Category: Business

Addressing the UN Trade and Development (UNCTAD)’s 195 Member States in Geneva, Rebeca Grynspan said that 72 per cent of global trade “still moves under WTO rules” – a reference to the World Trade Organization, whose agreements are negotiated and signed by trading nations. “We have for now avoided the domino effect of tariff escalation […]

SAN FRANCISCO, — Cloud software giant Salesforce has pledged to invest $15 billion in San Francisco over the next five years, a move designed to reinforce the city’s status as the global hub for artificial intelligence. The announcement coincided with the opening of Dreamforce 2025, the company’s annual technology conference, which has drawn nearly 50,000 […]

The IMO’s Marine Environment Protection Committee (MEPC) decided to adjourn its extraordinary session convened this week in London and reconvene in a year’s time. Nations meanwhile are expected to continue consultations to bridge differences over the framework, which seeks to align the shipping sector with the global goal of net zero emissions by 2050. The […]

COLUMBIA, S.C., Tech giant Google confirmed it will invest $9 billion in South Carolina over the next two years, significantly expanding its cloud computing and artificial intelligence infrastructure in the state. The funding will support the growth of Google’s existing Berkeley County campus and the continued construction of two new data center campuses in Dorchester […]

SANTIAGO, Oct. 17 — The world’s largest copper producer, Codelco, has announced a 2026 premium of $325 per tonne for shipments to European customers, marking the highest surcharge ever imposed on top of the London Metal Exchange (LME) benchmark price. The increase represents a 40% jump from 2025 levels, underscoring mounting concerns over global supply […]

NEW YORK, Oct. 17 — Blackstone, the world’s largest alternative asset manager, is aiming to raise $5.5 billion for its latest Tactical Opportunities Fund V, according to documents prepared for the Louisiana Teachers’ Retirement System PitchBook. The vehicle represents a modest step-up from its predecessor and underscores the firm’s confidence in demand for opportunistic capital […]

NEW YORK—The United Automobile Workers (UAW), Communications Workers of America (CWA), and American Federation of Teachers (AFT) filed a lawsuit today against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online. The complaint asks a federal court to stop this unconstitutional surveillance program, which has silenced and […]

LONDON, Oct. 17 — A new analysis by S&P Global warns that the latest wave of global tariffs, spearheaded by U.S. trade measures, will impose costs exceeding $1.2 trillion on businesses worldwide in 2025. The report highlights that while companies will absorb part of the impact, two-thirds of the financial burden is expected to be […]

Should you have to think twice before posting a protest flyer to your Instagram story? Or feel pressure to delete that bald JD Vance meme that you shared? Now imagine that you could get kicked out of the country—potentially losing your job or education—based on the Trump administration’s dislike of your views on social media.  That […]

Macquarie Asset Management announced on October 15, 2025, that it will divest Aligned Data Centers, a U.S.-based operator, to a consortium of investors including BlackRock’s Global Infrastructure Partners (GIP), the AI Infrastructure Partnership (AIP), and UAE-based MGX. The deal, which values Aligned at US$40 billion, surpasses the previous sector record set in 2024 when Blackstone […]