
Iris Barker
Science & Technology
EU is considering banning ethyl alcohol in hand sanitizers
The European Union is deliberating on designating ethyl alcohol (ethanol) as a dangerous substance that elevates cancer risk. The Financial Times reports that this action may result in a prohibitionโฆ
Published on October 21, 2025
By Iris Barker
Science & Technology
Starship to become the first spacecraft to complete full lunar mission
Elon Musk, founder of SpaceX, claimed that the Starship spacecraft will be the first to reach the Moon, asserting that China will not succeed in the lunar competition.
Published on October 20, 2025
By Iris Barker
Business & Finance
Thyssenkrupp is in talks with India’s Jindal Steel to sell its steel business
The German industrial firm Thyssenkrupp is currently in discussions with India's Jindal Steel International, which has shown interest in Thyssenkrupp Steel Europe (TKSE), its steel sector.
Published on October 20, 2025
By Iris Barker
World & Politics
French Culture Minister declares that the Louvre Museum has been robbed
French Culture Minister Rachida Dati announced that the Louvre Museum in Paris had been robbed.
Published on October 20, 2025
By Iris Barker
Science & Technology
Stellantis, Pony AI plan to deploy robotaxi network in Europe
Stellantis NV announced that Chinese self-driving technology firm Pony AI Inc. will start testing autonomous vehicles in Europe.
Published on October 20, 2025
By Iris Barker
Economics
Lagarde believes current rate level will help the ECB cope with turbulence
ECB President Christine Lagarde stated during a session at the International Monetary Fund's annual meetings that the existing level of the European Central Bank's key interest rates equips the regulatorโฆ
Published on October 16, 2025
By Iris Barker
Business & Finance
FT names leading contenders for majority stake in Starbucks’ China business
According to the Financial Times, investment firms Carlyle Group and Boyu Capital are the top candidates for a majority ownership of Starbucks Corp.'s operations in China.
Published on October 16, 2025
By Iris Barker
Economics
Global lead and zinc production will exceed demand in 2025-2026
Forecast from the International Lead and Zinc Study Group indicate that the global output of lead and zinc will surpass demand in 2025 and 2026.
Published on October 15, 2025
By Iris Barker
World & Politics
European Commission is examining Turkey and South Korea’s requests to participate in the EU defense program
The European Commission (EC) is reviewing the requests from Turkey and South Korea to join the European Security Action for Europe (SAFE) common defense investment program, but no decisions haveโฆ
Published on October 15, 2025
By Iris Barker
Economics
Fund managers surveyed by BofA see a bubble in the AI sector
Approximately 54% of fund managers polled by Bank of America think that technology shares are overvalued, according to Bloomberg. The agency observes that this is the highest percentage of respondentsโฆ
Published on October 14, 2025
By Iris Barker
Business & Finance
British watchdogs suspend Revolut’s full banking license
UK regulators have revoked the complete banking license of fintech firm Revolut, pointing to worries about the swift expansion of its global activities and the related dangers, according to theโฆ
Published on October 14, 2025
By Iris Barker
Business & Finance
Baker Hughes estimates $100 million in negative impact of trade tariffs this year
Baker Hughes Co., a US oilfield services firm, forecasts that this year the adverse effects of trade tariffs on the company will surpass $100 million.
Published on October 13, 2025
By Iris Barker
Science & Technology
OpenAI to launch producing its own AI chips in partnership with Broadcom
OpenAI is set to collaborate with Broadcom Inc. to manufacture its own AI chips.
Published on October 13, 2025
By Iris Barker
Business & Finance
Morgan Stanley to lift restrictions on cryptocurrency investments for clients
Morgan Stanley is broadening the availability of cryptocurrency investments for every client and will permit such investments for all account categories, including retirement accounts, according to CNBC.
Published on October 13, 2025
By Iris Barker
World & Politics
EU begins implementing new border control system
The European Commission (EC) has announced that EU Member States will start implementing the new Entry/Exit System (EES) for border control at their external borders on Sunday.
Published on October 13, 2025
By Iris Barker
Business & Finance
Demand for LG Electronics India IPO shares is 54 times oversubscribed
The IPO of LG Electronics India concluded on Thursday, with demand surpassing supply by over 54 times.
Published on October 9, 2025
By Iris Barker
Science & Technology
OpenAI to offer access to the lowest-cost ChatGPT plan in 16 more Asian countries
OpenAI has broadened availability of the least expensive plan for the ChatGPT in 16 additional Asian nations, Nick Turley, the vice president of ChatGPT at OpenAI, disclosed on social media.
