Natural disasters caused $135bn in economic losses in first half of 2025: Swiss Re

Bloomberg|Published

Discover how the Los Angeles wildfires contributed to a staggering $135bn in global economic losses in the first half of 2025, as reported by reinsurer Swiss Re. ...

Trump wants to stop banks from de-banking conservatives and crypto. Here’s what to know

Washington Post|Published

As President Trump prepares to issue an executive order targeting banks that de-bank clients for political reasons, what does this mean for the future of financial ...

Italy fines fast-fashion giant Shein for 'green' claims

AFP|Published

Italy's competition watchdog has fined Shein €1 million for misleading claims about its environmental practices, raising concerns about the fast-fashion industry's ...

The $147 billion green hydrogen bubble that BP helped burst

Bloomberg|Published

Australia's aspirations to lead in green hydrogen are faltering as BP exits a major project, raising questions about the future of renewable energy investments. ...

Brazil vows to fight Trump tariff 'injustice'

AFP|Published

Finance Minister Fernando Haddad said the tariffs announced Wednesday were "more favorable" than expected, with several key export products exempted.

Puppet ban in Indonesian capital threatens buskers

AFP|Published

Performances featuring the puppets -- originally used by Jakarta's Betawi people to ward off evil spirits -- will be allowed only at set events.

US tech titan earnings rise on AI as economy roils

AFP|Published

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters ...

Nintendo quarterly revenue surges thanks to Switch 2

AFP|Published

Pent-up demand for the new gadget from the "Super Mario" gamemaker fuelled fan excitement at the release, which saw sold-out pre-orders and midnight store openings. ...

Trump signs order to impose higher tariffs on dozens of economies

AFP|Published

The order set out tariffs on imports that ranged as high as 41 percent on Syria, alongside various levels reflecting trade deals struck between Washington and major ...

Trump says tariffs are making US 'great and rich' again

AFP|Published

Trump also announced crippling 50 percent tariffs on Brazil and a 25 percent levy on Indian exports, while warning Canada it would face trade repercussions for planning ...

US Fed holds firm against Trump pressure as divisions emerge

AFP|Published

In announcing its decision Wednesday, the Fed cited a moderation in economic activity in the first half of the year and "solid" labor market conditions.

Jeep owner Stellantis says it has turned corner

AFP|Published

Despite facing a €1. 5 billion hit from US tariffs, Stellantis, the owner of Jeep, forecasts a rebound in sales and profitability in the second half of the year

India is the world’s fourth most equal society, says World Bank report

Fawzia Moodley|Published

Discover how India has transformed into the world's fourth most equal society, surpassing major economies like the US and China, according to the latest World Bank ...

Dangote cement’s profit jumps the most in six years to record

Bloomberg|Published

Dangote Cement, controlled by Africa's richest man, reports a record profit surge, driven by a stable naira and rising construction material prices, signalling a ...

Trump, EU reach contours of trade deal with 15% tariffs

The Washington Post|Published

In a significant move, US President Donald Trump announced a trade agreement with the EU, imposing a 15% tariff on imports, a reduction from his previous threat ...

Small businesses warn of Trump tariff impact on toy industry at Comic-Con

AFP|Published

Toy companies have been fretting about the impact of Trump's global tariff blitz on the industry, particularly when it comes to China.

Cognac maker Remy Cointreau lifts guidance after China deal

AFP|Published

A major reason behind the improvement is the agreement earlier this month by European brandy exporters to raise prices in China to avoid anti-dumping duties, ending ...

New cryptocurrency may be aiding Russia to dodge sanctions

AFP|Published

Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up economic pressure to halt the ...

Primary Health Properties delivers robust interims amid rental growth, Irish acquisition

Philippa Larkin|Published

Primary Health Properties (PHP) announces impressive interim results for the first half of 2025, showcasing earnings growth driven by increased rental income and ...