Wednesday, August 12, 2026
Economy
EU hits Oreo maker Mondelez with 337.5 mn euro antitrust fine
Brussels (Belgium) (AFP) - The EU on Thursday slapped a 337. 5 million euro ($366 million) fine on Mondelez, the...
Yellen urges ‘more ambitious’ G7 plans for Russian assets
Stresa (Italy) (AFP) - US Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to consider "more...
S. Korea president announces record $19 bn plan to boost chip industry
Seoul (AFP) - South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country's...
What are the costs behind Trump’s economic proposals?
Washington (AFP) - Republican former president Donald Trump once dubbed himself a "Tariff Man" seeking to boost government coffers. As...
Russian assets plan for aiding Ukraine to dominate G7 meet
Stresa (Italy) (AFP) - G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to...
S. Korea president announces record $19 bn plan to boost chip industry
Seoul (AFP) - South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country's...
Argentine economic activity plunges amid austerity drive
Buenos Aires (AFP) - Argentina's economic activity continued to plummet in March, with the construction and manufacturing industries leading the...
US Fed’s rate meeting minutes show growing inflation concerns
Washington (AFP) - A strong US economy and an uptick in inflation led the Federal Reserve's rate-setting committee to conclude...
World Economic Forum founder Schwab to retire from leadership role
Geneva (AFP) - Klaus Schwab, the founder and for decades the face of the World Economic Forum, will step away...
US existing home sales slip in April on still high mortgage rates
Washington (AFP) - Existing home sales in the United States crept lower in April as mortgage rates remained elevated, industry...
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