Published on October 9, 2025
By Iris Barker
Business & Finance
Ford could lose up to $1 billion in profits due to aluminum plant fire
A blaze at a New York aluminum plant, likely to suspend production of Ford Motor's F-150 trucks for months, could lead to potential profit losses of up to $1 billionโฆ
Published on October 9, 2025
By Iris Barker
World & Politics
Israel and Hamas agree to the first phase of the Gaza peace agreement
US President Donald Trump announced that the Israeli government and the Palestinian group Hamas have reached an agreement on the initial phase of the plan proposed by the US toโฆ
Published on October 9, 2025
By Iris Barker
World & Politics
The European Commission proposes to strengthen safeguard measures in the steel industry
The European Commission (EC) proposed a plan to protect the EU steel industry from the unfair impact of global overcapacity.
Published on October 8, 2025
By Iris Barker
Science & Technology
Renewable energy for the first time overtakes coal in electricity generation
In the early months of 2025, for the first time ever, electricity production from renewable sources, such as solar and wind energy facilities, surpassed that from coal-fired power generation, accordingโฆ
Published on October 8, 2025
By Iris Barker
Economics
Sweden becomes the most popular IPO destination in Europe
Sweden is the leading venue for initial public offerings in Europe for 2025, as reported by Bloomberg.
Published on October 6, 2025
By Iris Barker
Economics
Goldman Sachs raises copper price forecast to $10,500 per ton in 2026
Goldman Sachs analysts have increased their copper price prediction for next year to $10,500 per ton from a prior forecast of $10,000 per ton, according to The Wall Street Journal.
Published on October 6, 2025
By Iris Barker
World & Politics
European Commission will use Ukraine’s experience in its “drone wall” project
The European Commission (EC) seeks to utilize Ukraine's expertise in combating UAVs, and its representatives are taking part in talks regarding the EU's "drone wall," stated EC spokesperson Thomas Regnier.
Published on October 2, 2025
By Iris Barker
Business & Finance
PAI Partners raises โฌ3.6 billion in capital for its ice cream joint venture with Nestlรฉ
The European private equity firm PAI Partners has secured โฌ3.6 billion in funding for its collaboration with the Swiss ice cream producer Nestlรฉ, known as Froneri.
Published on October 2, 2025
By Iris Barker
Business & Finance
Bain Capital interested in buying Costa Coffee
Bain Capital, an investment firm, has placed a bid for Costa Coffee, which Coca-Cola Co. is selling for an estimated ยฃ2 billion ($2.7 billion), according to reports from the Financialโฆ
Published on October 1, 2025
By Iris Barker
Business & Finance
Walmart to eliminate synthetic colors from own brands
Walmart Inc., the biggest retailer in the U.S., revealed plans to remove synthetic colors from its private-label products by January 2027.
Published on October 1, 2025
By Iris Barker
Business & Finance
Investment company Permira to sell Neuraxpharm for โฌ3-4 billion
Investment firm Permira is considering the option of selling its pharmaceutical business Neuraxpharm. According to Bloomberg, informed sources indicate the deal's value might range from โฌ3 billion to โฌ4 billion.
Published on September 30, 2025
By Iris Barker
World & Politics
US state agencies instructed to begin shutdown procedures
According to US media reports, the White House Office of Management and Budget (OMB) has directed federal government agencies to start executing procedures for a temporary shutdown due to insufficientโฆ
Published on September 30, 2025
By Iris Barker
Business & Finance
Huawei to double production of its most advanced AI chips in 2026
Huawei Technologies in China intends to nearly double the output of its top-tier 910C Ascend AI chips next year compared to this year, reaching an estimated 600,000, according to Bloomberg,โฆ
Published on September 30, 2025
By Iris Barker
Economics
ECB Chief Economist sees Eurozone inflation outlook favorable
Philip Lane, Chief Economist of the European Central Bank (ECB), states that the chances of a major acceleration or deceleration of inflation in the Eurozone are low. He issued thisโฆ
Published on September 30, 2025
By Iris Barker
Economics
Foreign investors bought US stocks at a record pace in Q2
Bloomberg reports, referencing Federal Reserve data, that foreign investors made unprecedented US stock acquisitions in the second quarter of 2025, even amid escalating tariff conflicts.
Published on September 29, 2025
By Iris Barker
Business & Finance
Meta will allow UK users to pay to opt out of ads on Facebook and Instagram
The American firm Meta will provide UK users of Facebook and Instagram the choice to pay to avoid ads on these platforms in the upcoming weeks, the company revealed.
