The European Commission filed a complaint at the World Trade Organization on Monday against what it said was China’s “unfair and illegal” practice of setting worldwide royalty rates for EU standard essential patents without the patent owner’s consent. The Commission, which oversees the trade policy of the 27-nation European Union, said China had empowered its…
A few years ago, Blackrock carried out a study in which they found that while the average equity mutual fund in the US over a 40-year period produced an annual rate of return of 8.1%, the average investor in the funds made only 2.1%. Blackrock researchers attributed this to the fact that retail investors tend…
The U.S. dollar rose broadly against major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25 per cent tariff on all products coming in to the United States from Mexico and Canada. The dollar rose over 2 per cent against the Mexican peso and 1 per cent…