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The Latest Breaking News from Economy

Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-waste

Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering critical minerals and valuable materials from electronic waste. The company aims to scale its recycling operations, focusing on extracting precious and high-value components from end-of-life products. This move supports India's…

The Economic Times

Donald Trump’s popularity is at an all-time low. History says that matters

In his first term of office Donald Trump achieved the lowest average job approval ratings (41%) among Americans since the end of the second world war. In his second term he has fallen well below that with an approval rating of only 35% in a recent Economist/YouGov poll.

The Conversation

GenAI can add $14-17 billion to India's real estate economy: Report

Consultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of innovation' released on Thursday, stated that the adoption of GenAI could increase sales velocity by 30-50 per cent and reduce project costs.

The Economic Times

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Cuban economy needs 'urgent changes' to overcome crisis: president

HAVANA - Cuba's economy needs "urgent changes" to overcome a major crisis intensified by a US oil blockade, President Miguel Diaz-Canel said in a speech to Communist Party leaders broadcast on Thursday.

Bangkok Post

Brexit has cut trade in almost every sector of the UK economy, study warns

Much of the economic cost stems from UK’s departure from the single market – suggesting recent calls for a new customs union with the EU would have little impact

The Independent UK

How the US is still channeling billions of dollars into climate projects despite Trump

IN FOCUS: Investments analysed by The Independent show how climate action – whether in renewables that are cheaper than fossil fuels, or in weather-proofing new infrastructure projects – is now ‘built-in’ to the global economy, regardless of any leader’s political agenda. Nick Ferris reports

The Independent UK

Trump's 'Oligarchic Friends' Gain $210B In a Day: Bernie Sanders Says the Economy Is 'Insanely Rigged'

Senator Bernie Sanders criticises the wealth surge of tech billionaires, highlighting economic struggles faced by American families amid inflation and poverty.

International Business Times UK

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Top civil servant defends TH-AI Passport project

The Ministry of Digital Economy and Society has strongly defended the controversial TH-AI Passport project, rejecting allegations of procurement irregularities, bid-rigging and political favouritism.

Bangkok Post

Bank of England holds main interest rate at 3.75% as Iran war inflation pressures ease

The Bank of England is holding its main interest rate at 3.7% as the inflation pressures on the British economy have become more benign after the U.S. and Iran signed a deal to sign deal to end their war

AAP

Bank of England holds main interest rate at 3.75% as inflation pressures eases

The Independent UK

Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold

The Guardian - UK

Americans are spending $800 just to cool their homes. We are at a breaking point

While the stock market booms for the rich, cost of living is soaring for everyone else

The Guardian - US

Qantas plans a 22-hour London-Sydney nonstop flight, set for October next year

Qantas Airways plans to launch the world’s longest direct flight next year, a service of up to 22 hours nonstop between London and Sydney

The Independent UK

Gig workers are endlessly exploited. AI could make more of us share their fate

As companies integrate AI and hire fewer employees, a shift toward a ‘gig economy’ will commence

The Guardian - US

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The Guardian - UK

Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision

Euronews

Newsletter: Zelenskyy in town for talks with NATO and EU leaders

Also in this newsletter: Former US commander general Ben Hodges reacts to the signing of the US-Iran peace deal, and former French Economy Minister Bruno Le Maire tells Euronews the EU needs to function as a core group of six.

The Economic Times

China seeks to rein in 'unfair' food delivery competition with new rules

China is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns that regulators say harm the economy. "These practices harm the interests of merchants operating on the platforms, delivery drivers and consumers, squeezing the real economy," the SAMR said.

Evening Standard

Makerfield by-election: Could Andy Burnham be Labour's lucky general as he marches on No10?

The economy may pick up, NHS waiting lists fall further and immigration be partly defused as a political issue

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The Economic Times

The onshore gateway to global capital

India's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap. Indian households can now invest in global markets through a regulated route. This offers tax and regulatory advantages. The platform facilitates easy access to international exchanges for retail…

Fortune

Inside Europe's most innovative companies 2026

From semiconductors powering the AI boom to 360-year-old manufacturers adapting to the green economy,  here are the organizations driving the European economy forward.

France 24

Raul Castro backs sweeping Cuba reforms to revive struggling economy

Cuba's former president Raul Castro on Wednesday backed sweeping economic reforms proposed by the government to revive the crisis-hit economy amid a longstanding US embargo. The measures would expand private investment, attract capital from Cubans abroad and reduce the state's role, with lawmakers expected to approve key changes this week.

AAP

Federal Reserve policymakers show support for rate hikes as Warsh reins in guidance

The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank's policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation

Euronews

Fed keeps rates unchanged but signals possible hike this year

The Federal Reserve left interest rates unchanged at its first policy meeting under chair Kevin Warsh, but nearly half of policymakers signalled they could support a rate hike later this year as inflation remains elevated.

Bangkok Post

Government presses ahead with fraught AI plan

The determination of rookie politician Chaichanok Chidchob, Minister of Digital Economy and Society (DES), to push ahead with the TH-AI Passport scheme by granting premium AI access to five million Thais with a budget of 1.6 billion baht has backfired, turning the initiative into a new political flashpoint for the…

Ballotpedia

Federal prosecutors subpoena banks over alleged closure of accounts

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