Transport-transit opportunities of Azerbaijan: Realities and prospects

BRICS Summit Highlights Multilateral Cooperation Amid U.S. Tariffs

Chinese President Xi Jinping has described economic globalisation as an “irresistible trend of history,” emphasising the importance of multilateralism amid tariffs imposed by U.S. President Donald Trump.

Investors eye French confidence vote amid market gains

European stock markets closed Monday with gains as investors focused on a confidence vote in the French parliament.

Central Asian energy ties strengthened through Gazprom deals

Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.

Greece announces €1.6 billion tax reform to support families

Greek Prime Minister Kyriakos Mitsotakis on Saturday announced generous income tax breaks to boost households with children, part of a tax reform worth 1.6 billion euros ($1.87 billion).

Fed study finds more firms adopting AI with few job cuts

A recent Federal Reserve Bank of New York (New York Fed) study reveals that while the use of artificial intelligence (AI) among businesses has grown significantly over the past year, very few companies have carried out AI-related layoffs.

Global Government Bonds Under Pressure Amid U.S. Economic Uncertainty

Rising concerns over the U.S. economy and ongoing tariff disputes have put global government bonds under selling pressure, experts say. Donald Trump’s push for interest-rate cuts, combined with a major spending bill, has shaken investor confidence, sending bond prices down while yields rise.

Estonia, Slovakia lead euro area inflation as energy costs fall

Eurozone annual inflation reached 2.1% in August, up from 2% in July, Eurostat announced on Wednesday.

Economic growth and political debate shape Côte d'Ivoire’s upcoming election

Côte d'Ivoire has maintained its position as a major political and economic force in West Africa. The region has been experiencing a number of political challenges with several countries either under the military rule grappling with uncertainty.

Magnificent 7’ Lead Tech Sector with Soaring Q2 Earnings

The world’s seven largest technology companies – Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia and Tesla – collectively reported a net profit of $143 billion in the second quarter, representing a 27.6% increase year-on-year, according to their financial statements.

Wall Street climbs despite Nvidia shortfall

The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday (28 August), after Nvidia’s quarterly report fell short of investors’ lofty expectations but confirmed that demand for artificial intelligence (AI) infrastructure remains strong.

French business leaders jittery over ongoing political crisis and economic fallout

Business leaders in France have expressed concern over the economic impact of the ongoing crisis in government triggering fears of a recession.

U.S. import slowdown offsets modest G20 trade growth

The Organisation for Economic Co-operation and Development (OECD) reported on Tuesday that G20 countries’ international goods trade rose slightly in the second quarter of 2025, mainly because imports into the United States fell sharply after rising in the first quarter.

S&P 500 slides as traders eye Nvidia earnings

The S&P 500 closed lower on Monday (25 August) as investors turned their attention to Artificial Intelligence (AI) chipmaker Nvidia’s upcoming quarterly results, following Friday’s rally that saw the Dow Jones Industrial Average close at a record high.

Chemical enhanced oil recovery market to reach $1.4 billion by 2031

The global market for chemical enhanced oil recovery (EOR) is set to expand significantly over the coming decade. According to Allied Market Research’s 'Global Oil Recovery Market Report,' the market, valued at $900 million in 2021, is expected to grow at an average annual rate of 4.6%, reaching $1.

India says trade talks with the U.S. continue ahead of new tariffs

India’s foreign minister says trade talks with Washington are ongoing, but New Delhi must defend its key interests as U.S. tariffs loom.

Canada inflation slows to 1.7%, rate cut hopes rise

Canada’s annual inflation eased to 1.7% in July, helped by falling gasoline prices, raising hopes of a potential Bank of Canada rate cut in September.

Kyrgyzstan's GDP grows 11.5 pct in first 7 months of 2025

Kyrgyzstan’s economy expanded by 11.5 percent in the first seven months of 2025, reaching 9.9 billion U.S. dollars, official data shows.

AI startup Perplexity is planning to buy Google Chrome within $34.5 billion bid

Artificial intelligence (AI) start-up Perplexity has made a surprise $34.5bn takeover bid for Google's Chrome internet browser

Australia’s divorce rate hits 50-year low amid economic strain

Economic pressures are reshaping Australian family life, driving both marriage and divorce rates down, according to Australian National University (ANU) demographer Liz Allen.

More than half of Indonesia’s stock investors are under 30, OJK says

More than half of Indonesia’s individual stock market investors are below the age of 30, the Financial Services Authority (OJK) announced Monday, underscoring a youth-driven surge in market participation.

Iran approves plan to cut four zeros from rial amid currency drop

Iran's cabinet has endorsed a plan to slash four zeros from the national currency, pending parliamentary and Constitutional Council approval.

EXPLAINER - What is de-dollarisation, and could it really reshape global finance?

De-dollarisation, the move away from the U.S. dollar in global trade and finance, is no longer a fringe idea. As geopolitical tensions rise and new financial tools emerge, could this shift really transform the global economy?

Indonesia expects coal output to surpass 700 million tons in 2025

Indonesia’s Ministry of Energy and Mineral Resources announced on Thursday that the country’s coal production is likely to exceed 700 million tons this year, reinforcing its position as one of the world’s top coal producers.