Business

Guyana Local Content: TotalTec-aHa Oil Services JV

Guyana Local Content: TotalTec-aHa Oil Services JV

A new joint venture between oilfield services firm TotalTec and Guyanese partner aHa is the latest initiative designed to channel more benefits from the country's offshore oil boom to local businesses and workers, aligning with Guyana's…

Tankers Sail Through Red Sea Despite Houthi Blockade

Tankers Sail Through Red Sea Despite Houthi Blockade

Dozens of ships continued to traverse the Red Sea this week, but with scattered disruption, uncertainty about the passage grows by the hour.

Colombia’s Trump-Endorsed President-Elect Was Once Investigated by U.S. Authorities

Colombia’s Trump-Endorsed President-Elect Was Once Investigated by U.S. Authorities

While living in Miami, Colombia’s president-elect represented accused drug traffickers and money launderers. He himself was investigated by U.S. authorities, though never charged.

Charting the Global Economy: Growth Picks Up, AI Boom Continues

Applications for US unemployment benefits fell last week to an almost 60-year low, adding to signs of a stable labor market that will allow the Federal Reserve to focus on inflation.

Trump is hellbent on tariffs. Here are 5 implications

NPR

Trump is hellbent on tariffs. Here are 5 implications

Trump's determination to find new legal justifications for his tariffs threatens to prolong the uncertainty facing the U.S. and global economies. (Image credit: Tasos Katopodis)

NPR

US Lifts Mexico Cattle Ban After Screwworm Crisis

US Lifts Mexico Cattle Ban After Screwworm Crisis

The United States is set to resume live cattle imports from Mexico in phases, beginning with the reopening of the Douglas, Arizona port of entry on August 24, 2026. The move follows a 15-month suspension triggered by a New World screwworm…

Alicorp Second Quarter Revenue Jumps 10.2%

Alicorp Second Quarter Revenue Jumps 10.2%

Peruvian consumer-goods giant Alicorp posted a 10.2% revenue increase in the second quarter of 2026, driven by its international expansion and domestic brands, and upgraded its full-year earnings forecast. The post Alicorp Second Quarter…

Saudi Arabia-Bound Supertanker U-Turns Before Houthi Chokepoint

A Hong Kong-flagged supertanker bound for Saudi Arabia’s Red Sea port of Yanbu has U-turned just before reaching the Bab el-Mandeb chokepoint, where recent attacks were launched by the Houthis as part of a blockade on ships linked to the…

Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push

Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push

Africa · Eastern Key Facts —Volume accumulated. The Bank of Tanzania bought roughly 28 tonnes of gold over 18 months through mid-2026. —Current valuation. Governor Emmanuel Tutuba values the 27.5-tonne holding at roughly USD 3.8 billion…

Bordeaux Suburbs at Risk as 200,000 Flee Fires in France, Spain

More than 200,000 people fled towns in central Spain and southern France overnight as uncontrolled wildfires moved ever closer to the cities of Madrid and Bordeaux.

Tunisia Blocks Tunisair Sale While Drip-Feeding State Support

Tunisia Blocks Tunisair Sale While Drip-Feeding State Support

Africa · Northern Key Facts —Ownership. The Tunisian state holds 74% of Tunisair and treats it as a strategic public asset. —Debt. The carrier’s debt burden is described as “alarming” by the transport minister, with chronic deficits and…

Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal

CNBC