Germany is exploring the option of purchasing Patriot missile systems from the United States and transferring them directly to Ukraine, as Western allies scramble to plug critical air defence gaps, as per a Reuters report.The discussions follow reports that the US has paused the delivery of at least 30 Patriot…
The hopes of any extension of the July 9 tariff deadline by the Donald Trump-led US administration seems fading as the US President has revealed his plans to notify various nations with new tariffs on their imports to the United States.The development came amid much suspense over Donald Trump’s next…
Alphabet’s Google is under fresh regulatory scrutiny in the European Union, following a formal antitrust complaint from a group of independent publishers, as per a Reuters report.The group alleges that the company’s AI-generated search summaries are harming their businesses.According to a complaint document dated June 30, the group has also…
Shaun Rein, a senior China Market Research analyst, didn’t mince words about Starbucks Corp’s (NASDAQ: SBUX) faltering performance in China as he spoke with CNBC on Friday.According to him, Starbucks is struggling in China even though experiential consumer categories like sports apparel are thriving because it’s been making “major strategic…
Alexandre de Moraes, a Supreme Court justice in Brazil, stepped into the middle of a high-stakes impasse between President Luiz Inácio Lula da Silva and Congress on a politically charged tax increase. Moraes provisionally suspended the executive decree that increased the IOF postage on specific financial transactions, and Congress’s annulment…
The bitcoin world lit up on Friday after two wallets holding a combined 20,000 BTC — untouched since 2011 — suddenly came to life, sparking speculation, awe, and some market caution.Blockchain trackers Whale Alert and Lookonchain were the first to flag the transfers, noting that each wallet contained 10,000 BTC.…
Birmingham’s iconic heavy metal band Black Sabbath is taking center stage for one last time, and it is set to make a splash in the city. The group’s farewell performance, scheduled for Saturday, July 5, at Villa Park, is expected to inject up to £20 million into the city’s economy,…
UK Prime Minister Keir Starmer is navigating a growing rift between financial market demands and political pressures within his own Labour Party, following a turbulent week that rattled investors and tested the stability of his government’s fiscal policy.The tensions came to a head on Wednesday when Chancellor of the Exchequer…
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth.This week’s most notable news is that Costa Rica moves forward with its plans to regulate crypto activities in the country as the sector rapidly expands. Panama, on the other hand, is introducing blockchain technology into…
Coffee prices have significantly decreased since reaching multi-year highs in the spring.The global coffee market experienced a significant downturn this week as the price of Arabica coffee plummeted to 280 US cents per pound. This marks the lowest point for the commodity since November 2024, raising concerns among growers, traders, and…