15:24
Russia resumes wheat exports to Kazakhstan
Russia has resumed wheat exports to Kazakhstan after lifting a ban that was in place until December 31, 2024.
Markets
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14:02
EU-RUSSIA
EU seeks more US gas, renewable energy to replace Russian supplies
The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.
12:39
EURASIA EXPO-2025 to boost trade between Iran and EAEU
Third EURASIA Expo International Exhibition will be held at Tehran Central Exhibition Complex from 21 to 24 February. Iran has an observer status in the Russian-lead Eurasian Economic Union since last December.
23:49
Reserve Bank of Australia Lowers Interest Rate to 4.1%
The Reserve Bank of Australia (RBA) has cut its policy interest rate by 25 basis points to 4.1%, marking its first reduction since November 2020. The move follows a prolonged tightening cycle that saw rates rise from 0.1% to 4.35% between May 2020 and November 2023.
18:00
Volkswagen
India's $1.4 billion tax demand a matter of survival for Volkswagen India unit, lawyer says
A lawyer for an Indian unit of German carmaker Volkswagen, said on Monday the country's $1.4 billion tax demand could become a matter of survival for its business in the country, as it continues to contest the order.
15:25
Estée Lauder and L’Oréal face setbacks as Chinese beauty brands gain ground
Estée Lauder and L’Oréal are facing challenges in the Chinese market as local beauty brands gain popularity. Rising competition, shifting consumer preferences, and economic factors have impacted sales, forcing global cosmetics giants to adapt their strategies.
16:45
one-cent penny
Billionaire Trump Says Time's Up for Lowly US Penny
President Donald Trump announced on Truth Social that he has ordered U.S. Treasury Secretary Scott Bessent to halt production of the one-cent penny, citing excessive costs.
03:38
Dollar Strengthens, Stocks Slip as Trump Signals New Trade Tariffs
Wall Street futures slipped and the dollar strengthened on Monday after President Donald Trump reaffirmed plans for 25% tariffs on steel and aluminium, fueling concerns over trade tensions and inflation.
10:55
ENERGY
Green energy to be supplied from South Caucasus to Europe
Azerbaijan, Georgia, Romania, and Hungary will build a direct high-voltage submarine cable connecting the South Caucasus region with the European Union, with a purpose to strengthen national and regional energy security.
11:02
ENERGY
OPEC+ sticks to oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts.
12:40
Toyota maintains top spot in global car sales despite decline in China and Japan
Toyota sold 10.8 million vehicles in 2024, remaining the world’s top-selling automaker for the fifth consecutive year. However, sales in China dropped by 6.9%, and global sales fell by 3.7%, mainly due to challenges in Japan.
13:10
Bitcoin
Bitcoin soars 2.5% following Trump's new regulation
Bitcoin surged 2.5% to $104,736 after Trump’s executive order on cryptocurrency, while Ethereum rose 4%. Market cap hit $2.07T amid regulatory and tech advancement plans.
12:20
Netflix strengthens its position as global streaming leader
Netflix added 18.9M subscribers, reaching 302M. Squid Game S2 and an NFL game with Beyoncé boosted growth. Revenue rose 16% to $10.2B, with ad-supported plans driving sign-ups. Stock surged 13%, adding $50B in value.
17:11
Bitcoin reaches record high, surpassing $109,000
Bitcoin has hit a new all-time high, peaking at $109,241 before settling at $108,096.98 (+2.84%), according to Binance data.
17:03
US
$TRUMP Coin launch: Donald Trump’s cryptocurrency skyrockets to $12 Billion
President Donald Trump made a major move into the cryptocurrency world, launching his own meme coin, $TRUMP.
15:02
Pakistan's New Gwadar International Airport begins operations
Pakistan’s New Gwadar International Airport has officially commenced operations with the landing of its first commercial flight. As a key project under CPEC, the airport is expected to enhance trade, connectivity, and economic growth in the region.
14:47
Instagram announces new video editing platform Edits
Instagram has announced Edits, a new mobile-focused video editing platform set to launch in February. The app arrives as TikTok and CapCut face regulatory challenges in the U.S., positioning Instagram as a stronger competitor in the video creation market.
15:03
Blue Origin achieves milestone with successful New Glenn launch
Blue Origin successfully launched its New Glenn rocket early Thursday, marking a key milestone in the satellite launch industry. The rocket, featuring a reusable first stage, lifted off from Cape Canaveral, positioning Blue Origin as a competitor to SpaceX in commercial space exploration.
14:38
Apple loses top spot in China smartphone sales, slips to third in 2024
Apple lost its position as China’s top smartphone seller in 2024, with Vivo and Huawei surpassing it after a 17% drop in shipments, marking its largest-ever annual decline. Rising competition, Huawei’s comeback, and shifting consumer trends challenge Apple’s market position.
15:00
Las Vegas
Tech leaders in Las Vegas for CES 2025, concerned about Trump's tariffs
International tech innovators arrived in Las Vegas, to represent and try out the latest gadgets and innovations ahead of CES 2025.
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