Apollo Global to Take easyJet Private in £5.7 Billion M&A Cash Deal

LONDON — British low-cost carrier easyJet has agreed to a recommended £5.7 billion ($7.7 billion) cash takeover by US private equity giant Apollo Global Management, taking one of Europe’s largest budget airlines off the public market after more than 25 years. Under the terms of the agreement confirmed on August 6, 2026, Apollo’s investment vehicle […]

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Food prices edged up in July amid heatwaves and energy price hikes

According to new data published on Friday from the UN Food and Agriculture Organization (FAO), a basket of staple foods cost one per cent more in July than a year ago. Why this matters Food inflation: Staple food prices remain above 2025 levels.  Climate impacts: Heatwaves and El Niño continue to threaten harvests.  Conflict costs: War […]

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Strait of Hormuz disruption hits energy, fertilizer and industrial trade

Exports of natural gas dropped by a staggering 95 per cent.   The finding comes in analysis published by the International Trade Centre (ITC), a multilateral agency that has a joint mandate with the World Trade Organization (WTO) and UN trade and development body UNCTAD.   Critical maritime corridor The Strait, located south of Iran, is responsible for around one quarter of global seaborne […]

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Syria’s hopes for renewal hinge on rebuilding trust, lives and livelihoods

Across Syria, the scars of war remain etched into communities that have endured years of violence, displacement and loss.  Yet amid the devastation, hopes are also taking root, hopes for security, decent jobs, functioning schools and hospitals, and a future in which people from every background feel they belong. During a landmark visit to Damascus, […]

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Critical minerals: The hidden resources powering the clean energy future

The story in 60 seconds Every electric vehicle, wind turbine, solar panel, smart phone; they all depend on minerals extracted from the earth. As countries accelerate the transition to clean (non-fossil fuel) energy, demand for minerals such as lithium, cobalt, nickel, copper and graphite is rising rapidly. For many countries, this presents an unprecedented economic […]

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As aid dries up, countries pledge to close the $4 trillion development gap

Those reforms – largely stemming from the commitment made by Member States attending a landmark development finance summit in Sevilla last year – include mobilising public and private investment, expanding debt relief mechanisms for developing countries, and combating corruption. “Today’s outcome demonstrates that, through dialogue, mutual respect and compromise, multilateralism can deliver meaningful results,” Economic and Social Council […]

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Despite hurdles, don’t give up on Sustainable Development Goals, UN urges

President of key UN body ECOSOC, Lok Bahadur Thapa, reminded the international community on Monday that no country can achieve sustainable development on its own, and that political will and momentum is necessary to achieve the SDGs by 2030. UN Photo/Eskinder Debebe Lok Bahadur Thapa, President of the UN Economic and Social Council, addresses the […]

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GCCA Innovandi Open Challenge 2026

Concrete is the world’s most used material after water and plays a fundamental role in building the sustainable world of tomorrow. At the same time, the cement and concrete industry is working to accelerate its journey to net zero.That transformation will require new technologies, new partnerships, and new ways of bringing innovation into real-world industrial […]

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Venezuela quake: search goes on for survivors amid ‘impossible odds’

“Destruction is all around,” said Stephanie Hochstetter, Country Director in Venezuela for the UN World Food Programme (WFP), speaking from quake-hit La Guaira, located roughly 40 minutes north of the capital Caracas. “Many people have lost their lives. There are thousands of injured, and hundreds of buildings destroyed or severely damaged,” she added. “People will […]

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How the stories we tell about ageing shape our future

For many people, ageing is accompanied by familiar messages: slow down, your best years are behind you. Far from harmless clichés, these assumptions shape how societies view older persons and how people see themselves as they grow older.  In many cultures, ageing is still associated with decline, dependency and withdrawal from public life. Such perceptions […]

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