24-02-2026

Global Economic Trends and Tech Developments

Date: 24-02-2026
Sources: cnbc.com: 1 | economist.com: 6 | scmp.com: 1
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Global business leaders analyzing economic trends in a high-tech conference room, documentary photography style, bright LED lighting with subtle screen glow, capturing intense focus and data-driven discussion, shot with a wide-angle lens.

Summary

The cluster of news articles discusses various global economic trends, technological advancements, and their impacts. Canva's acquisitions of Cavalry and MangoAI highlight the integration of AI in design and advertising. China's growing presence in luxury food production and Huawei's resilience despite US sanctions are notable. Meanwhile, economic uncertainty persists due to factors like Trump's tariff threats and the delayed impact of AI on productivity.

Key Points

  • Canva acquires startups to enhance motion graphics and video ads
  • China emerges as a major producer of luxury foods
  • Trump's tariff threats increase economic uncertainty
  • AI's impact on productivity remains limited despite technological advancements
  • Huawei defies US sanctions with significant revenue growth

Articles in this Cluster

Canva acquires Cavalry for motion graphics and MangoAI for video ads

Canva, a design software company, has acquired two startups, Cavalry and MangoAI, to expand its offerings in motion graphics and video advertising. Cavalry creates 2D animations, while MangoAI's technology generates short videos for advertising. Canva plans to integrate these technologies into its core product and advertisement generator, Canva Grow. The acquisitions come as software stocks face challenges due to AI concerns, with Adobe, a rival of Canva, seeing a 30% decline in its shares this year. Canva's co-founder and product chief, Cameron Adams, stated that AI is not a replacement for human creativity, and the company is focusing on enhancing its products with AI while maintaining revenue and user growth.
Entities: Canva, Cavalry, MangoAI, Adobe, Cameron AdamsTone: neutralSentiment: positiveIntent: inform

China now fills the world’s luxury hampers

China is becoming a leading producer of luxury foods such as caviar, foie gras, and truffles, traditionally associated with Western cuisine. The country's domestic demand for these delicacies is growing, alongside its international market share. China is now the world's largest exporter of sturgeon caviar and truffles and is rapidly expanding into other luxury food products like olive oil, matcha, and fine wines. This shift is driven by both domestic and international appetites for high-end foods.
Entities: China, Western countries, The Economist, Xi Jinping, IMFTone: neutralSentiment: positiveIntent: inform

Donald Trump answers a Supreme Court rebuke with new tariff threats

The article discusses Donald Trump's response to a Supreme Court rebuke, where he threatened to impose new tariffs. The immediate economic impact of this move is expected to be increased uncertainty. The article is set against the backdrop of various economic issues and trends, including the impact of artificial intelligence on productivity, market volatility, and the European Union's economic policies.
Entities: Donald Trump, Supreme Court, The Economist, Artificial Intelligence, European UnionTone: neutralSentiment: negativeIntent: inform

Finance & economics | Latest news and analysis from The Economist

The Economist's finance and economics section discusses various current topics, including the impact of Artificial Intelligence (AI) on productivity, market reactions to AI, and the economic policies of the EU and the US under Donald Trump. While AI is advancing rapidly, its effect on output is not yet significant. Markets are reassessing business models due to AI, and Trump's tariff threats are causing economic uncertainty. The EU is adopting more assertive economic policies. Other topics include the effectiveness of America's war on poverty, the role of prediction markets, and the financialization of AI. Additionally, the section touches on the startup boom among ethnic minorities in the US and China's struggle with deflation.
Entities: Artificial Intelligence, The Economist, Donald Trump, EU, USTone: analyticalSentiment: neutralIntent: inform

Markets are churning furiously beneath a calm surface

The article discusses how despite geopolitical tensions and other factors, the S&P 500 index remains near a record high, unchanged from the end of 2025. It attributes this stability to the impact of AI on investor behavior, causing them to reassess various business models. The article suggests that beneath the calm surface of the markets, there is significant churning and adjustment due to the influence of AI on investment decisions.
Entities: S&P 500, AI, New York, The Economist, Donald TrumpTone: analyticalSentiment: neutralIntent: inform

The AI productivity boom is not here (yet)

The article discusses the current state of artificial intelligence (AI) and its impact on productivity. Despite AI's rapid advancement and ability to perform complex tasks with minimal human supervision, its effect on output has been limited. The article questions whether the expected AI productivity boom is imminent, highlighting the disparity between AI's technological progress and its economic impact.
Entities: Artificial intelligence, OpenAI, The Economist, EU, Donald TrumpTone: analyticalSentiment: neutralIntent: inform

The rotten tail of China’s property bust

The article discusses the aftermath of China's property boom, focusing on the city of Zhoukou, where a residential complex developed by Henan Zhongao Plaza remains unfinished and largely unoccupied. The developer has gone bankrupt, and its boss is in prison. Chinese officials are now trying to spread the financial pain as widely as possible. The article highlights the consequences of China's property bust and its impact on the economy and individuals.
Entities: China, Zhoukou, Henan Zhongao Plaza, property boom, property bustTone: negativeSentiment: negativeIntent: inform

Huawei’s 2025 revenues surge to US$127 billion as firm continues to defy US sanctions | South China Morning Post

Huawei Technologies reported a revenue of over 880 billion yuan (US$127 billion) in 2025, marking the second-highest record for the company. Despite US sanctions, Huawei maintained steady operations and provided globally competitive products and services. The company's chairman, Howard Liang Hua, disclosed the revenue figure at the 2026 Guangdong High-quality Development Conference. Huawei reclaimed its No. 1 spot in the mainland Chinese smartphone market with a 16.4% share, beating Apple's 16.2%. The company's resilience is notable, given the restrictions imposed by US sanctions on its access to advanced chips and the Android operating system.
Entities: Huawei Technologies, Howard Liang Hua, Guangdong High-quality Development Conference, Shenzhen, USTone: neutralSentiment: positiveIntent: inform