Iris Barker
Economics
The IMF: Capacity of the global economy to cushion oil shock blow is weakening
The International Monetary Fund noted that the global economy's capacity to absorb the impact from decreased energy supplies via the Strait of Hormuz, caused by renewed conflicts between the USโฆ
Published on July 15, 2026
By Iris Barker
Business & Finance
BlackRock increases Q2 net profit by 20%
American investment company BlackRock, the largest asset manager globally, raised its net profit in Q2 2026 by 20% and revenue by 31%, with adjusted earnings and revenue surpassing market forecasts,โฆ
Published on July 15, 2026
By Iris Barker
Economics
Apple’s market cap jumps $600 billion amid sell-off in AI stocks
Investors are once more purchasing Apple stocks in large quantities, while worries regarding investment in artificial intelligence affect the stocks of chip manufacturers and cloud computing leaders, Bloomberg states, referencingโฆ
Published on July 14, 2026
By Iris Barker
Business & Finance
Shein plans to raise up to $3 billion in Hong Kong IPO
Online apparel seller Shein anticipates generating $2 billion to $3 billion in an initial public offering (IPO) in Hong Kong, according to Bloomberg, which cites sources knowledgeable about the negotiations.
Published on July 14, 2026
By Iris Barker
World & Politics
Iran retaliates against US bases in Jordan and Bahrain
Iranian troops commenced attacks on American bases in Jordan and Bahrain on Monday as retaliation for US military actions against Iran, according to Press TV.
Published on July 13, 2026
By Iris Barker
Economics
Samsung to launch chip production in Yongin a year earlier due to rising demand
The launch of Samsung Electronics' AI chip manufacturing facility in Yongin, located south of Seoul, is set to be advanced from 2030-2031 to 2029. The choice was made to meetโฆ
Published on July 13, 2026
By Iris Barker
Economics
Nigeria overtakes South Korea in stock market returns
According to trading data cited by Bloomberg, Nigeria's stock market has surpassed South Korea's in dollar value since the beginning of 2026.
Published on July 9, 2026
By Iris Barker
World & Politics
EC is concerned about energy prices amid events in the Strait of Hormuz
The energy market situation because of events in the Strait of Hormuz is unstable; it has been this way for months, affecting energy prices, stated European Commission (EC) spokesperson Anna-Kaisaโฆ
Published on July 9, 2026
By Iris Barker
Business & Finance
Apple loses court case with the EC over application of special requirements under the Digital Markets Act
The European General Court has rejected Apple Inc.'s lawsuit contesting the European Commission's ruling to label it a "gatekeeper" under the Digital Markets Act (DMA).
Published on July 9, 2026
By Iris Barker
Economics
Chinese authorities unveil measures to boost currency, bond, and gold trading in Hong Kong
Beijing and Hong Kong authorities have announced a set of initiatives aimed at enhancing trading in currency, bonds, and gold in Hong Kong, according to The Business Times.
Published on July 9, 2026
By Iris Barker
World & Politics
Millions of people took part in Ali Khamenei’s funeral procession in Tehran
Iranian media reported on Monday that millions of residents in Tehran participated in the funeral ceremony for Supreme Leader Ali Khamenei, who died during US and Israeli airstrikes on Februaryโฆ
Published on July 6, 2026
By Iris Barker
Management
Microsoft to lay off 4,800 employees, including in its Xbox division
Microsoft Corp. is eliminating 4,800 positions, accounting for 2.1% of its overall workforce, with its Xbox video game and console division anticipated to reduce around 20% of its staff, accordingโฆ
Published on July 6, 2026
By Iris Barker
World & Politics
506 people die from Ebola in the Democratic Republic of the Congo
According to EFE, citing government statistics, 506 individuals have now succumbed to the Ebola virus in the Democratic Republic of the Congo.
Published on July 6, 2026
By Iris Barker
Economics
OPEC+ countries agree to increase oil production quotas in August by 188,000 bpd
Seven OPEC+ nations have consented to boost their oil production limits in August 2026 by 188,000 barrels daily, according to the organization's press service. The choice was reached during aโฆ
Published on July 6, 2026
By Iris Barker
Science & Technology
Anthropic announces lifting of US export controls on Fable 5 and Mythos 5 AI models
The US firm Anthropic declared on the X social network that the US Department of Commerce has removed export restrictions on its advanced artificial intelligence (AI) models, Fable 5 andโฆ
Published on July 2, 2026
By Iris Barker
Economics
Iran denies IAEA access to nuclear facilities targeted by the US
Iranian officials refused to allow the IAEA access to the nuclear sites aimed at by the US, stated Iranian Parliament Speaker Mohammad Bagher Ghalibaf on Wednesday.
