Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports, with US, Italian and French brands the hardest hit and many of the proceeds going to organised crime, according to a new report by the OECD and the EU’s Intellectual Property Office.

The public consultation took place from 1 August to 31 October 2016.

US Dollar LIBOR Three Month Rate was at 0.45 percent on Friday May 8. Interbank Rate in the United States averaged 3.71 percent from 1986 until 2020, reaching an all time high of 10.63 percent in March of 1989 and a record low of 0.22 percent in May of 2014. The three month US Dollar LIBOR interest rate is the average interest rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a three month period in US dollars. This page provides - United States Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The director’s satire on consumerist culture shines through in this sparkling new print

Singers down the years have been drawn to a mysterious track written by a man who turned his back on music

US allegations that China is manipulating its currency burst into the open again this week when the renminbi was allowed to fall below seven to the dollar for the first time since 2008. Josh Noble discusses this latest front in the US-China trade dispute and its implications for investors and the global economy with Don Weinland, Beijing financial correspondent, and Michael MacKenzie, senior investment commentator.

Contributors: Josh Noble, weekend news editor, Don Weinland, Beijing financial correspondent, and Michael MacKenzie, senior investment correspondent. Producer: Fiona Symon

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The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing. 

Western governments pledged trillions of dollars in stimulus measures to limit the economic fallout from the coronavirus pandemic on Tuesday. The FT’s global business columnist Rana Foroohar explains what it could mean for Wall Street and Main Street. Plus, Impossible Foods raises $500m in a round that will help the US-plant based burger group to see through the economic upheaval caused by the current crisis, and Joe Biden solidifies his status as the frontrunner to take on Donald Trump in November.

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Interest rate cuts and massive fiscal stimulus are expected to weigh on the greenback

Large foreign financing requirement and small reserves leave Erdogan facing cash crunch

Currency softens beyond key level as investors brace themselves for more interest rate cuts

Currency seen as safe haven from eurozone debt crisis

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]

Countries in region issue debt at close to fastest rate in a decade due to pandemic

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […]

Oli London and 'Frenchy' Morgan have gone under the knife 24 times between them in a bid to alter their appearances. Mr London wants to look like his Korean idol Park Ji-min, from boy-band BTS.

Miley Cyrus paid tribute to godmother Dolly Parton on her 74th birthday by sharing a video of her Dolly impression with Jimmy Fallon on The Tonight Show back in 2017.

She's been on the comeback trail since releasing Sally Walker in March.

PETE JENSON IN SPAIN: Lionel Messi scored an emphatic brace in a 5-1 rout of Real Valladolid as Barcelona returned to the top of the table with the win. 

Spirtle, the bottlenose dolphin was found stranded on mudflats in the Cromarty Firth, Moray, in 2016. She was out of the water for more than 24 hours and suffered extensive sunburn.

Teyana Taylor and Dreamdoll BOTH wore the same trousers to the 2018 VMA Awards on Monday night.

Last week, Johnny Depp was ordered to turn over his medical records by the job presiding over his court battle with ex wife Amber Heard after her lawyers were given permission to look into past partners.

Gwendoline Christie and Elisabeth Moss were spotted enjoying a catch up together in West Hollywood on Wednesday evening.

The stunning Game of Thrones star wowed in a tiny black mini dress for the star-studded party held at The Standard. 

Gwendoline Christie put her statuesque figure on full display on Thursday in an accentuated shoulder coat and towering boots at the Rick Owens show in Paris.

The 48-year-old rapper and record producer looked regal in a patterned Dolce & Gabbana coat for her August 2019 cover shoot for Marie Claire .

After cutting an ethereal figure on the Grammy Awards red carpet, she was seen letting loose at a number of exclusive post-ceremony soirées on Sunday night.

Scientists behind the cloning of Dolly the Sheep in Edinburgh, 1996 (pictured) say the new treatment could be available for the NHS to treat the coronavirus by July.

The House of Commons speaker entertained the crowd with his animated expressions while Roger Federer and Novak Djokovic battle to win this year's Wimbledon.

Kelly Clarkson revealed that she 'got real bitter' at the disdain she received after her American Idol season one victory made her a star.

The new feature stops short of fully replacing Alexa and currently only allows users to query Jackson for the weather, jokes, and for details about their calendar or the time or the news.

Whatever the Britain's Got Talent judge wants to do to her face and body is entirely her choice. But the metamorphosis is truly astounding, says LIZ JONES.

While the message was sincere, the word-for-word tweets prompted many to call out Figo for a lack of effort with the only difference between the two posts was the accompanying images.

Lukas Podolski claims he was unfairly sidelined during his time at Arsenal but insists he had a positive relationship with the club including then manager Arsene Wenger.

Until 2008, Robert Downey Jr was best known as the troubled actor who failed to live up to the Oscar-nominated promise he demonstrated in Chaplin & came close to wrecking his career with drugs.

They've delighted their fans by reuniting - but it's fair to say it's not all been a doddle for the Pussycat Dolls. 

Footage of the allegedly distressed animal captured at Resorts World Sentosa (RWS) S.E.A. Aquarium in Sentosa Island emerged on social media. An animal charity said posted the clip on Facebook.

Selena Gomez made a bold appearance when she stepped out onto the Dolittle red carpet in Los Angeles on Saturday.

Rebel Wilson, 39, looked in high spirits as she enjoyed a low-key stroll with her unlikely pal Darius Campbell, 38, in Portofino, Italy on Monday.

Lukas Podolski was born in Poland but plays for Germany, and Thursday's match between the countries at the European Championship promises to be another emotional experience.

Friends and relatives of the late singer Prince gathered on Saturday for a special memorial service at his estate.

The Republican Party has paid half a million dollars to the law firm representing Hope Hicks, the former Trump aide who admitted she sometimes lied to help her then-boss Donald Trump.

This is the charming moment a child stops crying when his father hands him a bank note in Melaka, Malaysia. However, when the note is retrieved from the baby, he resumes bawling.

The 34-year-old, who won the World Cup with Germany back in 2014, currently plies his trade in Japan at Vissel Kobe. The official Twitter account of Johor Darul Ta'zim posted photos of Podolski.

Lukas Podolski has embarked on the latest chapter of his career by joining Turkish side Antalyaspor on a free transfer.

Until 2008, Robert Downey Jr was best known as the troubled actor who failed to live up to the Oscar-nominated promise he demonstrated in Chaplin & came close to wrecking his career with drugs.

President Donald Trump spoke with Pope Francis on Wednesday to offer condolences for the partially destroyed Notre Dame Cathedral and to wish him a Happy Easter.

Nicole Scherzinger just made a spectacular comeback performance with the Pussycat Dolls on The X Factor UK. 

Nicole Scherzinger has defended the Pussycat Dolls'  comeback performance on the UK's The X Factor in November.