Economy
US industrial conglomerate 3M has raised its full-year profit forecast, citing stronger-than-expected performance in its core industrial activities, ongoing cost-control efforts and pricing strategies that have helped protect margins in a challenging economic environment. The company announced Tuesday......
SNCF has announced a major governance change within its passenger transport subsidiary SNCF Voyageurs, with CEO Christophe Fanichet set to leave his current position as the company introduces a new leadership structure aimed at accelerating strategic transformation. SNCF Chairman and CEO Jean Castex......
The global semiconductor manufacturing equipment industry is heading toward a historic milestone, driven by the rapid expansion of artificial intelligence infrastructure and the growing demand for advanced computing technologies. According to projections from international industry association SEMI,......
Shares in leading UK defence companies climbed on Tuesday after newly appointed Prime Minister Andy Burnham named former Defence Secretary John Healey as the country's new finance minister, fueling investor expectations of sustained military spending. London-listed defence firms outperformed their......
BlackRock, the world's largest asset manager, is preparing to raise more than $12 billion through a major bond offering to help finance the development of a large data center campus in Texas, highlighting the growing flow of investment into infrastructure supporting artificial intelligence and advanced......
A proposed $81 billion merger between Paramount and Warner Bros. Discovery has encountered a major legal obstacle after a US federal court temporarily blocked the companies from moving forward with the deal. The ruling marks a significant challenge for the two major entertainment groups as they seek......
The French government has pledged to reassess its fuel support measures by the end of August as motorists continue to face rising prices at the pump driven by geopolitical tensions in the Middle East. Speaking on Tuesday, Energy Minister and government spokesperson Maud Bregeon acknowledged that fuel......
Brazil is adopting a cautious approach in response to new US tariffs, seeking to defend its economic interests while avoiding a broader trade confrontation that could put additional pressure on businesses and consumers. The United States is expected to introduce an additional 25% tariff on certain Brazilian......
British grocery inflation slowed to its lowest level since December 2024 in July, offering fresh relief to consumers as the country continues to navigate the effects of the cost-of-living crisis. According to Worldpanel by Numerator, like-for-like grocery inflation eased to 2.6% in the four weeks ending......
Morocco has called for stronger trade cooperation among developing countries as global commerce faces growing uncertainty and increasing pressure on the rules-based multilateral trading system. Speaking in Geneva, Omar Zniber, Morocco's Permanent Representative to the United Nations Office and......
The International Monetary Fund (IMF) has identified rising oil prices and the risk of a weak monsoon season as the two biggest threats to India's economic growth in the 2026/27 fiscal year, highlighting growing external and climate-related challenges for the world's fastest-growing major economy. According......
The British pound posted modest gains on Tuesday after John Healey was appointed as the United Kingdom's new finance minister, with investors turning their attention to the government's fiscal strategy under recently appointed Prime Minister Andy Burnham. Sterling rose 0.15% against the U.S.......
South Africa has secured a $1.5 billion loan from the World Bank to finance structural reforms aimed at improving critical infrastructure, reducing economic bottlenecks and supporting long-term job creation, the country's National Treasury announced on Tuesday. The financing will be directed toward......
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