China’s state-led investment in clean energy is now the main determining factor in how quickly the world decarbonises, according to a report by London-based think tank Ember. “Within China there is a realisation that the old development paradigm centred on fossil fuels has run its course, and is not fit for 21st century realities,” says…
Published On 8 Sep 20258 Sep 2025 Argentina’s markets have tumbled, with the peso currency at a historic low, after a heavy defeat for President Javier Milei’s party at the hands of the Peronist opposition at local elections stoked worries about the government’s ability to implement its economic reform agenda. On Monday, the peso was last…
The governing board for the electric carmaker Tesla has put forward a pay package for CEO Elon Musk that could make him the world’s first trillionaire — but only if he meets a series of high-performance standards over the next 10 years. The proposal became public on Friday, as part of the company’s regulatory filings….
The US stock market has been having a stellar run – so much so that many investors fear it is overpriced. Since early 2023, the benchmark S&P 500 has risen more than 60 percent, hitting all-time highs despite headwinds ranging from US President Donald Trump’s tariffs to concerns that artificial intelligence (AI) may be overhyped….
More than 20 leaders from non-Western nations gathered in Tianjin, China over the weekend for the Shanghai Cooperation Organisation (SCO) summit, which concluded on Monday, and at which President Xi Jinping set out his vision for a global economic order with the Global South at its centre. Against the backdrop of new global tariffs imposed…
Google has said previously it plans to file an appeal to the ruling. Published On 2 Sep 20252 Sep 2025 Alphabet’s Google must share data with competitors to open up competition in online search, a judge in Washington has ruled. The decision handed down on Tuesday also rejects prosecutors’ bid to make the internet giant…
New Delhi, India – In a sprawling market in the Indian capital, Anuj Gupta sits in a corner of his shop as silence hangs over it. Gupta sources and exports garment accessories – like laces and buttons – to major global brands. But punishing tariffs imposed by United States President Donald Trump have brought Gupta’s…
US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped. Published On 28 Aug 202528 Aug 2025 Chip giant Nvidia has set a new sales record, a sign that demand for artificial intelligence remains strong despite fearsthe technology may be overhyped. Nvidia, the world’s most valuable company, on Wednesday…
The administration of President Donald Trump has announced it plans to take control of Union Station, a major transportation hub in the United States capital of Washington, DC. Transportation Secretary Sean Duffy delivered the announcement on Wednesday, as he stood with leaders from the rail company Amtrak to unveil a new fleet of faster Acela…
Washington’s move to double tariffs on many Indian goods poses a huge risk to India’s biggest export market. The United States has doubled tariffs on many imports from India to 50 percent, as US President Donald Trump followed through on his threat to punish New Delhi for buying discounted Russian oil. The steep tariffs, which…