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Iris Barker


Nvidia CEO confident AI will close tech gap

According to Jensen Huang, CEO of Nvidia Corp, artificial intelligence will help developing nations bridge the technological divide with developed countries.
Published on January 22, 2026
By Iris Barker

Former Dutch Central Bank President Knot named as the leading candidate for ECB leadership

Economists surveyed by Bloomberg indicate that Klaas Knot, the former Governor of the Dutch Central Bank, is the most probable successor to Christine Lagarde as President of the European Centralโ€ฆ
Published on January 22, 2026
By Iris Barker

Lagarde doesn’t expect new US tariffs to have a significant impact on EU inflation

The most recent import tariffs being considered by US President Donald Trump are expected to have a very small effect on inflation in the European Union, according to European Centralโ€ฆ
Published on January 22, 2026
By Iris Barker

Arab Energy Fund to issue RMB 10 billion worth of panda bonds

The Arab Energy Fund (TAEF) has obtained approval from Chinese authorities to raise up to RMB 10 billion, which is approximately $1.4 billion, by issuing RMB-denominated bonds, according to theโ€ฆ
Published on January 22, 2026
By Iris Barker

Bayer shares rise on US Supreme Court decision to hear herbicide case

Bayer's stock went up by 8.4% in German trading, reaching a high of โ‚ฌ44.98, according to trading data. This was the biggest increase since early December 2025, as reported byโ€ฆ
Published on January 19, 2026
By Iris Barker

Greenlanders are stocking up on gear and food amid the US threat

Residents of Nuuk, the capital of Greenland, are buying survival equipment and dry supplies, worried about potential US military action, according to a report by CNN on Monday, which quotedโ€ฆ
Published on January 19, 2026
By Iris Barker

Viettel begins construction of Vietnam’s first chip manufacturing plant

The state-owned telecommunications company Viettel has started building Vietnam's first semiconductor manufacturing facility.
Published on January 19, 2026
By Iris Barker

Porsche cuts 2025 sales by 10%

German car company Porsche has decreased its 2025 sales target by 10% due to a slower pace in the Chinese car market and the ending of the 718 Boxster andโ€ฆ
Published on January 19, 2026
By Iris Barker

Bondholders sue Oracle for devaluation

Investors who bought bonds from software company Oracle have taken legal action in a New York state court, claiming the company caused them financial losses, according to Reuters, which isโ€ฆ
Published on January 15, 2026
By Iris Barker

The United States impose 25% tariff on import of “certain advanced chips”

The United States has introduced a 25% tax on the import of "certain advanced computing chips" used for developing artificial intelligence, as announced by the White House press office. Thisโ€ฆ
Published on January 15, 2026
By Iris Barker

Audi cuts 2025 deliveries by 2.9% despite record electric vehicle sales

Germany's Audi has lowered its 2025 vehicle delivery targets by 2.9%, citing a drop in demand in North America and China, according to the company's statement.
Published on January 15, 2026
By Iris Barker

EU lowers price cap on Russian oil from $47.6 to $44.1 per barrel on February 1

The price limit for Russian oil, which prevents EU companies from taking part in transporting the oil or providing related services, will be reduced from $47.6 per barrel to $44.1โ€ฆ
Published on January 15, 2026
By Iris Barker

NASA and the US Department of Energy will develop a nuclear reactor for lunar missions by 2030

NASA and the US Department of Energy announced a collaboration to develop a nuclear power system by 2030 to power astronauts on the lunar surface as part of the Artemisโ€ฆ
Published on January 14, 2026
By Iris Barker

Microsoft promises not to pass on infrastructure costs for its US data centers to consumers

Microsoft is starting a new project to build AI infrastructure in the US, with a focus on helping the public. They promise to cover the costs of the energy systemsโ€ฆ
Published on January 14, 2026
By Iris Barker

Private equity investors sell record $110 billion worth of shares in 2025

In 2025, global private equity investors sold over $110 billion in shares of these funds on the secondary market, according to a report by the Financial Times, which cited estimatesโ€ฆ
Published on January 13, 2026
By Iris Barker

Bloomberg: Traders Vitol and Trafigura are offering Venezuelan oil to Chinese and Indian companies

Global oil traders Vitol and Trafigura have started discussions with major Indian and Chinese refineries regarding the possible sale of Venezuelan crude oil. This comes a few days after theyโ€ฆ
Published on January 13, 2026
By Iris Barker

