State-Backed Renewable Energy Giant Raises Nearly $2 Billion in Landmark Hong Kong Listing China Resources New Energy, a subsidiary of state-owned conglomerate China Resources Group, is set to make its trading debut on the Hong Kong Stock Exchange on July 2 after completing what has become Asia’s largest initial public offering (IPO) of 2026. The […]
President Pushes for $2.50-Per-Gallon Target as Fuel Costs Remain Political Issue U.S. President Donald Trump has called on gasoline retailers across the country to immediately lower fuel prices, warning that businesses could face “big problems” if they fail to do so. In a post on his Truth Social platform, Trump said gasoline retailers should begin […]
Consumer Trust Remains Fragile Following Largest Recall in Company’s History Swiss food giant Nestlé has acknowledged that some parents may never return to purchasing its infant formula products following a massive global recall that shook consumer confidence and disrupted the company’s nutrition business. The admission comes months after Nestlé initiated a voluntary recall of several […]
China has appointed veteran aerospace executive and politician Cheng Fubo as the new Communist Party chief of the country’s top state asset regulator, marking another significant leadership change in Beijing’s management of its vast state-owned enterprise (SOE) sector. The appointment was announced on Tuesday by the State-owned Assets Supervision and Administration Commission (SASAC), the powerful […]
Washington Signals Major Shift in North American Trade Relations The administration of U.S. President Donald Trump is expected to formally declare that it will not extend the United States-Mexico-Canada Agreement (USMCA), setting in motion a decade-long countdown that could ultimately lead to the expiration of one of the world’s largest free trade agreements by July […]
Germany’s Far-Right Leader Calls for Renewed Energy Partnership with Moscow Germany should restore its economic and energy ties with Russia to revive its struggling economy, according to Alternative for Germany (AfD) co-leader and chancellor hopeful Alice Weidel, who has made improving relations with Moscow a central pillar of her political agenda. In an interview published […]
A political dispute between Czech President Petr Pavel and Prime Minister Andrej Babiš has intensified ahead of next week’s NATO summit in Ankara, exposing deep divisions within the country’s leadership over foreign policy and defence spending. The Czech government agreed on Monday to allow President Pavel to attend the July 7-8 NATO summit after pressure […]
The White House has confirmed that U.S. special envoy Steve Witkoff and President Donald Trump’s senior adviser and son-in-law, Jared Kushner, will travel to Doha, Qatar, for a new round of talks with Iranian officials, marking the latest effort to stabilize a fragile ceasefire and prevent a wider conflict in the Middle East. The meeting, […]
The United States and Iran have agreed to halt recent military attacks and return to diplomatic negotiations, offering renewed hope that a fragile peace deal in the Gulf can be preserved after several days of escalating violence. According to a U.S. official, both sides have agreed to “stand down for now” and continue technical discussions […]
Labour leadership frontrunner Andy Burnham is set to unveil an ambitious plan to dramatically shift political and economic power away from London and into Britain’s regions, as he positions himself to become the country’s next prime minister following the resignation announcement of Prime Minister Keir Starmer. Burnham, the former mayor of Manchester and now a […]