The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Ticket resales company Viagogo has been suspended from advertising globally on Google's search engine.
Google took action on Thursday after concluding that the Swiss firm was in breach of its advertising policy, basing its decision on advice from advertising regulators. While Viagogo will not be able to advertise on Google, its suspension will not apply to organic search results.
The U.K.'s Competition and Markets Authority (CMA) announced earlier this month that it was moving forward with legal proceedings against Viagogo. The company faces contempt of court charges for allegedly failing to comply with a court order that demanded it overhaul its practices.
According to the CMA, Viagogo has not done enough to alter the way it sells products, and therefore is in breach of U.K. consumer protection law. It accused the company of using misleading ticket availability messages, failing to warn people that certain tickets may not guarantee entry to an event, and not displaying seat numbers for some tickets.
Google told CNBC via email that it would be suspending advertisements from Viagogo from Thursday.
"When people use our platform for help in purchasing tickets, we want to make sure that they have an experience they can trust," a spokesperson from Google said. "This is why we have strict policies and take necessary action when we find an advertiser in breach."
Cris Miller, Managing Director of Viagogo, told CNBC on Thursday that the firm was "extremely surprised" to learn of Google's concerns.
"We are confident that there has been no breach of Google's policies and look forward to working with them to resolve this as quickly as possible," he said via email.
In early 2018, Google updated its policies to ensure that resellers could not claim to be official ticket vendors, and resellers must now provide a breakdown of ticket prices across fees and taxes before payments are taken.
Last year, Google removed 2.3 billion adverts found to be in breach of its policies or the law.