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
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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
TelefĂłnica 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
Trump ramps up trade tensions with Canada following their recent stance on Palestine, Reuters reports. This move marks a new and challenging chapter in U.S.-Canada relations amid the evolving Middle East diplomatic crisis
Former U.S. President Donald Trump extended a warm invitation to Brazil’s President Lula da Silva, encouraging him to reach out anytime-sparking hopes for a fresh chapter of dialogue between the two leaders, Reuters reports. This message comes as the relationship between the two countries continues to shift and develop
Brazilian beef-packers warn that proposed US tariffs could trigger losses soaring as high as $1 billion, threatening exports and jeopardizing vital trade relationships. The industry calls for swift diplomatic intervention to avert major damage
President Trump’s latest order removes tariffs on aircraft, orange juice, and energy products imported from Brazil. This bold step aims to ease trade tensions while maintaining pressure on other sectors, Reuters reports
Air France-KLM has pulled back from its attempt to acquire a stake in Spain’s Air Europa, Reuters reports. This setback challenges the airline’s bold expansion plans amid an already fierce aviation market
Australia has announced a bold $10 billion reduction in student loan debt, providing a crucial financial lifeline to recent graduates grappling with the soaring cost of living. This move represents a major milestone in the government’s broader economic relief plan, Reuters reports
Italy’s new car sales slipped by 5.11% in July compared to last year, Reuters reports. This decline underscores the ongoing challenges in the automotive market as economic uncertainties and shifting consumer preferences continue to transform the industry
Exclusive: China Galaxy and CICC are set to unveil investment funds exceeding $1 billion, targeting the vibrant markets of Southeast Asia. This ambitious initiative seeks to deepen regional economic ties and capitalize on exciting growth prospects in emerging economies, Reuters reports
AB InBev shares plunged after the company disclosed declining sales in key markets such as China and Brazil, igniting concerns over its global growth prospects. Investors quickly reacted to these warning signs of softening demand and escalating economic challenges
Russia’s reported capture of the Ukrainian town Chasiv Yar represents a significant strategic victory in the Donetsk region, highlighting Moscow’s determined effort to strengthen its hold over eastern Ukraine amid intense and ongoing battles
At least 60 people, including vulnerable care home residents, have tragically lost their lives in the devastating floods sweeping through northern China, Reuters reports. Rescue teams are racing against the clock as authorities tirelessly assess the widespread destruction caused by relentless heavy rains
Italy’s July EU-harmonised CPI slowed to 1.7% year-on-year, according to Reuters. Meanwhile, ‘core’ inflation remained steady, signaling persistent underlying price pressures despite the easing headline growth
Former President Donald Trump announced that the US and India are deep in negotiations, despite the looming threat of a 25% US tariff. These pivotal talks aim to resolve trade disputes and boost the economic partnership between the two countries