US to impose 15% reciprocal and auto tariffs on South Korean exports
U.S. Commerce Secretary Howard Lutnick confirmed that South Korea’s reciprocal and auto tariff rate will be set at 15%, averting a steeper 25% levy ...
Bulgaria and Kazakhstan are joining forces to develop the Middle Corridor — a vital transport route connecting Europe and Asia — marking a new era of strategic and economic cooperation across Eurasia.
During his official visit to Kazakhstan, Bulgarian President Rumen Radev signed a key Memorandum of Understanding with President Kassym-Jomart Tokayev to develop the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. This route, spanning from China to Europe via Central Asia and the Caucasus, has gained momentum as a secure and efficient alternative to northern trade paths disrupted by geopolitical tensions. Kazakhstan, which handles 85% of overland trade between Europe and China, plans to boost the corridor’s capacity significantly by 2028.
Bulgaria’s strategic location on the Black Sea makes it an ideal partner in this initiative, with the Port of Burgas poised to become a critical node for Eurasian cargo flows. In 2024, Kazakhstan’s exports to Bulgaria surged, largely driven by oil, while Bulgarian investment in Kazakhstan rose by over 86%. The partnership is also expanding beyond oil, with uranium, lithium, and rare earth metals now moving through the corridor to meet European demand.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
U.S. Commerce Secretary Howard Lutnick confirmed that South Korea’s reciprocal and auto tariff rate will be set at 15%, averting a steeper 25% levy ahead of the 1 August deadline.
Microsoft expects to invest about $30 billion in capital expenditures this quarter, part of an overall record of more than $80 billion planned for fiscal 2025, as its AI-powered cloud services continue to accelerate revenue and market value.
Egypt's military dropped humanitarian aid by parachute over parts of Gaza on 30 July, targeting areas unreachable by road as famine warnings intensify.
The United States and Israel have criticised Canada’s announcement that it will recognise the State of Palestine at the UN General Assembly in September, warning the move rewards Hamas and undermines peace efforts.
Canadian Prime Minister Mark Carney announced that Canada plans to recognise the State of Palestine at the 80th United Nations General Assembly in September 2025, aligning with France and other nations advocating for Palestinian statehood.
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