OPEC+ Nations Ratify August Oil Quota Hike as Gulf Flows Rebound
Seven OPEC+ nations ratified an oil production quota hike of 188,000 bpd for August 2026, driven by the Strait of Hormuz reopening and recovering Gulf flows.
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Visa forecasts 2.4% global economy growth, driven by AI and digital commerce
Visa’s 2026 Midyear Global Economic Outlook projects 2.4% global economy growth, fueled by AI-driven business investments and a surge in digital commerce.
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Global Oil Market Shifts from Scarcity to Glut as Prices Tumble
A stunning reversal in the global oil market has rekindled fears of a global glut, with prices tumbling as supply rises and demand forecasts fall in mid-2026.
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Brexit student fees set to soar for British teens in EU
British teens living in the EU will face significantly higher international tuition fees for UK universities from 2028 due to new Brexit student fees rules,…
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Natwest CEO Paul Thwaite becomes latest victim in AI social media scam
Natwest CEO Paul Thwaite has been targeted by an AI social media scam, highlighting a worrying trend of deepfake fraud in the UK financial sector.
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London’s financial dominance grows, but domestic economy stalls
London’s financial sector cements global dominance a decade after Brexit, outpacing European rivals, but new data shows domestic growth is struggling.
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Volkswagen Group reportedly weighs cutting up to 100,000 jobs globally
The German automotive industry crisis deepens as Volkswagen weighs 100,000 job cuts. Explore data on production declines, China market erosion, and energy co…
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OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
OpenAI proposes a 5% stake to the Trump administration to ease political pressure. The $42.6 billion offer aims to share the upside of AI with the public.
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Howard Lutnick lifts export controls on Anthropic’s AI models June 30
The U.S. government and Secretary Howard Lutnick have officially lifted export restrictions on Anthropic’s Claude Fable 5 and Mythos 5 AI models.
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Lisa Nandy warns of intervention in $110 billion Paramount-Warner Bros Discovery merger
British Culture Minister Lisa Nandy is minded to intervene in the Paramount takeover of Warner Bros Discovery citing media plurality concerns for UK audiences.
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China manufacturing output expands to 50.3 in June 2026, driven by AI boom
China factory activity rose to 50.3 in June 2026, beating expectations as global AI demand drove a surge in high-tech exports despite domestic property weakn…
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Office of the U.S. Trade Representative solicits feedback for 2026 African trade review
The USTR is soliciting input on AGOA eligibility for 2026 and program modernization. Stakeholders have until May 2026 to submit modernization comments.
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John Seetoo warns Schwab FNDF payouts face pressure from shifting cash flows
John Seetoo warns Schwab FNDF payouts face pressure from shifting cash flows, oil volatility, and banking sector credit losses. Discover the risks.
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NOAA Confirms 2026 El Niño Arrival as Research Warns of Trillion-Dollar Economic Tail
NOAA confirms the 2026 El Niño has formed. With probability estimates near 100%, research suggests the economic impact could reach trillions over five years.