Published on September 29, 2025
By Iris Barker
Business & Finance
Oracle plans to issue $15 billion in bonds
Oracle Corp., based in the US, intends to offer $15 billion in investment-grade bonds in the US, according to Bloomberg, which cites sources.
Published on September 25, 2025
By Iris Barker
Economics
China’s Commerce Minister accuses the United States of hindering global trade
Chinese Commerce Minister Wang Wentao stated that the United States' imposition of unilateral tariffs to exert pressure on other nations obstructs the advancement of the multilateral trading system and theโฆ
Published on September 25, 2025
By Iris Barker
Business & Finance
Chery to hold Hong Kong IPO at upper end of price range
Chery Automobile intends to sell shares in its initial public offering on the Hong Kong Stock Exchange at the higher end of its previously stated price range of HK$30.75 ($3.96),โฆ
Published on September 23, 2025
By Iris Barker
Economics
European Commission plans to end purchases of Russian LNG by the end of 2026
The European Commission (EC) plans to eliminate liquefied natural gas (LNG) imports from Russia by the close of 2026, a year sooner than initially scheduled, according to Politico.
Published on September 23, 2025
By Iris Barker
Business & Finance
Trump to approve TikTok deal this week, Oracle to retrain its algorithm
In connection with the imminent sale of the social media platform TikTok to a group of American investors, American Oracle Corp. will redesign its algorithm and guarantee its safe functioningโฆ
Published on September 22, 2025
By Iris Barker
Business & Finance
Apple asks suppliers to increase production of base iPhone 17 models
Apple Inc., based in the US, has requested that at least two suppliers boost production of the standard model of the new iPhone 17 by 30% or more due toโฆ
Published on September 22, 2025
By Iris Barker
World & Politics
Netanyahu promises to prevent creation of a state following recognition of Palestine by several nations
Israeli media reported on Sunday that Israel voiced its displeasure regarding the choice of multiple nations to acknowledge a Palestinian state.
Published on September 22, 2025
By Iris Barker
Business & Finance
Nvidia may invest $500 million in British startup Wayve
Nvidia Corp. is considering a $500 million investment in British startup Wayve, which creates systems for autonomous driving.
Published on September 22, 2025
By Iris Barker
Science & Technology
Meta unveils AI glasses with display, launches on September 30
During its yearly developer conference, the American firm Meta presented new smart glasses featuring a display integrated into the lens.
Published on September 18, 2025
By Iris Barker
Business & Finance
Hyundai Motor expects revenue growth of 5-6% in 2025
Hyundai Motor Co., South Korea's biggest car manufacturer, aims for a revenue increase of 5-6% in 2025, reflecting a rise of 2 percentage points from its earlier projection this year.
Published on September 18, 2025
By Iris Barker
Business & Finance
Nokia to create AI and corporate development departments
Finnish telecom equipment maker Nokia will create two new teams to enhance its technological innovation abilities and better facilitate its business growth.
Published on September 18, 2025
By Iris Barker
Business & Finance
ADNOC-led consortium abandons $18.7 billion Santos bid
A group of purchasers spearheaded by Abu Dhabi National Oil Co. (ADNOC) has pulled its $18.7 billion offer for Australian gas firm Santos following several months of investigation.
Published on September 18, 2025
By Iris Barker
World & Politics
Israeli military report approximately 400,000 people leaving Gaza
According to the IDF estimates, around 400,000 individuals have departed the city since the Israeli military declared plans for a ground operation in Gaza and urged for evacuations, reports Theโฆ
Published on September 17, 2025
By Iris Barker
World & Politics
UN plans to cut 2026 budget by $500 million
UN Secretary-General Antonio Guterres suggested reducing the UN budget for 2026 by 15% by 2025 in a communication to the member states, as reported by the UN press service.
Published on September 17, 2025
By Iris Barker
World & Politics
US to press G7 countries to raise tariffs on India and China
The Financial Times reported that Washington plans to exert pressure on the G7 nations to encourage them to increase tariffs on imports from China and India that purchase Russian oil.
Published on September 11, 2025
By Iris Barker
Business & Finance
Lufthansa to increase stake in Italian ITA to 90% by June 2026
Deutsche Lufthansa aims to raise its ownership in ITA Airways (previously Alitalia) to 90% by June 2026 and is in talks with the Italian Ministry of Economy, reports Corriere dellaโฆ
Published on September 11, 2025
By Iris Barker
Economics
International tourism grows by 5% in the first half of 2025
Nearly 690 million travelers took international journeys in the first half of 2025, representing an increase of about 5%, or 33 million more than the previous year, as reported byโฆ
Published on September 10, 2025
By Iris Barker