News in brief
Ghana has taken another step toward overhauling its mining sector after the government approved amendments to the country's mining legislation for submission to Parliament, aiming to strengthen regulatory oversight, improve community involvement and combat illegal mining. The proposed reforms form......
The International Monetary Fund (IMF) has warned that global energy markets are becoming increasingly vulnerable as the safety buffers that helped absorb the initial impact of recent geopolitical tensions continue to shrink. In its latest assessment, the IMF noted that surplus production capacity, weaker......
Burberry shareholders have approved a revised executive compensation framework that could substantially increase the long-term earnings of Chief Executive Officer Joshua Schulman if the company achieves ambitious financial and share price performance targets. The decision, endorsed during the British......
Spain has experienced its hottest start to summer since national weather records began in 1961, following two intense heatwaves that pushed temperatures well above seasonal averages, according to the Spanish State Meteorological Agency (AEMET). Meteorological officials reported that nearly every day......
Lithuanian and Latvian leaders have issued a renewed warning over what they describe as an increasing risk of Russian-sponsored sabotage against critical infrastructure in the Baltic region and Poland, citing intelligence assessments shared among NATO allies. The statements underscore growing security......
New Zealand has confirmed its first detection of the H5 strain of avian influenza after the virus was identified in a migratory seabird found along the coast near Wellington, marking a significant development for the country's biosecurity system. The announcement was made by New Zealand authorities,......
Latvia's national airline airBaltic is seeking short-term financing from its bondholders as it works to stabilize its finances and reduce the risk of default, according to a company notice reviewed by Reuters. The state-controlled carrier has called a meeting of bondholders for August 3 to discuss......
Trafigura has withdrawn from plans to develop a major cross-border electricity transmission project that would have exported surplus hydropower from Angola to mining operations in the Democratic Republic of the Congo and Zambia, according to sources familiar with the matter. The proposed project envisioned......
Republicans in the U.S. House of Representatives have introduced a $95 billion budget framework that would boost defense and intelligence spending while allocating funding to support the implementation of parts of former President Donald Trump's election integrity agenda. The proposal, released......
Cuba has restored its national electricity grid after experiencing its third complete nationwide blackout in less than 10 days, highlighting the persistent challenges facing the island's fragile energy infrastructure. The latest outage left millions of residents without electricity after a disruption......
The United Nations has warned that Sudan's humanitarian crisis is deepening as cholera continues to spread while violence, including an increasing number of drone attacks, places additional pressure on civilians and aid operations. According to the UN Office for the Coordination of Humanitarian......
The land border between Gibraltar and Spain entered a new era on Wednesday as customs checks were officially abolished, marking the implementation of a landmark free movement agreement between the European Union and the United Kingdom. The change, which took effect at midnight, allows people and vehicles......
ICICI Lombard General Insurance posted a sharp decline in first-quarter earnings as higher claims payouts and increased commission expenses weighed on the company's profitability despite continued activity in India's insurance market. The insurer reported that profit after tax for the quarter......
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