The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
Argentina has agreed to significantly relax its strict currency controls as part of a landmark $20 billion deal with the International Monetary Fund (IMF), a bold move by President Javier Milei’s administration
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In a move aimed at easing global investor jitters, the Trump administration has excluded smartphones, along with routers and selected computers, from its sweeping new “reciprocal” tariffs—marking a rare moment of restraint
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Swiss pharmaceutical giant Novartis is set to invest $23 billion in U.S.-based manufacturing and research over the next five years, a major move aimed at bolstering domestic production capabilities as the company
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Tesla has suspended new orders for its premium Model S and Model X vehicles in China, in a dramatic response to mounting tensions between the United States and China following a sharp
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Beijing has escalated its trade tensions with the United States by imposing a staggering 125% tariff on U.S. goods, in retaliation for the U.S.’s recent hike in tariffs on Chinese exports. The
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AI might one day help slash carbon emissions—but right now, it’s doing the opposite. A new report from the International Energy Agency (IEA), covered in MIT Technology Review, suggests AI could eventually
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As the trade war between the world’s two largest economies deepens, Chinese exporters are scrambling to adjust to the crippling impact of escalating U.S. tariffs. In response to President Trump’s new tariff
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The US shale oil industry is confronting its most severe crisis in years, as a dramatic plunge in crude prices, spurred by President Donald Trump’s trade war, threatens to push many producers
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In a high-profile case illustrating the Russian government’s tightening grip on key industries, billionaire Dmitry Kamenshchik, owner of Domodedovo Airport, found himself in the crosshairs of the state after he rejected an
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BlackRock, the world’s largest asset manager, has subscribed to a $750 million bond issue by India’s Adani Group, a private placement deal that marks a potential recovery for the conglomerate despite ongoing
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