No easy options for China as trade war, U.S. pressure bite

China said this week it would impose higher tariffs on most U.S. imports on a revised $60 billion target list. That’s a much shorter list compared with…

More evidence that fashion retail is struggling as Visa Index shows spending fall

It seems that even when the backdrop isn’t that bad for retailers in general, for the fashion sector, the news is still bleak.Overall, consumer spending fell by…

Changes to Brazil card practices ‘complex,’ policymaker tells paper

Reinaldo Le Grazie, the central bank’s head of monetary policy, told Valor that steps to reduce the timetable for banks and card payment processors to settle receivable…