Chinese automaker Geely is considering entering the US market

Chinese automaker Geely is reportedly planning to enter the US market, as reported by The Wall Street Journal. According to Ash Sutcliffe, Geely's global communications director, the company may announceโ€ฆ
Published on January 12, 2026
By Iris Barker

US Energy Secretary: There are no guarantees for the safety of oil companies in Venezuela

The United States military is not currently offering security assurances to American oil companies operating in Venezuela, according to US Energy Secretary Chris Wright.
Published on January 12, 2026
By Iris Barker

Number of corporate bankruptcies in the US in 2025 reaches 15-year record

The number of corporate bankruptcies in the United States kept increasing in 2025, hitting an 11-month peak since the global financial crisis ended 15 years ago, as reported by S&Pโ€ฆ
Published on December 30, 2025
By Iris Barker

FT survey: European economyโ€™s future linked to Germany’s fiscal policy

Most economists surveyed by The Financial Times connect the chances of a European economic recovery in 2026 with Germany's plan to invest โ‚ฌ1 trillion in infrastructure and defense. However, theyโ€ฆ
Published on December 30, 2025
By Iris Barker

WP: China is rapidly expanding its nuclear warhead production facilities

Chinese officials are quickly increasing the number of sites for assembling nuclear warhead parts, The Washington Post (WP) reported on Sunday, referencing satellite images from the Open Nuclear Network ndโ€ฆ
Published on December 28, 2025
By Iris Barker

AI helps top 10 tech billionaires get another $550 billion richer

The collective fortune of the ten wealthiest tech billionaires in the US is set to rise by over $550 billion in 2025, driven by a surge in AI advancements.
Published on December 28, 2025
By Iris Barker

Christie’s and Sotheby’s auction houses revenue grows in 2025 for the first time in three years

Two prominent auction houses reported an increase in worldwide sales this year for the first time following a two-year downturn.
Published on December 25, 2025
By Iris Barker

Alphabet acquires data center solutions provider Intersect for $4.75 billion

Alphabet Inc. is purchasing Intersect, a company that offers data center and energy infrastructure solutions, for $4.75 billion, after subtracting the company's debt.
Published on December 24, 2025
By Iris Barker

US GDP grows by 4.3% in Q3, shows the fastest pace in two years

The U.S. economy grew by 4.3% on an annualized basis during the third quarter of 2025, according to the Commerce Department. This growth rate was faster than the 3.8% growthโ€ฆ
Published on December 24, 2025
By Iris Barker

Porsche to close electric vehicle charging network in China

German luxury automaker Porsche AG intends to shut down its network of electric vehicle charging stations in China, as reported by Bloomberg, referencing a statement from the company.
Published on December 22, 2025
By Iris Barker

France expects coldest Christmas since 2010

Meteo experts in France predict the coldest Christmas temperatures the country has seen in 15 years, according to Figaro, referencing La Chaine Mรฉtรฉo.
Published on December 22, 2025
By Iris Barker

Germany to increase government bond issuance to record โ‚ฌ512 billion in 2026

Germany plans to boost its government bond issuance to an unprecedented โ‚ฌ512 billion in 2026 to finance substantial infrastructure and defense expenditures.
Published on December 18, 2025
By Iris Barker

WSJ: Venezuelan black market oil trade estimated at $8 billion

The Wall Street Journal reports, referencing expert assessments, that 70% of Venezuela's oil shipments are transported by tankers affected by US sanctions.
Published on December 18, 2025
By Iris Barker

Marshall Islands are the first in the world to begin paying universal basic income in cryptocurrency

Officials in the Marshall Islands have initiated a basic income (UBI) scheme, according to The Guardian.
Published on December 17, 2025
By Iris Barker

European Parliament votes for “military Schengen”

In their resolution on Wednesday, Members of the European Parliament (MEPs) urged for the removal of internal borders for troop and military equipment movement within the EU, along with theโ€ฆ
Published on December 17, 2025
By Iris Barker

Nvidia ranks first among U.S. companies for management quality

Nvidia Corp., a company that makes graphics chips, has ranked first in a list of U.S. companies with the highest quality of management, according to a report from the Druckerโ€ฆ
Published on December 16, 2025
By Iris Barker

US and Ukrainian working groups may possibly meet in Miami this weekend

The American and Ukrainian working groups focused on the conflict in Ukraine may hold a meeting this weekend in Miami to address detailed technical matters that remain unresolved following twoโ€ฆ
Published on December 16, 2025
By Iris Barker

