Business, markets, trade and the economy of everyday life.
Startup pours $20 billion into new facility amid generative AI boom Elon Musk’s artificial intelligence startup xAI is embarking on an ambitious project to cement its position in the surging generative AI market.
Supply tightness meets climate stress Energy markets entered the new year facing renewed volatility as cold weather patterns across parts of Europe and Asia pushed up demand for gas and electricity.
Energy flows shift amid geopolitical change Russia’s pipeline gas exports to Europe plunged by 44 percent in 2025, reaching their lowest level in decades, according to calculations by energy analysts.
Maritime risk without resolution As 2025 draws to a close, global shipping companies remain on alert in the Red Sea, where intermittent attacks…
Manufacturing momentum eases Several major Asian export economies are reporting slower growth as global demand weakens heading into the final weeks of the year.
Market nerves return Global oil prices edged higher as renewed concerns over Middle East supply risks unsettled markets.
Slowing industry and fragile demand Germany’s economy ministry warned that Europe’s largest economy faces a prolonged period of weak growth as export orders continue to soften and domestic investment remains cautious.
A major injection for a flagship project Turkey says Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, a high-profile energy project on Turkey’s Mediterranean coast.
Tech export tensions, global semiconductor stakes China’s Ministry of Commerce publicly criticized planned U.S. tariffs on Chinese semiconductor imports, calling the measures an “indiscriminate use of trade restrictions” that threaten global supply chains and innovation.
Supply chains under strain Global shipping routes are again under pressure as maritime operators reassess Red Sea passages following a string of security alerts reported by multiple shipping advisories.
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