Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals, is taking on a rare operational role in a new artificial intelligence start-up that he will jointly lead as co-chief executive. The company, called Project Prometheus, emerges with a formidable $6.2 billion in funding, reported the New…
Expectations are rising for a significant increase in US natural gas demand over the next few years. This anticipated surge is primarily fueled by two factors: expanding LNG export capacity and greater consumption from the power sector, driven by continued investment in data centers, according to an ING Group report.The US…
Japan’s economy shrank at a slower pace than anticipated in the third quarter of 2025, supported by resilient domestic consumption even as exports weakened under the weight of US tariffs and cooling global demand. Updated government data released for the quarter ended September showed the economy contracted 0.4% from the…
The start of the week brought a diverse set of developments across aviation, politics, markets and cryptocurrencies. The Federal Aviation Administration’s decision to end emergency flight restrictions, President Donald Trump’s call for the release of Epstein files, major portfolio shifts by investor Peter Thiel, and Bitcoin briefly losing all its…
Indian agricultural exporters are experiencing a significant boost following the decision by US President Donald Trump to exempt numerous food items from his ‘reciprocal tariffs’ regime. This policy change has been widely viewed by market analysts as a potential catalyst for revitalising lost market demand for Indian agricultural produce in the…
France has attracted €30.4 billion in investment across 150 projects, even as political paralysis and budget disputes cast uncertainty over its fiscal future. Reuters reports that the finance ministry confirmed €9.2 billion in new corporate pledges on Monday ahead of the “Choose France” summit, a government-led initiative designed to showcase…
China’s escalating response to Japan’s recent remarks on Taiwan has taken a sharp turn toward economic retaliation, with potential consequences spanning from tourism and trade to military tensions.As state media hints at sanctions and Beijing activates diplomatic levers, Japan faces its first serious foreign policy test under Prime Minister Sanae…
In the past couple years, the US market was mostly guided by the story of AI, chips and data centers. The thrill of giving money to the so-called “hyperscalers” that would then invest heavily in AI infrastructure investments would get any investor hyped up.But we are now discovering that building…
Germany has launched a renewed push to stabilise trade relations with China as Finance Minister Lars Klingbeil arrives in Beijing. His visit comes at a critical point for Europe’s largest economy, which is grappling with escalating export restrictions from China, especially on rare earth elements essential to its manufacturing base.With…
L’Oreal has moved to strengthen its foothold in China’s fiercely competitive beauty market by taking a minority stake in mass-market skincare brand Lan, marking the French cosmetics group’s second investment in the country in recent months. The deal underscores a strategic pivot toward partnering with domestic leaders as global brands…