Published on July 2, 2026
By Iris Barker
Business & Finance
Apple’s Chinese partner plans to raise $3.1 billion in Hong Kong IPO
Chinese Apple supplier Luxshare Precision Industry has started accepting applications from investors for its share offering on the Hong Kong Stock Exchange, as reported by Bloomberg, referencing a company announcement.โฆ
Published on June 30, 2026
By Iris Barker
Economics
BIS: Global economic risks are rising due to AI, debt, and inflation
Record-high national debt in multiple countries, persistent inflation, and uncertainties linked to the artificial intelligence (AI) surge are escalating worldwide economic threats. This prediction was provided by the Bank forโฆ
Published on June 30, 2026
By Iris Barker
World & Politics
EU and China start consultations on the most sensitive trade issues
European Trade Commissioner Maroลก ล efฤoviฤ conducted his initial consultation meeting in Brussels with Chinese Commerce Minister Wang Wentao regarding trade and investment matters, in light of significant disagreements between theโฆ
Published on June 30, 2026
By Iris Barker
Economics
124 ships carrying commodities transited the Strait of Hormuz in four days
According to CNN, referencing Kpler, a firm that analyzes relevant data, just 124 vessels transporting goods passed through the Strait of Hormuz over four days.
Published on June 30, 2026
By Iris Barker
World & Politics
Trump threatens European countries with 100% tariffs on all goods for Digital Services Tax
US President Donald Trump is ready to implement 100% tariffs on products from any nation that levies a digital services tax on US firms.
Published on June 29, 2026
By Iris Barker
Economics
China to create new clean, low-carbon energy system by 2030
According to Xinhua, referencing a strategy from the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA), China will significantly have established a new framework for ensuringโฆ
Published on June 29, 2026
By Iris Barker
World & Politics
USA announces a halt to refugee admissions
White House Deputy Chief of Staff Stephen Miller declared that the United States will no longer accept refugees following the Supreme Court's decision.
Published on June 26, 2026
By Iris Barker
Business & Finance
Apple raises MacBook and iPad prices due to memory chip shortage
Apple Inc., based in the US, has increased prices for its products, such as MacBook laptops and iPad tablets, because of higher expenses for memory chips following a shortage.
Published on June 26, 2026
By Iris Barker
Business & Finance
ByteDance seeks $20 billion in loan funds to invest in AI technologies
ByteDance, the parent company of the social media app TikTok, is negotiating a $20 billion loan from global banks, potentially marking the largest loan in the tech firm's history, accordingโฆ
Published on June 24, 2026
By Iris Barker
World & Politics
Heavy shipping traffic restores through the Strait of Hormuz near Oman
Numerous vessels are presently navigating the Strait of Hormuz through the Omani path from the Persian Gulf, according to CBS News.
Published on June 24, 2026
By Iris Barker
Economics
ECB warns of the likelihood of prolonged elevated inflation in the eurozone
According to ECB Chief Economist Philip Lane, inflation in the eurozone may stay over the 2% target for "a while."
Published on June 23, 2026
By Iris Barker
Economics
Porsche discusses job cuts as part of business optimization plan
German car manufacturer Porsche AG is considering potential layoffs as part of a wider business streamlining strategy.
Published on June 23, 2026
By Iris Barker
World & Politics
Military operation against Iran cost the United States $ 40 billion
The Pentagon has invested around $40 billion in military operations against Iran, based on research from the Center for Strategic and International Studies (CSIS), set to be released shortly.
Published on June 22, 2026
By Iris Barker
Management
Michael O’Leary will remain at the head of Ryanair until 2032
Ryanair Holdings Plc, the Irish budget airline, has announced the extension of Chief Executive Officer Michael O'Leary's contract through 2032.
Published on June 22, 2026
By Iris Barker
Economics
New Fed Chair announces moving away from forward guidance
New Fed Chairman Kevin Warsh announced that the Federal Reserve (Fed) has discarded its forward guidance forecasts, which it has released since 2003, after his initial meeting as the centralโฆ
Published on June 17, 2026
By Iris Barker
Science & Technology
Apple to release AirPods with built-in cameras in late 2027
Bloomberg reports, citing sources, that Apple Inc. plans to launch AirPods featuring integrated cameras along with several other new products in late 2027.
