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The Latest Breaking News from Economy

AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says

As countries ‌and companies race ⁠to secure ⁠AI's economic benefits, investment in data centres, energy infrastructure and digital networks is surging worldwide.

The Economic Times

India's clean energy growth like Tendulkar, Vaibhav Sooryavanshi rolled into one: UN climate chief

India possesses strong competitive advantages in the global clean energy race. The nation's tech-savvy workforce and renewable energy growth are significant assets. India's solar installed capacity has surged dramatically, making it a solar superpower. This growth has boosted the economy and saved billions in fossil fuel purchases. India can become…

The Economic Times

John Healey is the UK’s chancellor: what Burnham’s surprise pick says about his style of government

The UK’s new prime minister, Andy Burnham, has appointed John Healey as chancellor of the exchequer. His pick to fill the UK’s top economic post was something of a surprise: if we were to believe the speculation, the choice was between a minister with strong views on the economy –…

The Conversation

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read the most diverse news in one place.

Two in five Americans believe stock market only serves the top 1%

Exclusive Harris poll for Guardian reveals Americans’ assumptions about stock market and wider economy

The Guardian - US

Gen Z is living in an intimacy economy, where connection is commodified

My generation is struggling to find safety in our human relationships. AI companionship is filling the gap

The Guardian - US

Bengal CM blames previous TMC govt for loss of Europe air links, mounting debt on state's economy

West Bengal's Chief Minister blamed the prior administration for lost air connectivity and state debt. His government plans to rejuvenate transport infrastructure and introduce a Water Metro service. New electric and CNG buses will be introduced with central government assistance. Metro rail expansion beyond Kolkata is also a key focus…

The Economic Times

E20 may lower mileage by 3-5% in some older vehicles, no widespread engine damage found: Govt

E20 petrol may cause a slight fuel economy reduction in older vehicles. Extensive testing has not found widespread engine damage linked to ethanol blending. Many older vehicles operate on E20 fuel without verified evidence of engine failure. Manufacturers continue to honor warranty obligations for vehicles using compliant E20 fuel. The…

The Economic Times

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Europe heatwave: The thermometer is flashing red for the continent's economy

Europe's heatwave is becoming a growing economic threat as extreme temperatures disrupt transport, reduce labour productivity, damage agriculture and strain power grids. Economists now see the thermometer as a key economic indicator, with climate change driving billions in adaptation costs, slowing growth and reshaping Europe's long-term economic outlook.

The Economic Times

UK borrows less than expected as Healey vows to ‘buffer against uncertainty’

Figure of £16bn from ONS comes after Andy Burnham revealed plans to cut VAT on electricity bills

The Guardian - UK

Trump imposes 50% tariffs on Canadian goods citing disputes over autos

President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.

Euronews

Trump imposes 50% tariffs on Canadian goods from alcohol to hockey sticks over ‘continued discrimination’

Rift between the two countries grows after Trump confronted Mark Carney at Sunday’s FIFA World Cup Final over wildfire smoke drifting south into U.S. cities

The Independent UK

Why a “Made in USA” Grocery Label May Not Mean What Shoppers Assume

Patriotic shoppers often search for groceries proudly displaying a domestic manufacturing label. Buying local food supports regional farmers and strengthens our national agricultural economy during tough times. The federal government recently increased strict enforcement of these specific advertising claims in retail stores. However, the rules governing these labels are incredibly…

Grocery Coupon Guide

Thai team touts AI hub ambitions during China visit

Thailand is stepping up efforts to establish itself as Southeast Asia's artificial intelligence (AI) hub after Prime Minister Anutin Charnvirakul and Digital Economy and Society (DE) Minister Chaichanok Chidchob held high-level talks with China's Huawei Technologies on expanding cooperation in AI infrastructure, next-generation data centres and digital talent development.

Bangkok Post

Andy Burnham vows to ‘bring back hope’ as he unveils his cabinet

New prime minister says government must ‘do better’ to deliver change but promises prudent approach to economy

The Guardian - UK

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The Guardian - UK

‘We need to be careful’: Andy Burnham’s team keenly aware of fiscal tightrope

Chancellor pick and early policies avoid market meltdown but next week remains ‘moment of real peril’

Reason

Britain's New Prime Minister Andy Burnham Promises 'Stronger Public Control' of Stagnating Economy

Britain’s seventh prime minister in a decade inherits weak growth, record-high taxes, and a swelling welfare bill. His proposed cure is an even larger role for the state.

The Economic Times

Punjab farmers to take part in rally against India-US trade deal in Delhi

Farmers from Punjab and other states will rally in Delhi on July 21. They are protesting the proposed India-US trade deal and its potential impact. This agreement could negatively affect farmers and the country's agricultural economy. Farmers demand the Centre abandon the pact and protect common people's interests. They seek…

inkl

Could GTA 6 Inspire the Next Generation of Play-to-Earn Games?

As anticipation for Grand Theft Auto VI (GTA 6) continues to grow, discussions have expanded beyond graphics and gameplay to the game's in-depth economy. Rockstar has spent years refining the systems that keep players invested, from businesses and luxury real estate to vehicles, missions, and casino activities. Unlike many online…

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Euronews

What is Spain's World Cup victory actually worth to the national economy?

Spain's 1-0 victory over Argentina in Sunday's World Cup final brings a record $50 million (€43.7m) cheque from FIFA and, if past champions are any guide, a measurable but fleeting lift for the economy.

Euronews

Emirates unveils ‘game-changing’ headrest across economy class

The U-dream headrest supports your neck and head so you can sleep easier.

TechRadar

Solving the energy conundrum is key to unlocking the UK’s AI economy

Recent evidence shows that energy cost pressures and a power grid capacity crunch risk becoming a bottleneck on the growth of the UK’s digital economy.

Fortune

Agentic commerce is coming—and the battle to build its infrastructure is on

Also: All the news and watercooler chat from Fortune.

Benzinga

Marco Rubio Says US 'Always' Open To Iran Diplomacy, Warns It Won't 'Be Good' For Tehran If Talks Fail: 'Economy is in Shambles'

In the midst of continuous military strikes, Secretary of State Marco Rubio has expressed that the U.S. remains receptive to diplomatic discussions with Iran.

The Independent UK

The Palestinian economy is struggling. In the West Bank, the problem is too much cash

In most places, cash is king

Times Life

Why Sustainable Fashion in India Is Not the Same as the Western Slow Fashion Movement

A language that doesn't quite fitSlow fashion, as a movement, was built to solve a specific Western problem: decades of disposable clothing bought cheaply, worn twice, and landfilled. The guilt was real. So was the corrective vocabulary, capsule wardrobes, ethical consumption, conscious buying. When that language arrived in India, it…

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