Category: Business

In a significant policy shift, China has resumed limited rare earth exports after a temporary clampdown that disrupted global supply chains. Beijing has reportedly granted export licenses to at least four major producers of rare earth magnets — the first such approvals since export restrictions were introduced last month. Among those receiving permits are companies […]

In a significant shift in U.S. trade policy, President Donald Trump’s April 10 decision to implement a 90-day pause on additional tariffs has unsettled global markets and disrupted economic forecasts worldwide. Among the measures paused was a planned 125% tariff hike on key Chinese electronics — a move that provided temporary relief to major technology […]

Lawmakers and regulators around the world have been prolific with passing legislation restricting freedom of expression and privacy for LGBTQ+ individuals and fueling offline intolerance. Online platforms are also complicit in this pervasive ecosystem by censoring pro-LGBTQ+ speech, forcing LGBTQ+ individuals to self-censor or turn to VPNs to avoid being profiled, harassed, doxxed, or criminally […]

Munich, May 17, 2025 — Allianz SE, Europe’s largest insurer, posted a record high operating profit in the first quarter of 2025, underscoring its resilience amid global economic uncertainty. However, the company missed analyst expectations on core net income. The company reported an operating profit of €4.24 billion, up 6.3% year-over-year and in line with […]

Sydney, May 16, 2025 — Australian real estate group GPT Group has announced the creation of a A$1 billion (US$640 million) logistics partnership with Canada’s QuadReal Property Group, aimed at expanding their presence in Australia’s high-growth logistics sector. The new joint venture, named GPT QuadReal Logistics Trust 2 (GQLT2), will be seeded with approximately A$460 […]

Shenzhen, China – May 15, 2025 — Tencent Holdings, China’s largest technology firm and the world’s leading video game company, reported robust financial results for the first quarter of 2025, with revenue and profit both showing double-digit year-on-year growth. The performance was powered by a strong rebound in its core gaming segment and continued momentum […]

Tariff-driven price pressures are adding to inflation risks, leaving trade-dependent economies particularly vulnerable. Higher tariffs and shifting trade policies are threatening to disrupt global supply chains, raise production costs, and delay key investment decisions – all of this weakening the prospects for global growth. General slowdown The economic slowdown is widespread, affecting both developed and […]

After multiple delays of the REAL ID Act of 2005 and its updated counterpart, the REAL ID Modernization Act, in the United States, the May 7th deadline of REAL ID enforcement has finally arrived. Does this move our security forward in the skies? The last 20 years says we got along fine without it. There […]

Even more impressively, the number of Egyptian women with an account increased by 260 per cent, though gender gaps do remain. But how you widen financial inclusion overall is a question the Arab region is currently grappling with. A new report from the UN Economic and Social Commission in Western Asia (UNESCWA) published on Thursday […]

In a major shake-up in the sports retail industry, Dick’s Sporting Goods has announced its acquisition of Foot Locker for $2.4 billion. The deal comes as Foot Locker grapples with challenges in a shifting retail landscape, including changing supplier relationships and declining sales. A Strategic Move Amid Market Uncertainty Many apparel brands have struggled in […]