Economic

BASF and Equinor Seal Ten-Year Natural Gas Deal to Boost eurozone energy

Ludwigshafen, Germany / Stavanger, Norway – July 18,2025 – Chemical giant BASF and Norwegian energy major Equinor today confirmed a strategic partnership, signing a...

Wall Street Roars to New Records

New York, USA – July 18, 2025 – Wall Street closed out a powerful trading day on Thursday, July 17th, with the S&P 500 and...

Bitcoin Surges to Record High: $120,000 and Counting

Bitcoin has reached a significant milestone, surpassing the $120,000 mark for the first time ever. This achievement comes amid a surge in institutional demand...

Uncertainty Over Tariff Levels Threatens Labor Improvements in Garment Factories

Factories that have signed up to implement UN-backed labor standards are facing uncertainty over tariff levels, potentially hindering improvements in working conditions. The unclear...

Mercedes-Benz to Implement Third Price Hike of 2025 in September

NEW DELHI, INDIA – July 14, 2025 Luxury carmaker Mercedes-Benz India has announced that it will increase the prices of its vehicles by 1-1.5%...

UK Economy Faces Headwinds as Growth Slows and Global Uncertainty Persists

LONDON, July 9, 2025 — The UK economy is navigating a challenging landscape of subdued growth and heightened global uncertainty, according to the Bank...

Trump Threatens 200% Tariffs on Pharmaceutical Imports

US President Donald Trump has announced plans to impose tariffs of up to 200% on imported pharmaceuticals, sparking concerns about potential disruptions to the...

US Imposes 50% Tariff on Brazil Amid Escalating Tensions

The United States has imposed a 50% tariff on Brazilian goods, effective August 1, in response to what President Donald Trump calls "unfair treatment"...

Tesla Stock Plummets Following Elon Musk’s New Political Venture

Tesla's stock experienced a significant drop, falling over 6%, after CEO Elon Musk announced the creation of a new political party, "The America Party"....

Global Car Sales Trends: Steady Demand Amidst Factory Shipment Drops

The global car sales landscape presents a mixed picture, with steady demand in some markets contrasting with drops in factory shipments. According to industry...

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