Category: Business

While the initial 90-day pause on so-called “reciprocal” tariffs offered some relief compared to planned increases of up to 50 per cent, the US imposed a 10 per cent baseline tariff instead, added on top of existing duties. This means many countries – especially developing economies – faced higher costs exporting goods to the US. […]

📍 Seattle, July 9, 2025 — Amazon’s Prime Day kicked off with a record-breaking $7.9 billion in online sales on July 8, marking a 10% year-over-year increase and the largest single e-commerce day of 2025, according to Adobe Analytics. The four-day event, running through July 11, is projected to generate $23.8 billion in total U.S. […]

📍 Washington, D.C. — July 8, 2025President Donald Trump has announced plans to introduce new tariffs on copper and pharmaceutical products, signaling a significant expansion of his administration’s trade agenda. While the tariffs are not yet in effect, officials indicated their rollout timelines and enforcement mechanisms are under review. 🟠 Copper Tariff Proposal: 50% Rate […]

The AI for Good Global Summit 2025 brings together governments, tech leaders, academics, civil society and young people to explore how artificial intelligence can be directed toward Sustainable Development Goals (SDGs) – and away from growing risks of inequality, disinformation and environmental strain. “We are the AI generation,” said Doreen Bogdan-Martin, chief of the International […]

Speaking at the 17th BRICS summit in Rio de Janeiro, Brazil, he emphasised the human impact of environmental devastation and climate change.  And as environmental disasters increase, the sustainable development goals are also being left behind.   “Across the world, lives and livelihoods are being ripped apart, and sustainable development gains left in tatters as […]

📍 Washington, D.C. — July 7, 2025President Donald Trump has signed a new executive order directing the U.S. Department of the Treasury to issue updated guidance on Foreign Entity of Concern (FEOC) restrictions and Investment Tax Credit (ITC) safe harbor rules within 45 days of the budget bill’s enactment. The move significantly shortens the original […]

BlackRock has announced its agreement to acquire ElmTree Funds, a St. Louis-based real estate private equity firm managing $7.3 billion in assets across 122 commercial properties in 31 U.S. states. ElmTree specializes in net-lease and build-to-suit industrial real estate, focusing on single-tenant corporate facilities that are considered mission-critical to tenants’ operations. The acquisition will integrate […]

London, 6 July 2025 – European savings and retirement services group Athora, backed by Apollo Global Management, has agreed to acquire Pension Insurance Corporation Group (PICG) for approximately £5.7 billion, marking one of the largest transactions in the UK’s pension risk transfer market. The deal will see PICG, the parent of Pension Insurance Corporation (PIC)—a […]

Digital technologies have the potential to drive progress and strengthen rights, including connecting people, improving access to health and education, and much more. But the pace of their evolution also poses serious risks, warned Volker Türk, UN High Commissioner for Human Rights – from restrictions on free expression and privacy violations to discrimination and growing […]

7 July 2025 – The global automotive infotainment market is projected to grow from $35.78 billion in 2025 to $58.18 billion by 2032, driven by rising consumer demand for in-vehicle screens, voice assistants, and smart home integration. According to a new analyst note from PitchBook, infotainment systems are emerging as a key battleground for automakers […]