Published on June 17, 2026
By Iris Barker
Economics
ECB Chief Economist expects another rate hike
The European Central Bank (ECB) might increase its key interest rates once more, even with favorable updates regarding the memorandum of understanding signed between the US and Iran, according toโฆ
Published on June 17, 2026
By Iris Barker
World & Politics
G7 countries call for a lasting and comprehensive agreement between the US and Iran
The leaders of the G7 endorse the agreement between Washington and Tehran and advocate for ongoing discussions to achieve a thorough agreement, as stated in a G7 release on geopoliticalโฆ
Published on June 17, 2026
By Iris Barker
World & Politics
Bundesbank president expects long-term impact of soaring oil prices on global economy
Joachim Nagel, president of the Bundesbank and member of the ECB Governing Council, stated that the rise in energy prices due to the conflict in the Middle East will keepโฆ
Published on June 15, 2026
By Iris Barker
World & Politics
Bloomberg reports difficulties in agreeing on unified G7 position on Iran
According to Bloomberg, an official present at the G7 summit in France indicates that Iran is a delicate topic for attendees, making it challenging to reach consensus.
Published on June 15, 2026
By Iris Barker
World & Politics
Iran releases draft memorandum of understanding with the United States
According to Mehr news agency, the preliminary agreement between Washington and Tehran requires Iran to reaffirm its dedication to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).
Published on June 15, 2026
By Iris Barker
World & Politics
China vows retaliatory measures against the US after blacklisting Alibaba and BYD
China's Ministry of Commerce voiced "extreme dissatisfaction" regarding the US Department of Defense's recent inclusion of Alibaba, internet search engine Baidu, and automaker BYD on a list of firms supportingโฆ
Published on June 15, 2026
By Iris Barker
Economics
World Bank forecasts global GDP growth of 2.5% in 2026 and 2.8% in 2027.
The World Bank (WB) forecasts that global economic growth will reach 2.5% in 2026 and 2.8% in 2027, as stated in its June Global Economic Prospects report.
Published on June 11, 2026
By Iris Barker
Management
Volkswagen to cut 19,000 jobs in Germany by year-end
Volkswagen AG, the German automotive giant, plans to eliminate 19,000 positions in Germany by the year's end, as stated by CEO Oliver Blume before the annual shareholders' meeting on Juneโฆ
Published on June 11, 2026
By Iris Barker
World & Politics
DR Congo reports 635 Ebola cases
Local authorities reported on Wednesday that the confirmed cases of Ebola in the Democratic Republic of Congo (DRC) have risen to 635.
Published on June 10, 2026
By Iris Barker
Business & Finance
Trump Media drops Truth Social spinoff
Trump Media & Technology Group Corp. (TMTG) has abandoned plans to divest various media assets, including Truth Social, after finalizing its merger with TAE Technologies.
Published on June 10, 2026
By Iris Barker
Business & Finance
Amazon to invest over โฌ10 billion in Europe, create 25,000 more jobs
Amazon.com Inc. plans to invest more than โฌ10 billion in expanding and upgrading its fulfillment centers across Europe in the coming years.
Published on June 4, 2026
By Iris Barker
Economics
Number of dollar millionaires worldwide grows by 7.9% in 2025 to 25.3 million
According to Capgemini's annual World Wealth Report, the number of high-net-worth individuals worldwide rose by 7.9% last year, reaching a total of 25.3 million.
Published on June 4, 2026
By Iris Barker
Business & Finance
Amazon to hold Prime Day on June 23-26 in 2026, earlier than usual
Amazon.com Inc. plans to conduct its Prime Day sale from June 23-26 in 2026, moving it from July as in prior years, according to Reuters.
Published on June 3, 2026
By Iris Barker
Business & Finance
Alphabet to raise $80 billion in shares
American Alphabet Inc., which encompasses Google, intends to generate $80 billion through a share offering to finance investments in artificial intelligence computing infrastructure to address unprecedented customer demand, the companyโฆ
Published on June 3, 2026
By Iris Barker
Science & Technology
Nvidia unveils new AI chip, challenging Intel and AMD
Nvidia revealed its latest RTX Spark Superchip AI chip for computers, stated the companyโs CEO Jensen Huang at the Computex trade show in Taipei, Taiwan.
Published on June 1, 2026
By Iris Barker
Business & Finance
Quantum company Quantinuum increases US IPO size to $1.5 billion
Quantum computing firm Quantinuum has raised the size of its initial public offering (IPO) to $1.46 billion, boosting both the share quantity offered and the price range, Bloomberg and Reutersโฆ
Published on June 1, 2026
By Iris Barker
World & Politics
American soldiers were injured in an Iranian missile strike on a base in Kuwait
According to CBS News, referencing a source, four American military personnel and three civilian workers sustained minor injuries during an Iranian missile attack on a Kuwait airbase last week.
Published on June 1, 2026
By Iris Barker
Economics
Bloomberg: The EU may freeze the price cap for Russian oil
The EU is contemplating a temporary suspension of the price cap on Russian oil because of the conflict in the Middle East, Bloomberg reported.
Published on June 1, 2026
By Iris Barker
