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Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Hyundai warns prolonged restart for Georgia battery plant as diplomatic fallout unfolds

Armani’s final will forces a staged transfer of power — and could redraw luxury’s map

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

UK’s Sainsbury’s Seeks JD.com Partnership for Argos to Speed Digital Shift and Expand UK Reach

AI Is Reshaping Mourning: Technology, Ethics and New Forms of Memory

WTO Fisheries Deal Takes Effect, Redrawing the Rules That Drive Global Overfishing

Paris Seeks Centralised Crypto Oversight to Stop Licence-Hopping and Protect Market Stability

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist

New Framework Reached for TikTok Ownership Signals Turning Point in U.S.–China Trade Tensions

Latest News

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist

New Framework Reached for TikTok Ownership Signals Turning Point in U.S.–China Trade Tensions

Reader's Pick

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade 20/08/2025

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute 29/08/2025

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit 01/09/2025

India’s Planned Ban on Money-Based Online Gaming Set to Reshape a Multi-Billion-Dollar Industry 20/08/2025

Nestlé Ousts CEO Laurent Freixe; Board Names Philipp Navratil as Steward for Renewal 02/09/2025

Latest Business News
New Framework Reached for TikTok Ownership Signals Turning Point in U.S.–China Trade Tensions

New Framework Reached for TikTok Ownership Signals Turning Point in U.S.–China Trade Tensions

Companies

U.S. and Chinese officials have agreed on a framework to shift TikTok’s control to U.S. hands, in a deal that treads the delicate line between national security, data protection, and cross-border trade diplomacy. The pact, reached in Madrid after intensive negotiations, is set for finalization in a forthcoming call between President Donald Trump and Chinese President Xi Jinping.   What the...
Paris Seeks Centralised Crypto Oversight to Stop Licence-Hopping and Protect Market Stability

Paris Seeks Centralised Crypto Oversight to Stop Licence-Hopping and Protect Market Stability

Markets

France has threatened to block the EU “passport” that lets crypto firms licensed in one member state operate across the bloc, escalating a political fight over who should police digital-asset platforms and why. Paris argues that uneven licensing under the new Markets in Crypto-Assets framework has created opportunities for regulatory shopping that imperil investor protection, cybersecurity and...
WTO Fisheries Deal Takes Effect, Redrawing the Rules That Drive Global Overfishing

WTO Fisheries Deal Takes Effect, Redrawing the Rules That Drive Global Overfishing

Markets

A landmark World Trade Organization agreement to curb harmful fishing subsidies officially came into force this week, marking a rare multilateral victory for ocean sustainability and setting in motion a suite of measures aimed at rebalancing global fishing economics, protecting vulnerable stocks and insulating coastal communities from the worst impacts of industrial overcapacity.   A...
AI Is Reshaping Mourning: Technology, Ethics and New Forms of Memory

AI Is Reshaping Mourning: Technology, Ethics and New Forms of Memory

Innovation

Artificial intelligence is transforming traditional practices of grieving and remembrance, producing new digital tools that create voice clones, interactive avatars and searchable life archives. These technologies—often marketed as “digital legacies” or “grief tech”—promise a way to preserve memories and sustain a sense of presence after death, but they also raise pressing ethical, legal and...
UK’s Sainsbury’s Seeks JD.com Partnership for Argos to Speed Digital Shift and Expand UK Reach

UK’s Sainsbury’s Seeks JD.com Partnership for Argos to Speed Digital Shift and Expand UK Reach

Companies

Sainsbury’s has confirmed early-stage talks to sell Argos, the general merchandise arm it acquired in 2016, to Chinese e-commerce giant JD.com in a move designed to accelerate Argos’s digital and logistics transformation and sharpen Sainsbury’s focus on groceries. The supermarket group said any transaction, if concluded, would include commitments intended to protect customers, staff and trading...
Armani’s final will forces a staged transfer of power — and could redraw luxury’s map

