Business

Venezuela Earthquake Damage Put at US$19.6 Billion

The World Bank has estimated that direct physical damage from the twin earthquakes that struck Venezuela on June 24, 2026, totals approximately US$19.6 billion, a figure representing about 18% of the country's gross domestic product. The…

Bain and LY Are Said to Mull Higher Bid for Kakaku, Rivaling EQT

Bain Capital and LY Corp. are considering making a fresh joint offer for Japanese online marketplace Kakaku.com Inc., people familiar with the matter said, marking an escalation in the bidding war with private equity firm EQT AB.

Vietnam Weighs Limiting Social Media Use for Children Under 16

Vietnam may ban children under 16 years old from posting, commenting or reacting to posts on social media as the country looks to join other governments tightening online protections for minors.

Brazil Voepass Crash Report Reveals De-Icing Dispute

Brazil's Cenipa released its final report on the 2024 Voepass Flight 2283 crash near Vinhedo, Sao Paulo. Coverage has drawn conflicting conclusions over the crew's use of the de-icing system, while agreeing on a degraded safety culture at…

Khazanah Is Said to Sell $340 Million Tenaga Stake in Placement

Malaysian sovereign wealth fund Khazanah Nasional Bhd. has sold 1.39 billion ringgit ($340 million) worth of shares in state-owned power firm Tenaga Nasional Bhd., according to people with knowledge of the matter.

Colombian City Barranquilla Issues $350M in Sustainable Bonds

The Colombian Caribbean city of Barranquilla made history on July 23, 2026, by becoming the first municipality in the country to place sustainable bonds directly in international capital markets, securing US$350 million. The post Colombian…

Chinese Banks Break With Lending Benchmark in Pricing New Credit

Three of the biggest Chinese banks experimented with anchoring new loans to interbank rates, a step toward a new pricing mechanism that could better reflect supply and demand for money in the market.

Malaysia May Again Host Formula One Racing as Iran War Puts Bahrain in Doubt

Malaysia could host a Formula One race for the first time in nine years, potentially replacing the Bahrain Grand Prix as the Middle East conflict drags on, according to the country’s Youth and Sports Minister Mohammed Taufiq Johari.

FULL LIST: Trump’s tariffs on Nigeria, 59 other countries over forced labour claims

The US imposes new Trump tariffs on Nigeria and 59 other nations due to forced labour claims. Get the full list of affected countries and tariff rates. Read More…

Wise tumbles after US declines national trust bank application

Rosatom to continue localizing nuclear fuel fabrication technologies in China

Rosatom CEO Alexey Likhachev recalled that Rosatom is currently supplying equipment and software codes for China's CFR-600 fast sodium-cooled reactor and is preparing for its joint operation

Embraer Lands 30-Jet Order at Farnborough Airshow

Brazilian aerospace champion Embraer announced 30 firm regional-jet orders at the 2026 Farnborough International Airshow, with deals from Abra Group, Spain's Binter Canarias, Luxembourg's Luxair, and Japan's Fuji Dream Airlines. The post…