Chinese manufacturers of handbags, footwear and jewellery are poaching customers from European luxury brands. Over the past four years, sales of five Chinese handbag brands on the Tmall platform have grown by 51 per cent annually, whilst the entire handbags and luggage category on the platform has been in decline.
The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) have officially announced the establishment of the Africa Energy Bank (AEB).
A strategic telecommunications infrastructure, used to ensure the security of the state border and the operation of the 112 emergency service, has been seized as part of enforcement proceedings relating to the commercial debts of a private company.
The dollar’s global dominance has been underpinned by oil trade for decades. China is using a completely different foundation to strengthen its currency – green technologies. And Washington risks noticing the changes only when it is already too late.
BOSTON—It is not easy to be optimistic about climate change nowadays. In the United States, President Donald Trump’s administration has eliminated incentives for clean-energy investment, slashed funding for numerous private-sector projects, and rescinded long-standing rules limiting greenhouse-gas (GHG) emissions from vehicles and power plants.
Local authorities in Moldova can receive funding of up to $20,000 to develop and test innovative solutions aimed at addressing the challenges faced by the local community.
Energocom SA has launched a public tender for the procurement of network and IT security equipment. The estimated value of the procurement is 2.4 million lei, excluding VAT.
US President Donald Trump has refuted the FBI’s statement that the cryptocurrency exchange Binance was robbed by North Korean hackers. The matter is currently under investigation.
Moldova and Romania are preparing to sign a military cooperation agreement that will enable them to jointly procure military equipment under the European programme Security Action for Europe (SAFE).
The US-based company Cadence Design Systems has unveiled Maestro – a portfolio of specialised artificial intelligence models designed to automate specific stages of the design process for microchips and electronic systems. The company aims to speed up engineers’ work, improve the quality of results and reduce the costs of using AI in complex technical processes.
