The bank invested the funds in US and UK companies despite trade tensions between Washington and Beijing, the outlet reports  US investment bank Goldman Sachs set up a fund with Chinese state money to acquire a number of American and British companies, including one providing cybersecurity services for the UK government, the Financial Times reported…

Sweden is heading for a mild recession after its GDP dropped by 0.8% in the second quarter compared to the first three months of the year, Statistics Sweden announced on Tuesday.  The economic downturn in the Nordic region’s largest economy is linked to reduced exports of goods and a decrease in inventories, which contributed negatively…

The measure is aimed at easing the strain of the cost-of-living crisis on the population Berlin is considering the introduction of a three-year nationwide rent freeze in an effort to control housing costs in the EU’s largest economy, according to a senior figure in the country’s ruling coalition.