A US-China Business Council survey reveals the Trump administration's export-control licensing regime is costing the US billions in lost exports, with most restricted items already available in China from other suppliers, thereby undermining US competitiveness.
State-run Korea Electric Power Corp. reported a 76.4 percent plunge in second-quarter net profit to 277.5 billion won, driven by lower electricity sales and rising global thermal coal prices.
Alibaba Cloud reduced large-scale AI data centre delivery times to 100 days using its CUBE 5.0 system, compared to standard domestic times of six to 12 months.
Silicon Valley's promises of AI-driven deflation and productivity booms face near-term inflation and corporate inertia, complicating monetary policy for the Federal Reserve as infrastructure spending spikes.
BBC Scotland examines the affordability of Edinburgh's summer festivals, analyzing rising accommodation rates, daily expenses, and ticket prices over the last decade.
India's traditional monsoon patterns are shifting due to climate change, causing deadly floods and droughts. Experts warn that outdated infrastructure and planning leave cities and farmers increasingly vulnerable to extreme weather.
The cost for businesses to run AI models hit a yearly low between US$1.16 and US$1.18 per million tokens, driven by a global price war and Chinese open-source tools like DeepSeek, according to Jefferies and Silicon Data.
Nigeria's Kano state government sponsors mass wedding for 1,500 low-income couples, providing dowries, furniture, and startup capital, amidst challenges of fraud and economic desperation
The Resolution Foundation has urged Labour to implement an emergency plan to cut energy prices by up to £175 for low-income families this winter, amid rising wholesale gas costs and ongoing cost-of-living pressures.
Stalled diplomacy in the Middle East leaves Europe facing rising energy costs and inflation, as Iran rules out direct U.S. talks, Israel rejects a Gaza plan, and shipping blockades continue.
A report by the Intergenerational Foundation warns that young graduates in England face a ticking timebomb of extreme debt and effective tax rates over 50% under the plan 5 student loan system.
Prime Minister Andy Burnham has brought forward plans to end subscription traps and fake discounts, promising clearer contract exits and a ban on misleading 'was' prices to help families with the cost of living.
Breakthroughs in cheap Chinese open-weight AI models have spooked US investors, though analysts argue lower costs will supercharge global demand and accelerate AI adoption.
Moody's warns that big banks rushing to adopt artificial intelligence are becoming dangerously dependent on a small group of Silicon Valley tech firms, exposing them to potential system outages, price gouging, and cybersecurity risks.
The redevelopment of Schuman Square in Brussels into an 'urban agora' has left a concrete expanse after the centerpiece steel canopy was scrapped due to soaring costs and political deadlock.
Taxpayers have spent nearly £150,000 on cleaning and security for three Banksy artworks, including over £85,000 for a mural on the Royal Courts of Justice in London, reigniting the debate over vandalism versus public art.
Icelanders are preparing for an August referendum on whether to reopen EU accession talks. The debate centers on sovereignty, economic stability, and control over marine resources, dividing opinion across the nation.
Germany faces growing pressure to abandon its free-market approach and order state-controlled energy firms to buy gas as storage levels hit historic lows ahead of winter, threatening wider European supplies.
One Nation leader Pauline Hanson defended her European trip and denied using political donations for a luxury London hotel, while confirming her party covered her travel costs. She also defended barring certain journalists from press events.
A new survey shows Berlin clubs face severe financial pressure despite high occupancy. Revenue has shifted from drinks to admission fees, while rising operating costs and falling alcohol consumption push 39% of venues into the red.
Insurers warn Europe faces a growing protection gap as wildfires and heatwaves outpace insurance coverage, with disaster costs mounting across the continent.
Major crypto whales are accumulating Bitcoin, Ethereum, and XRP as prices sit near average purchase costs, according to CryptoQuant. This positioning points to a calm accumulation phase and potentially the final phase of a bear market cycle.
Extreme heat, drought, and wildfires across Europe are causing widespread crop failures, threatening reduced food production and pushing up prices for staples like olive oil, grains, and vegetables.
US Treasury Secretary Scott Bessent declared the 'K-shaped economy' over in a CNBC interview, citing wage gains for lower earners, even as polls show inflation remains Americans' top concern.
