In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set to launch paid, ad-free versions of Facebook and Instagram in the United Kingdom. The decision marks a major strategic victory for the social media giant, which has found…
A red-hot gold market, fueled by surging investment demand, could see its momentum slow despite continued price increases, according to one market analyst. Bernard Dahdah, precious metals analyst at Natixis, cautioned investors in his latest note on gold, referencing the old market adage: “Higher prices cure higher prices,” he was quoted as…
Japanese farm minister Shinjiro Koizumi, a strong contender for the premiership, on Friday dismissed criticism regarding his ministry’s management of a licensing agreement for a coveted grape variety, an issue that has drawn an official protest from producers.The day prior to this announcement, the governor of Yamanashi prefecture, a region…
India’s pharmaceutical stocks were jolted on Friday, when President Donald Trump announced a 100% tariff on imported branded and patented drugs, effective October 1.The move sent shockwaves through global markets, especially hitting Indian pharma stocks hard, given the country’s significant role as a supplier to the US.The tariff, which exempts…
South Africa’s pension industry is confronting a rising challenge as thousands of employers fail to remit worker contributions to retirement funds. A new report from the Financial Sector Conduct Authority (FSCA) shows that arrears climbed 40% to 7.29 billion rand in the 15 months to March 2025. Nearly 600,000 workers…
The US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home.Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday.The idea: curb America’s…
Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources.The move would add Momenta to a growing list of Chinese firms looking…
Malaysia is pushing for tariff exemptions from the United States on a wide range of products, including furniture, automotive, and aerospace goods, as trade officials from both sides work to finalise an agreement before next month. The discussions follow Washington’s recent decision to impose fresh import duties on certain household…
In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR) among them—disrupting operations, exposing customer data, and triggering heavy financial losses. These breaches reveal emerging attack strategies, gaps in corporate defences, and how cyber risk can now ripple…
The current supply situation in the copper market remains fragile amid the current supply situation. Copper prices saw a temporary surge of nearly 5% after the operator of Indonesia’s key Grasberg mine declared force majeure on its contracted supplies earlier this week. The production at the mine had to be halted due…