Business

BP nears deal to sell solar business Lightsource to Kuwait-backed group

Qualitas Energy and investment arm of sovereign wealth fund in advanced talks to purchase renewables business

Study: Argentina’s Minimum Wage Has Lost 40% of Its Value Under Milei

Argentina’s Labour Market Under Pressure Key Facts —Real decline. Argentina’s minimum wage purchasing power fell 39.7% between November 2023 and May 2026, per UBA’s IIEP institute. —Crisis comparison. Current purchasing power sits below…

Costa Rica’s San Jose Airport Is Getting Its First Hotel

Tourism Infrastructure Key Facts —First on-site hotel. The new project will be the first hotel physically integrated at Juan Santamaría Airport (SJO), not merely nearby. —Operator announcement. Airport operator AERIS confirmed the plan, as…

Argentina’s Economy Contracts Again in May, Exposing Uneven Recovery

Argentina’s Fragile Rebound Key Facts —Monthly contraction. Economic activity fell 0.5% in May from April, the second consecutive monthly decline. —Year-on-year growth missed forecasts. The economy grew just 0.2% from May 2025, far below…

Argentina Leads Latin American Charge at Cincinnati Open

Tennis & Regional Power Key Facts —Argentine Dominance. Eight Argentine players entered the singles draws, the most from any Latin American nation. —Cerúndolo Leads. Francisco Cerúndolo, ranked No. 22, entered as Latin America’s top-ranked…

Mexico Draws More Tourists but Spending per Visitor Falls

Tourism Economics Key Facts —Arrivals up, revenue flat. International tourist arrivals rose 5.3% in January–May 2026, but foreign-currency income fell 0.4%. —Average spend drops sharply. Spending per international tourist fell 4.9%…

Profits Are Beating a High Bar and Traders Still Aren’t Enthused

Corporate earnings strong enough to beat the highest expectations in years have failed to impress investors fretting about AI spending and economic growth.

New figures show costs rising for pensioners

They face 4.7% inflation - driven by steep rises in fuel and household service costs, report finds.

Hong Kong’s TDC to open Egypt office as it eyes African, Nordic markets

Hong Kong’s trade promotion body will set up a new office in Egypt within the next nine months to expand its footprint in Africa, while recalibrating resources for Nordic countries through its European bases as traditional markets face…

Centre asks GitHub to block Bitchat, messaging app that works without internet, amid students protest

Nigeria: Benin Airport Runway Closure Disrupts Airline Operations As United Nigeria, Air Peace Suspend Flights

[Premium Times] United Nigeria Airlines joined Air Peace in suspending flights to and from Benin Airport after FAAN closed the runway following Thursday's Enugu Air runway excursion.

Momentum Crash Hits YOLO Traders’ Returns by Most in Four Years

A rapid selloff in the high-flying momentum trade is wrecking the strategy’s staunchest bulls: Retail traders.