Monday, July 27, 2026
Economy
US Fed official says ‘prepared to act’ to curb inflation
Washington (United States) (AFP) - A key US central bank official expressed her readiness Wednesday to take action against inflation...
Canada central bank holds key rate steady, says economy improving
Toronto (Canada) (AFP) - Canada's central bank held its key lending rate at 2. 25 percent on Wednesday, citing signs...
German leader not opposed to Chinese taking over car plants
Berlin (AFP) - Chancellor Friedrich Merz signalled Wednesday he was not opposed to Chinese carmakers taking over struggling German auto...
US renews blockade, trades strikes with Iran over Hormuz strait
Tehran (AFP) - US forces struck Iran and reimposed a naval blockade on its ports as Tehran hit Washington's Gulf...
Australian PM says to enact laws to govern AI
Sydney (AFP) - Australia will enact laws to regulate how artificial intelligence data centres use power and water, and to...
China’s economic growth hits slowest pace in more than three years
Beijing (AFP) - China's economy grew at its weakest pace in more than three years during the second quarter, data...
Ticking time bomb? Europe’s ageing population brings challenges
Brussels (Belgium) (AFP) - The population of the 27-nation European Union will peak in 2029 before falling in the coming...
Volkswagen confirms weighing up to 50,000 more job cuts
Frankfurt (Germany) (AFP) - Volkswagen's CEO told employees Monday a further 50,000 jobs could go at the struggling auto giant,...
Nigeria oil output hits six-year high, above OPEC target
Abuja (AFP) - Nigeria's crude production reached a 74-month high last month, authorities said over the weekend, hitting an average...
Volkswagen sales slide further as carmaker weighs mass job cuts
Frankfurt (Germany) (AFP) - Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the...
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