The announcement of British Steel's deal to supply rail for Turkey's Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the UK. The eight-figure contract with ERG International Group is a commercial win, but it has also prompted a broader conversation about what it would mean to lose the capability that produced it.
British Steel, at...
India's crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports fell by more than 17%, declining from $40 billion to $33.1 billion in the same period.
December 2025 import data shows successful diversification in practice. Although...
Just hours after the government announced its latest budget, two major US banks revealed significant UK expansion plans. The developments are expected to strengthen...
The framework for providing vehicles to disabled drivers through Motability is experiencing fundamental transformation. The scheme will eliminate luxury car brands while setting an...
China’s elimination of extreme poverty over three decades remains a groundbreaking accomplishment. Through targeted interventions, poverty rates fell to zero by 2019.
The United States...
The United States may delay implementing semiconductor tariffs long promoted by Donald Trump as advisers warn of potential disruptions to delicate US-China relations.
Sources say...
Business Secretary Peter Kyle's backing for electric arc furnaces (EAFs) at British Steel "raise doubts about the fate of blast furnaces that employ thousands...
Raphael W. Bostic, the trailblazing head of the Atlanta Fed, has announced his retirement. Bostic, who was the first African American and openly gay...
SoftBank has sold its $5.8 billion Nvidia stake to double down on OpenAI, intensifying debate over whether the AI market is becoming overheated. The...
Google has achieved a significant strategic victory, embedding its 1.2 trillion parameter Gemini AI deep within its rival's ecosystem. A $1 billion-per-year deal will...
China's oil sourcing strategy is in flux as new Western sanctions disrupt its massive trade with Russia. Both state-owned and private refiners are shunning...
Amazon's third-quarter financials triggered a 9% spike in its stock, as the company reported numbers that left Wall Street estimates in the dust. The...
