13:10
Power deal

CATL in talks to lead Nio’s power unit, expanding EV network

Chinese battery giant CATL is in talks to acquire a controlling stake in Nio’s power unit, which operates over 3,000 battery swapping stations across China. This deal highlights Nio's efforts to strengthen its position in the competitive EV market and expand its charging infrastructure.

12:59
Equal deal

Indonesia pursues fair and equal trade with U.S. amid tariff dispute

Indonesia seeks a fair and equal trade relationship with the U.S. after the imposition of a 32% tariff, aiming for diplomacy and negotiations instead of retaliation. The country is considering increasing imports of U.S. goods and offering tax cuts in response to the tariffs.

12:09
Tariff aid

Spain fights back: Calls for EU aid against U.S. tariffs

Spain’s Economy Minister, Carlos Cuerpo, is pushing the EU to expand financial aid for industries hit by U.S. tariffs. Spain recently unveiled a €14.1 billion support package and aims to secure broader EU countermeasures as trade tensions escalate between the U.S. and Europe.

11:46
Market meltdown

Market meltdown: Tariff fears and recession risk sink stocks

Global stock markets plummeted on Monday as tariff fears triggered panic among investors. With uncertainty over U.S. trade policies, futures markets priced in multiple interest rate cuts, heightening recession concerns. Major global indices saw sharp losses, while safe-haven assets surged.

10:53
Pyongyang returns

Pyongyang marathon returns after six years, attracting global athletes

North Korea held its first Pyongyang International Marathon in six years, with foreign runners from China and Ethiopia. The event marked the country's gradual reopening post-pandemic, celebrating Kim Il Sung's birthday. The marathon symbolized North Korea's cautious return to normalcy.

10:21
Tesco response

Tesco’s next move: Battling Asda’s price cuts in grocery war

Tesco is set to respond to Asda’s price-cutting strategy as it reports full-year results. While Asda aims to reclaim market share with lower prices, analysts question its sustainability. Tesco, with a strong balance sheet, expects steady growth despite rising costs.

13:08
World Cup

No rivals, No doubts: UK poised to host 2035 World Cup

UK set to host 2035 Women’s World Cup as FIFA confirms sole bid. The joint bid from England, Scotland, Wales & NI stands uncontested, marking a major milestone for women’s football. Final approval pending, but preparations for a historic event are underway.

12:11
Tariff battle

Trade war escalates: EU strikes back at Trump’s new tariffs

The EU is preparing countermeasures after Trump’s sweeping tariffs, set to impose a 10% minimum duty on imports and 20% on EU goods. European leaders warn of economic fallout as trade ministers plan next steps, with talks critical to avoiding a trade war.

11:59
Tariff impact

Sportswear crisis: Nike, Adidas, and Puma face trade war heat

Shares in Nike, Adidas, and Puma fell sharply after the U.S. imposed steep tariffs on Vietnam, Indonesia, and Cambodia, key sourcing hubs. The move raises concerns over rising costs and supply chain disruptions, adding fresh uncertainty to global markets.

10:38
Trade shock

Trump’s tariffs shake markets! Global trade war looms

The US dollar slumped as President Trump’s tariff announcement sent shockwaves through global markets. With a 10% baseline tariff on imports, fears of a global economic slowdown intensified. Investors sought safe havens as stock markets and currencies faltered.

15:49
Samsung rebounds

Samsung’s comeback plan: big deals, AI push, and stock revival

Samsung vows a comeback with bold M&A plans as shareholder pressure mounts. Admitting missteps in AI and chip tech, executives pledge a turnaround by 2025. With a $7.2B buyback and a push for acquisitions, the tech giant aims to reclaim its lost edge.

14:52
Kazakhstan

Kazakhstan appoints new minister amid nuclear move

Kazakhstan’s energy landscape is undergoing a major shift as President Tokayev appoints Yerlan Akkenzhenov as the new energy minister. This change comes amid the country’s push for nuclear power, marking a pivotal moment in Kazakhstan’s energy diversification strategy.

17:02
Germany's aid

Germany pledges €300m in aid for Syria amid humanitarian crisis

Germany pledged €300 million in aid for Syrians, focusing on food, healthcare, shelters, and protection. The funds will support those in Syria and refugees in neighboring countries. Foreign Minister Baerbock stressed the need for political inclusion and accountability.

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