The German Council of Economic Experts has lowered its forecast for Germany’s economy, now expecting stagnation in 2025 amid industrial challenges and ongoing impacts from U.S. tariffs, while modest growth is anticipated to resume in 2026 thanks to a major fiscal stimulus plan.
Marks and Spencer (M&S) has revealed it could lose up to £300 million in trading profits following last month’s ransomware attack, with operational disruptions expected to continue for months.
Kazakhstan is boosting support for small and medium-sized enterprises (SMEs) to attract European investment and accelerate economic growth.
As President Putin intensifies strikes against civilians in Ukraine, the UK is stepping up pressure with a new package of 100 sanctions, stated the UK Foreign, Commonwealth & Development Office.
China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war.
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak told reporters.
Kazakhstan is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
Germany's finance ministry is pushing forward with its 2025 and 2026 budget plans, focusing on fiscal savings while addressing security and economic challenges, according to a recent government document.
Finance leaders from the Group of Seven democracies will strive for a show of unity when they meet this week on topics other than U.S. President Donald Trump's tariffs, including economic security, Ukraine and artificial intelligence cooperation.
Nvidia (NASDAQ: NVDA) announced a significant move to expand its influence in AI hardware on Monday, revealing plans to sell its NVLink Fusion technology to other chipmakers, enabling faster communication between artificial intelligence (AI) chips.
Qatar Airways has achieved its highest-ever annual profit of $2.15 billion, driven by record passenger numbers as global aviation continues to recover from the pandemic.
China's factory output in April showed surprising resilience in the face of heightened U.S. tariffs, offering a rare bright spot in a month otherwise marked by sluggish consumer spending and a persistent property sector slump, according to data released Monday by the National Bureau of Statistics.
Global markets opened the week under pressure, with Asian equities broadly lower after disappointing Chinese retail sales data added to mounting concerns over Beijing’s ability—or willingness—to pivot from its traditional export-led growth model to one fueled by domestic consumption.
The European Bank for Reconstruction and Development (EBRD) has approved its Strategic and Capital Framework (SCF) for the next five years, demonstrating strong and continued support for Ukraine.
The number of billionaires in the UK has dropped for the second year in a row, hitting the lowest level in over a decade, according to The Sunday Times Rich List 2025.
S&P says easing tariff tensions between the US and China has improved macroeconomic conditions by lowering uncertainty, boosting markets, and reducing risks, though global trade challenges still weigh on credit conditions.
The Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting in South Korea took on new urgency as countries sought dialogue with the United States before a 90-day suspension on tariffs ends in July.
The export of Russian halal products increased by 82% in value, reaching $380 million in 2024 amid extending relations with the Islamic countries.
Coinbase refused to pay a $20 million ransom after hackers accessed user data through bribed support agents. The breach could cost up to $400 million and affected around 97,000 users, prompting a strong company response and stock dip.
President Serdar Berdimuhamedov has authorized state corporations Turkmengaz and Turkmenneft to enter into agreements with PETRONAS Carigali Sdn. Bhd. (Malaysia) and ADNOC Turkmenistan RSC Limited (UAE), marking a significant step in enhancing country's energy sector
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