the US company specializing in mobile chips Qualcomm, have warned about a shortage of semiconductor supplies that could slow down the production of electronic devices around…

Argentina and the IMF want an agreement before May

The spokesman for the International Monetary Fund (IMF), Gerry Rice, said that the Washington-based institution will do everything possible to reach a debt agreement with Argentina before May, as suggested by Argentine Economy Minister,…

US GDP could recover by mid-year

The Gross Domestic Product (GDP) of the United States will return to its pre-pandemic levels in mid-2021, while surpassing its potential in early 2025, according to an analysis published by the Congressional Budget Office (CBO) . The…

David Frost to step down as UK security adviser

The Prime Minister of the United Kingdom, Boris Johnson, announced that the main negotiator of relationships with the European Union after Brexit, David Frost, will cease to be a national security adviser, after his appointment in 2020…