World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Cites Iran War Risks
The International Monetary Fund has lowered its 2026 global growth projection to 3%, marking the second reduction this year, due to 'uncertainty...
World Business 146 articles
World Business
Mastercard Proposes 50% Payout, Services to Resolve Will Bank Dispute in Brazil
Mastercard has offered Brazilian merchant acquirers half the demanded amount and multi-year fraud protection services to settle the dispute stemming from the...
World Business
OPEC+ Boosts Output, UAE Exit Threatens Cartel’s Future
A select group of OPEC+ nations will raise oil output from August, but the cartel faces an uncertain future following the UAE's...
World Business
Trump Reverts to Sanctions as Iran War Strategies Fizzle
President Trump pivots to intensified economic sanctions against Iran, betting a financial squeeze can end the war after military and diplomatic efforts...
World Business
Aussie-Yen Nears Three-Decade High as Intervention Impact Fades
The Australian dollar is set to climb against the Japanese yen, approaching a three-decade high. Tokyo's intervention impact wanes as RBA's hawkish...
World Business
China’s Exports Dip in July, Advanced Products Drive Underlying Strength
China's exports experienced a slight deceleration in July, yet strong global demand for high-tech electronics and vehicles provided a significant offset, pushing...
World Business
Mexico Deploys Troops as US Halts Avocado Imports Over Security Threat
U.S. suspends avocado inspections in Michoacan due to security concerns, prompting Mexico to send 1,500 additional troops to the region.
World Business
Toyota Doubles Q1 Profit on Weak Yen, Strong US & India Sales
Toyota reported a near doubling of fiscal first-quarter profit to $9.4 billion, driven by robust demand in the U.S. and India and...
World Business
US, Japan Launch Joint Yen Intervention After Currency Hits 40-Year Low
The United States and Japan jointly intervened last week to halt the yen's slide to a 40-year low, marking their first coordinated...