HSBC closes its 160-year-old executive development program

HSBC, Europe's largest bank, has ended its renowned International Manager executive development program, which has been in place since the bank's founding over 160 years ago, according to a reportโ€ฆ
Published on December 15, 2025
By Iris Barker

China to introduce steel export licensing from 2026

Chinese officials are implementing a new licensing system for the export of steel products, coming at a time when steel exports have hit record levels this year.
Published on December 15, 2025
By Iris Barker

IDC expects global IT spending to grow at its fastest rate since 1996 in 2025

Spending on the development of information technology and services is projected to rise by 14% in 2025, reaching $4.25 trillion, as reported by analyst firm International Data Corporation (IDC).
Published on December 11, 2025
By Iris Barker

Ford and SK Innovation to dissolve joint venture and divide its assets

Ford Motor Co., the American automaker, and SK Innovation Co., the South Korean energy firm, have decided to end their partnership on electric vehicle battery production and split its assets.
Published on December 11, 2025
By Iris Barker

International stabilization forces may be deployed to Gaza in early 2026

An international stabilization force could start its mission in the Gaza Strip in early 2026, The Jerusalem Post reported Wednesday, referencing a source.
Published on December 10, 2025
By Iris Barker

Powell: The US economy is growing at a moderate pace, inflation remains elevated

Federal Reserve Chairman Jerome Powell announced in a press conference after the meeting that the US economy is expanding at a steady rate.
Published on December 10, 2025
By Iris Barker

EIA expects China to continue building oil inventories in 2026

The US Energy Information Administration (EIA) anticipates that China will persist in expanding its strategic petroleum reserves next year, which, along with OPEC+ strategies, will limit the fall in oilโ€ฆ
Published on December 9, 2025
By Iris Barker

Global aviation industry sees supply shortage of over 5,300 aircraft

The worldwide deficit of new planes, noted in recent years because of issues in the aerospace supply chain, continues to be a primary factor obstructing industry expansion, as stated byโ€ฆ
Published on December 9, 2025
By Iris Barker

Trump expresses concerns about Netflix and Warner Bros. Discovery merger

US President Donald Trump voiced worries regarding possible antitrust violations if Netflix Inc. purchases Warner Bros. Discovery Inc. for $72 billion, according to Bloomberg.
Published on December 8, 2025
By Iris Barker

US plans to allocate $400 million in aid to Ukraine in 2026

On Sunday, US legislators presented the 2026 defense budget bill, featuring historic funding for national security and $400 million in assistance to Ukraine.
Published on December 8, 2025
By Iris Barker

Visa moves European headquarters to Canary Wharf

Visa Inc., which operates the largest payment network in the United States, has officially decided to move its European headquarters to the Canary Wharf business area in London.
Published on December 8, 2025
By Iris Barker

Global chip sales will approach $1 trillion in 2026

Global chip sales are projected to reach nearly $1 trillion in 2026, as reported by the World Semiconductor Trade Statistics (WSTS), an industry organization.
Published on December 8, 2025
By Iris Barker

EC and EIB Group will support development and deployment of AI gigafactories across the EU

On Thursday, the European Commission (EC) and the EIB Group (comprising the European Investment Bank and the European Investment Fund) revealed their collaboration to aid artificial intelligence gigafactories.
Published on December 4, 2025
By Iris Barker

Rio Tinto plans to sell assets worth $5-10 billion

Rio Tinto aims to enhance EBITDA by 40-50% by 2030 by boosting copper output, cutting costs, divesting assets, and optimizing operations.
Published on December 4, 2025
By Iris Barker

Turkey’s Botas signs LNG purchase agreements with Eni and SEFE

Turkey's Botas has entered into liquefied natural gas (LNG) purchase agreements with Italy's ENI and Germany's SEFE, formerly known as Gazprom Marketing & Trading, according to Turkish Energy Minister Alparslanโ€ฆ
Published on December 4, 2025
By Iris Barker

Venezuela rejects forced sale of Citgo

The Venezuelan government has rejected the court's decision to forcibly sell Citgo Petroleum Corporation (CITGO), a U.S. subsidiary of the state-owned company Petrรณleos de Venezuela (PDVSA), said Vice President Delcyโ€ฆ
Published on December 4, 2025
By Iris Barker

Global central banks purchase 53 tons of gold in October

Global central banks added 52.6 tonnes of gold to their international reserves in October, as reported by preliminary data from the World Gold Council (WGC).
Published on December 3, 2025
By Iris Barker
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