Global trade in services ‘set to surge by $2 trillion’ by 2025

City of London
City of London

More countries adopting technology and switching to remote working after the Covid-19 pandemic will drive a $2 trillion (£1.5 trillion) surge in trade in services over the next five years, according to new analysis.

Oxford Economics and Western Union modelled what effect coronavirus will have on cross-border trade, projecting that international trade in services will rise 31pc from $6.1 trillion last year to $8 trillion by 2025.

The US, France and the UK are set to see the largest increases in the value of cross-border trade in services over the next five years, the study said. In Britain, total services exports are expected to jump by $104bn, primarily driven by a boom in “digitally-deliverable services”, such as IT and financial services. 

Already in the UK, services are a dominant part of the economy, thanks to the country’s role as a leading financial and business services hub.

However,

Read More

Press Release On Seoneedthis.info

Malang 9 August 2020

Seoneedthis.info is a place to learn Search Engine and does not sell and buy SEO services.

Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

Many SEO services offer services in the field of SEO, but it is apparent that Seoneedthis.info is only a place to learn search engines without trading any services.

The education provided at Seoneedthis.info is about all activities related to search engines, from optimization to strengthening positions on search engines.

The education provided here is global and has nothing to do with white hats, gray hats, or black hat techniques.

Regarding the slogan of seoneedthis.info, “we cheat search engines,” that is a slogan only, it does not mean we are carrying out … Read More

Press Release On Seoneedthis.info

Malang 9 August 2020

Seoneedthis.info is a place to learn Search Engine and does not sell and buy SEO services.

Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

Many SEO services offer services in the field of SEO, but it is apparent that Seoneedthis.info is only a place to learn search engines without trading any services.

The education provided at Seoneedthis.info is about all activities related to search engines, from optimization to strengthening positions on search engines.

The education provided here is global and has nothing to do with white hats, gray hats, or black hat techniques.

Regarding the slogan of seoneedthis.info, “we cheat search engines,” that is a slogan only, it does not mean we are carrying out … Read More

Technology Is Changing The Way Freight Brokerages Operate

Digital brokerages have dominated headlines in recent years, but some old standbys continue to perform. And for some of them, like XPO Logistics (NYSE: XPO), the idea that digital brokerages represent a new way of moving freight masks the fact that many traditional brokerages have remained at the cutting edge, and even in the lead, of the digital revolution.

“We don’t think of ourselves as an incumbent broker,” Lou Amo, president of Freight Brokerage and Expedite at XPO Logistics, told FreightWaves. “We like to think of ourselves as one of the first digital brokers.”

Amo, who joined XPO in 2012 as vice president of brokerage operations, said the company has invested in technology “since day one.” Technologies such as XPO Connect and Drive XPO are just the latest iterations of technological achievement for the company as it strives to continue its leadership position among global brokerages (XPO is

Read More

Credit Agricole seeks to reclaim technology it developed with Wirecard

PARIS (Reuters) – French bank Credit Agricole said on Thursday it will seek to reclaim the payments technology it was working on with Wirecard as part of their partnership.

German payments firm Wirecard filed for insolvency in June, owing creditors 4 billion euros ($4.5 billion), after disclosing a 1.9 billion-euro hole in its accounts that its auditor, EY, said was the result of a sophisticated global fraud.

Wirecard and Credit Agricole Payment Services had a “strategic partnership”, aimed at facilitating online payments for merchants.

“Customers will benefit from new e-commerce payment acceptance and acquiring services, developed by Wirecard, which the two companies are jointly bringing to market,” their joint statement said last year.

A year after that, the administrator of the collapsed firm said in July some investors have expressed interest in buying the company’s core business and its holdings.

“By nature, we will reclaim the technology that we have

Read More

European shares rebound from lows, euro set for best month in a decade

By Ritvik Carvalho

LONDON (Reuters) – European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.

The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed, but inflation unexpectedly ticked up in July.

Gross domestic product in the bloc shrank by 12.1% from the previous quarter, the European Union’s statistics office, Eurostat, said in its flash estimates. The decline coincided with coronavirus lockdowns, which in many euro zone countries began to ease only in May.

The pan-European STOXX 600 <.STOXX> rose 0.6%, though it was on course to end the month flat or lower. Technology shares <.SX8P> led the rally, rising over 2% after Wall

Read More