Armani’s final will forces a staged transfer of power — and could redraw luxury’s map

Companies

Giorgio Armani’s will has converted decades of absolute founder control into a tightly choreographed succession plan that effectively compels heirs to put significant chunks of the fashion house on the market or otherwise take it public. The provisions — which call for an initial minority sale within a year and a larger, staged transfer or flotation in subsequent years — replace the brand’s...
Hyundai warns prolonged restart for Georgia battery plant as diplomatic fallout unfolds

Hyundai warns prolonged restart for Georgia battery plant as diplomatic fallout unfolds

Companies

Why Hyundai says restarting will take months   Hyundai Motor senior executives say the shutdown triggered by a sweeping U.S. immigration enforcement action will not be a brief interruption but a multi-month process to bring the Georgia battery plant back to operational readiness. Company leaders point to a concentrated loss of specialised construction and commissioning personnel — many...
Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Legal Process Begins for Hyundai Factory Workers Detained in Georgia, South Korea Secures Repatriation

Companies

Hundreds of workers, mostly South Korean nationals, detained during a sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia are now being released and flown home, following legal reviews and diplomatic pressure. The arrests, which numbered about 475, sparked concern over whether many of those detained had broken visa rules at all, and triggered a diplomatic row between...
Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Oracle’s AI Cloud Push Nears $1 Trillion as Tech Peers Reprice on Infrastructure Demand

Companies

Oracle’s shares have surged in recent trading, pushing the company within striking distance of a $1 trillion market valuation as investors recalibrate the enterprise software giant’s role in the fast-growing artificial intelligence infrastructure market. The rally has been driven by a string of large, long-dated cloud commitments and management guidance that together have convinced markets Oracle...
Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

Slim iPhone Air positioned as a design coup as Apple rethinks flagship form

Companies

Apple’s announcement of the iPhone Air — the company’s thinnest handset to date — has prompted widespread analyst commentary that frames the device as a potential design victory for the tech giant. Observers say the Air’s insistence on slenderness, premium materials and system-level engineering could revive Apple’s hardware narrative and create fresh upgrade incentives, provided the company...
Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Hyundai Raid Raises Questions Over Visa Practices and Risks to U.S.–South Korea Investment Ties

Companies

Workers warned companies about risky visas before the Georgia raid, officials and lawyers say, a claim that adds new scrutiny to how South Korean firms staff high-tech U.S. projects and the diplomatic fallout after the largest single-site enforcement action in Homeland Security history.   Warnings and the decision to send workers   Workers, industry officials and immigration lawyers...
BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

BMW Embraces “Neue Klasse” as Its Strategic Engine for Future Growth

Companies

BMW has unveiled a bold new growth strategy centered on the all-electric Neue Klasse platform, aimed at redefining its product line, strengthening profits, and asserting competitiveness in a cutthroat global market. This approach emphasizes electrification, digital innovation, and sustainability—targeting both existing markets and emerging opportunities.   The Neue Klasse isn’t just a new...

World

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist
Washington has insisted that European nations impose steep secondary tariffs on China (and India) over their purchases of Russian oil—demanding Europe take the first step before the U.S. presses...

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs
European leaders are moving closer to an unprecedented financial move: channeling proceeds from frozen Russian assets into a reparations loan for Ukraine. The initiative, spearheaded by the European...

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout
Congressional disclosure of materials from Jeffrey Epstein’s estate has put a disputed 2003 “birthday book” squarely into the political spotlight. The book, turned over to the House Oversight...

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit
Chinese President Xi Jinping used a high-profile summit of the Shanghai Cooperation Organisation to set out an expansive vision for a reshaped global order — one that leans on regional institutions,...

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade
India and China’s agreement to resume direct flights and expand trade and investment marks a pragmatic thaw between two wary neighbours — a move shaped as much by regional border diplomacy as by a...

People

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant
South Korean workers caught in the sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia have described in vivid detail the fear, humiliation, and uncertainty they endured. Their...

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...