Business
Latest news and updates in business
China Intensifies Economic Pressure on U.S. Amid Escalating Trade War
**Beijing deploys rare earth export controls, new port fees, and targeted investigations, signaling a strategic shift toward deeper economic decoupling as trade tensions with Washington reach new heights in October 2025.**
The economic rivalry between the United States and China has entered an acutely intensified phase, marked by Beijing’s concerted efforts to exert economic leverage through a series of strategic maneuvers
Nuclear Power Steers Global Shipping Toward a Carbon-Free Horizon
The vast network of global shipping, the lifeblood of international trade, faces an increasingly urgent mandate: dramatically reduce its substantial carbon footprint
Global Oil Market Braces for Seismic Shift as India and China Reconsider Russian Crude
The global energy landscape faces a potential upheaval as the hypothetical scenario of India and China, the two largest importers of Russian oil, ceasing their purchases comes into sharper focus
World Food Day Spotlight: Ukraine's Resilient Role in a Shifting Global Food Landscape
On World Food Day, observed annually on October 16 to underscore the urgent need for global food security, the international community reflects on the fragile state of global sustenance
France at a Crossroads: Can Paris Learn Fiscal Discipline from Rome's Revival?
Paris, France – Once the perceived bastion of fiscal stability within the Eurozone, France finds itself grappling with a burgeoning debt crisis and political instability that has seen five prime ministers resign in just two years
EU Escalates Trade Standoff, Doubles Steel Tariffs in Bid for U.S. Concessions
Brussels, Belgium – The European Union has significantly intensified its trade dispute with the United States, proposing to double tariffs on steel imports and sharply cut existing quotas, a bold maneuver aimed at compelling Washington to ease its own punitive levies on European steel
China Wields Rare Earths as Strategic Weapon, Tightens Global Supply Chains
Beijing's deepening control over the global rare earth supply chain is increasingly seen as a potent strategic weapon, threatening critical industries worldwide and fueling geopolitical tensions
Germany's Automotive Sector in Crisis: Merz Convenes Emergency Summit Amidst Mounting Job Losses
BERLIN — Germany's pivotal automotive industry faces an unprecedented reckoning, prompting Chancellor Friedrich Merz to convene an emergency auto summit this week
Lithuania Unveils TechZity: A Monumental Hub to Accelerate Baltic Startup Boom
VILNIUS, Lithuania – In a bold statement of its burgeoning technological ambition, Lithuania is constructing TechZity Vilnius, poised to become the largest technology and creative industries hub in Europe
Gold and Bitcoin Soar to Unprecedented Heights Amidst Global Economic Flux
The financial world is witnessing a remarkable phenomenon as both gold, the perennial safe-haven asset, and Bitcoin, the pioneering cryptocurrency, have surged to consecutive record highs
BRICS Bloc Navigates Turbulent Waters as Trump's Resurgent "America First" Policy Reshapes Global Economic Order
The burgeoning BRICS alliance, having recently expanded its membership and global ambitions, now braces for a turbulent period marked by the return of a protectionist "America First" doctrine under a second Donald Trump administration
Coca-Cola Goes "Made in Germany" Amid Shifting Global Perceptions
FRANKFURT – In a strategic pivot aimed at bolstering its standing in one of Europe’s largest markets, beverage giant Coca-Cola has launched a significant rebranding initiative in Germany, emphasizing local production and national identity
France's Fiscal Strain Heightens Eurozone Debt Crisis Concerns
**Paris, France** – France, the eurozone's second-largest economy, faces a mounting wave of economic and political instability, sparking growing apprehension across European financial markets
Artificial Intelligence: Google's Unforeseen Factor in High-Stakes Antitrust Battles
The digital titan Google has been locked in a protracted struggle with regulators across the globe, facing accusations of monopolistic practices that threaten to reshape its vast empire
Germany's State-Owned KfW Bank Under Scrutiny Over Alleged Human Rights Violations in Global Projects
Germany's state-owned development bank, KfW, renowned for its "Responsible Banking" slogan and significant global investments, is facing intense criticism following a new report linking its overseas projects to widespread human rights violations and environmental degradation