The global airline industry is facing a significant setback in its environmental goals, with the International Air Transport Association (IATA) announcing on Tuesday that the sector is expected to fall short of its crucial targets for the adoption of sustainable aviation fuel (SAF) in the immediate years ahead. This disappointing prognosis,…
The European Commission has opened a new investigation into Google, turning its attention to how the company’s artificial intelligence services may affect competition across the digital economy. Regulators in Brussels want to understand whether Google has shaped the AI landscape in ways that make it harder for rivals to compete…
HashKey Holdings Ltd., operator of Hong Kong’s largest licensed cryptocurrency exchange, is seeking to raise as much as HK$1.67 billion ($215 million) through an initial public offering, marking a significant test of the city’s ambitions to position itself as a regional digital-asset hub. According to a filing made on Tuesday,…
Asian markets opened Tuesday to a mix of geopolitical tensions, central bank decisions, and shifting expectations around US monetary policy. From China’s objections to Japan’s recent remarks on Taiwan, to the Reserve Bank of Australia’s decision to leave rates unchanged, and to investor caution ahead of the Federal Reserve’s upcoming…
The outlook for the global soybean market remains supportive for 2026, and much will depend on China’s policy on purchasing US soybeans, with the American biofuel policy also in focus, ING Group said. The soybean market has shown remarkable resilience this year, shrugging off persistent trade tensions between the US and…
Mexico is heading into a decisive week as Congress prepares to vote on President Claudia Sheinbaum’s proposal to impose new tariffs on a wide range of Asian imports. The plan, which targets China in particular, is being reshaped into a policy tool that could redefine Mexico’s global trade posture while…
Ford and Renault are setting up a new production strategy in Europe as competition from Chinese electric carmakers intensifies. Both companies face cost pressures and market shifts that are changing how vehicles are made across the region.Their plan focuses on shared platforms, cheaper development cycles, and flexible output as the…
Germany’s trade data for October offered a brief moment of stability for an economy that has struggled to regain consistent strength, but the figures also highlighted how rising competition from China is reshaping the country’s global position. The latest update from Destatis showed only a slight improvement in exports, yet…
UK households sharply pulled back on spending last month, posting the steepest annual decline in almost five years, as uncertainty around the government’s budget and rising economic concerns prompted consumers to delay Christmas purchases.Barclays reported that card spending fell 1.1% year on year in November, the biggest decline since February…
The global airline industry is facing a significant setback in its environmental goals, with the International Air Transport Association (IATA) announcing on Tuesday that the sector is expected to fall short of its crucial targets for the adoption of sustainable aviation fuel (SAF) in the immediate years ahead. This disappointing prognosis,…