On August 21, Japanese firm Sony Corp. revealed a rise in the suggested retail prices for the PlayStation 5 gaming console in the US. “Similar to numerous international firms, we persist in functioning under difficult economic circumstances,” the organization remarked in a statement shared on its...

Coconut oil — long a pantry staple and a flavour hallmark across South and Southeast Asia — has moved well beyond culinary territory to become a strategic commodity with global consequences. Across the region, prices have raced upward amid weather shocks, aging plantations and a sudden surge in...

Danish pharmaceutical firm Novo Nordisk has lowered the cost of the weight loss medication Ozempic for US patients who self-finance the treatment. A monthly treatment regimen (three doses of the medication) will be priced at $499 rather than nearly $1,350 if bought with insurance, reports CNBC....

The Public Investment Fund (PIF) of Saudi Arabia has reduced its investments in significant domestic projects by $8 billion due to declining oil prices and various other factors, according to the Financial Times. The fund projected the worth of its investments in Saudi megaprojects to be 211...

American Eastman Kodak, an early leader in photographic equipment manufacturing, reported a net loss in the second quarter and decreased revenue, while the company raised concerns about its capability to meet current debt obligations. From April to June 2025, Kodak experienced a net loss of $26...

American Duolingo Inc., the operator of a digital learning platform, boosted its net profit in the second quarter of 2025 by 1.8 times, reaching an all-time high. The firm raised its yearly revenue forecast, highlighting the robust increase in its users, partially attributed to the implementation...

BP plc states that inventories of commercial oil and oil products are reduced, leading to continued market volatility. During a conference call, the company’s CEO Murray Auchincloss remarked on the future of oil trading, stating that with commercial oil stocks being relatively low, “accidents at...

The U.S. State Department will unveil a one-year pilot program under which certain B-1 (business) and B-2 (tourist) visa applicants will be required to post refundable bonds of $5,000, $10,000 or $15,000 before their visas are issued. Scheduled to launch on August 20, the initiative will empower...

British bank Barclays Plc is exiting the industry climate organization Net-Zero Banking Alliance (NZBA). “Following careful thought, we have chosen to withdraw from the Net-Zero Banking Alliance,” stated Barclays. “With most international banks departing, the organization lacks the structure...