On the eve of new U.S. tariffs, Brazilian beef exports soared to an all-time high in July, showcasing strong global demand despite looming trade restrictions, Reuters reports
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Australia’s Fortescue Metals has secured a groundbreaking $2 billion yuan-denominated loan to fuel its green energy initiatives, marking a significant milestone in the company’s bold push toward sustainable operations, Reuters reports
Japan’s top trade negotiator is preparing for a pivotal trip to the US, determined to fast-track progress on the recent auto tariff agreement. This bold step seeks to ease trade tensions and spark deeper cooperation between the automotive industries of both countries, Reuters reports
Russia’s relentless quest to build competitive commercial jets uncovers deeper industrial challenges-from outdated technology to fragile supply chains-highlighting the broader decline of its aerospace industry
The U.S. has just given Nvidia the go-ahead to export its most advanced chips to China, officials told Reuters. This move marks a strategic easing of tech export restrictions amid ongoing trade tensions between the two countries
Brazil’s Petrobras has hinted that extra dividends this year are unlikely, citing market uncertainties and urgent investment needs, Reuters reports. The state-controlled oil giant is prioritizing capital expenditure as energy prices continue to fluctuate unpredictably
Argentina’s YPF experienced a dramatic nearly 90% drop in Q2 profits, battered by plunging fuel prices. The state-run oil giant faces mounting challenges as global market turmoil and softening demand weigh heavily on its performance, Reuters reports
France is currently grappling with its most destructive wildfire of the year, a fierce blaze that has sadly taken one life. Courageous firefighters are working around the clock to contain the inferno, as authorities urgently evacuate residents and strive to stop the fire from spreading any further. (Reuters)
Brazil-Japan beef trade talks are now focusing on smaller Brazilian states, sparking concern among major producers. Industry leaders warn that this new direction could disrupt established supply chains and transform the market landscape
Nearly 60% of German companies anticipate that the proposed EU-US trade deal will intensify their operational challenges, according to a DIHK survey reported by Reuters. Businesses express growing concerns over increasing regulatory costs and tougher barriers to market access
Turkish Airlines is preparing to submit a binding offer to acquire Spain’s Air Europa, an executive revealed to Reuters. This bold move aims to strengthen its presence in the European market just as competition intensifies
Brazil has stood its ground against international calls to move COP30 away from its Amazon city, despite soaring costs. The government emphasized the unparalleled importance of hosting the climate summit at the very heart of the rainforest
An ex-aide to a far-right German lawmaker has now faced trial, accused of spying for China. This gripping case throws a harsh spotlight on rising concerns over foreign interference in German politics and sends shockwaves through the nation’s security community
Japan has secured a landmark $6.5 billion contract to build state-of-the-art warships for Australia, boosting their defense alliance amid escalating regional tensions and a shared mission to counter China’s growing influence in the Indo-Pacific
Former U.S. President Donald Trump has once again issued a stark warning to India, threatening severe tariffs over its continued purchases of Russian oil. This move escalates tensions amid global sanctions and growing diplomatic pressure, Reuters reports
A key adviser to former President Donald Trump has accused India of financing Russia’s war in Ukraine, Reuters reports. This bold claim shines a sharper global spotlight on India’s ties with Russia amid the escalating conflict
The Philippines and India set sail together for the very first time in the South China Sea, marking a bold step to strengthen maritime ties amid escalating regional tensions, Reuters reports
Spain’s Cox has made a daring move by acquiring Iberdrola’s Mexican assets in a $4.2 billion deal, significantly boosting its footprint in Latin America’s vibrant energy market. This groundbreaking transaction marks a pivotal change in the ownership landscape of the region’s power sector
Russian and Chinese navies joined forces for thrilling joint artillery and anti-submarine drills in the Sea of Japan, Reuters reports. These intense exercises aim to strengthen maritime coordination amid escalating regional tensions
Telefónica is making a bold move by phasing out Huawei’s 5G equipment from its networks in Spain and Germany over security concerns. Yet, the company will continue relying on the Chinese firm’s technology in Brazil, according to Reuters