INT
CMA and Microsoft will both claim win over acquisition
The UK competition watchdog will revisit the Microsoft-Activision deal, which it rejected in April
United KingdomEU-US code of conduct on AI will have global influence
The EU and Washington are working to develop a voluntary code of conduct on artificial intelligence (AI)
EUEuro-area GDP and CPI variance will widen by country
GDP grew by 0.3% quarter-on-quarter in April-June and headline inflation fell below core inflation in July
EUMusk's X can admire but not duplicate WeChat's model
Western social media platforms have long wanted to be a WeChat-style superapp; X is only the latest
InternationalUS economy myths risk distorting trade policymaking
Perceptions that the US does not manufacture or exports much anymore are wrong and risk distorting trade policy
United StatesFirm GDP momentum ends near-term US recession fear
The US economy grew faster than expected in the second quarter as investment outperformed and consumption held up well
United StatesUS rates have peaked if CPI and jobs slow as expected
The Fed raised rates by 25 basis points as widely expected but is hoping to hold rates for the rest of 2023
United StatesSea temperature findings will raise alarm globally
Several separate reports in recent days have highlighted the emergency facing the world’s oceans
International