ECONOMY

China Faces Rising Revenue Shortfall

BEIJING, China – China’s government is confronting a quiet but consequential shift: the country is no longer generating enough public …

EU Introduces Import Fee for Online Orders

BRUSSELS, Belgium – The European Union has agreed to impose a new handling fee on the flood of low-value parcels …

Myanmar’s Military Chief Becomes President

YANGON, Myanmar – Five years after seizing power in a coup that upended a fragile democratic transition, Min Aung Hlaing …

Airlines Tighten Rules on Power Banks

BERLIN, Germany – The International Civil Aviation Organization, the U.N. body that sets international aviation standards, said this week that passengers …

MediaMarkt Owner Awaits Austria Approval

DÜSSELDORF, Germany — Ceconomy, the German retail group that owns MediaMarkt and Saturn, said on Friday that the most delicate …