Category: Business

May 19, 2025 — Nippon Steel Corp., Japan’s largest steelmaker, has unveiled plans to invest up to $14 billion into U.S. Steel’s operations if its proposed acquisition of the iconic American steel producer receives regulatory approval. The investment would include as much as $4 billion for the construction of a new state-of-the-art steel mill in […]

May 2025 – Europe’s short-term rental market is experiencing a historic surge ahead of the 2025 summer travel season, with countries including the United Kingdom, Greece, Poland, Czech Republic, Norway, Belgium, Germany, Denmark, and Greece posting record growth in bookings, according to the latest data from AirDNA. Driven by robust traveler demand, easing inflation, and […]

John L. Young, who died March 28 at age 89 in New York City, was among the first people to see the need for an online library of official secrets, a place where the public could find out things that governments and corporations didn’t want them to know. He made real the idea – revolutionary […]

Britain and the European Union have reached a series of significant agreements aimed at enhancing cooperation in defense, trade, and border regulations, marking the most substantial reset in relations since Brexit. On Monday, U.K. Prime Minister Keir Starmer welcomed European Commission President Ursula von der Leyen and other senior EU officials to London for the […]

Efforts intensify to redirect domestic capital as global investment climate shifts At this year’s Africa CEO Forum in Abidjan, a key theme emerged: how to mobilize the trillions of dollars held in Africa’s institutional funds to close the continent’s massive infrastructure financing gap. Policymakers and financial leaders from across the region are increasingly focused on […]

This week, the U.S. House Ways and Means Committee moved forward with a proposal that would allow the Secretary of the Treasury to strip any U.S. nonprofit of its tax-exempt status by unilaterally determining the organization is a “Terrorist Supporting Organization.” This proposal, which places nearly unlimited discretion in the hands of the executive branch […]

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 […]