Global Economy

Alo Yoga primed for public offering or sale after owner's sale of wholesale T-shirt business

Officials and industrialists agreed on new sizes of payment for negative environmental impact, with rates set to rise smoothly and double by 2030 compared to 2025 levels. As a result of joint analysis with officials, business secured changes for the energy, black metallurgy and water utilities sectors, freezing their rates and allowing future growth only in line with expected inflation, with the freed funds to be directed toward environmental modernization, according to the Ministry of Natural R

Vancouver nightlife is benefiting from the World Cup, with records being broken in some cases.

AirAsia has fallen behind on supplier payments and requested deferrals on at least a dozen aircraft amid financial strain from higher fuel prices, sources said.

Alphabet is set to replace Verizon in the Dow Jones Industrial Average, effective prior to the opening of trading on Monday, June 29, 2026.

China is choking shipments of some critical minerals to Japan, a slowdown that’s hurting companies and prompting calls for Prime Minister Sanae Takaichi to find a diplomatic off-ramp with Beijing

Silver has now lost half its value since hitting an all-time high in January.

Hollywood superagent Ari Emanuel is in advanced talks to acquire theater group ATGEntertainment for £4.5 billion ($5.9 billion), the Financial Times reported.

Cerebras delivers its first earnings report, and its stock is sinking.

Brazil's antitrust agency has approved the merger between Subsea7 and Saipem without restrictions.

Mexico will formally propose a 16-year extension of the United States-Mexico-Canada Agreement (USMCA) at a virtual trilateral meeting on July 1, with President Claudia Sheinbaum set to sign the request, Economy Minister Marcelo Ebrard said.

Itau will require workers to come to the office more days a week with plans to modernize and expand its locations.

Nornickel has cut its estimate of the global nickel surplus tenfold, projecting 20,000 tons for 2026 versus the previously expected 200,000 tons. The company says Indonesia's supply reduction measures are starting to affect the market.

Russians are starting to stand in long lines at banks to withdraw cash as power outages and supply disruptions accelerate the country's economic decline.

The Nigerian Securities and Exchange Commission has ordered a halt to marketing activities for the Dangote refinery initial public offering.

SpaceX reveals pricing details for what may be one of the year's biggest debt deals

The insurance industry is set to face significant claims for ships damaged during the Iran war, according to Allianz.

The fourth China International Supply Chain Expo opened this week in Beijing, featuring its first-ever AI zone with companies including Nvidia, Intel and Alibaba, alongside displays of robots, processors and AI-powered consumer products.

A selloff in global tech stocks has intensified, leaving investors worried about higher interest rates and stretched valuations.

S&P 500 futures tick higher as traders look to recover from a tech-led sell-off.

MSCI Inc. states the South Korean won is not deliverable offshore, according to Reuters.

Alphabet's stock is set to join the Dow Jones Industrial Average, while a telecom company is being removed from the index.

A bruising selloff in several technology giants has triggered fresh concern that the AI frenzy may be overblown.

The Bank of Canada’s governor returned to Paris for the second time in as many months to warn about the risks posed by widening global imbalances in the economy.

The 57th Algiers International Fair opened in Algiers, featuring a record 781 exhibitors from 36 countries and highlighting Algeria's economic dynamism.

The Irish government announced it will allocate 377 million euros from the Shared Island Fund for the 2027-2030 period to 12 new projects aimed at strengthening cross-border cooperation and infrastructure across the island of Ireland. The largest allocation, 193 million euros, will support rail infrastructure linking Derry, Belfast and Dublin.

A closely watched chipmaker index falls about 8% and the Nasdaq 100 drops 3.3% as concerns about frothy valuations grip traders, Bloomberg reports.

Ecuador has formally begun its withdrawal from the Unified System for Regional Compensation (SUCRE), a regional payment mechanism created by ALBA-TCP countries to facilitate trade without using the U.S. dollar, following an executive decree by President Daniel Noboa after the National Assembly approved the withdrawal on June 9.

Lebanon's private sector launched the Lebanese-Syrian Business Council on Tuesday to boost economic cooperation with Syria, according to a statement from the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon. Economy and Trade Minister Amer Bisat said the council will institutionalize Lebanese-Syrian economic relations and strengthen trade, transport, and transit links.

Cerebras reported Q1 revenue rose 94% year-over-year to $193.4 million, while its net loss decreased 41% to $14 million. The company forecast a shrinking core gross margin for Q2, and its shares fell more than 8% in after-hours trading.