World Business NewsOil prices fall for third day amid US–EU trade tensions
Brent crude falls 0.8% to $68.68 a barrel, while U.S. West Texas Intermediate crude drops 0.9% to $66.57
Jul 22, 2025
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World Business News
TechUN chief urges tech firms to power data centers with renewables by 2030
António Guterres says the shift to clean energy is unavoidable, even though many governments and companies continue to use fossil fuels
Jul 22, 2025
World Business NewsIMF says tariffs are not a fix for global imbalances
IMF reported that global current account balances rose notably in 2024, breaking a long trend of narrowing that followed the 2008–2009 crash
Jul 22, 2025
World Business NewsBank of England governor rejects loosening key financial rules
Bailey says he does not support changing core financial rules that protect stability, even as government pushes for regulatory reform
Jul 22, 2025
TechHewlett Packard wins over £700 million in British software firm deal
HP is owed nearly £698 million for overpaying in its Autonomy deal, plus $47.5 million for hardware and other losses, London’s High Court says
Jul 22, 2025
World Business NewsJapan launches an anti-dumping investigation into Chinese, Taiwanese steel imports
Japan plans to finish the investigation within a year and will decide afterward whether to impose anti-dumping duties
Jul 22, 2025
World Business NewsU.S. and China to meet in Stockholm to discuss tariff deadline extension
U.S. Treasury Secretary also plans to raise concerns about China’s continued purchases of Russian and Iranian oil
Jul 22, 2025
World Business NewsMost new renewable power is cheaper than fossil fuels, report says
International Renewable Energy Agency says 91% of all large-scale renewable power projects launched last year were cheaper than fossil fuel alternatives
Jul 22, 2025
World Business NewsPhilip Morris shares fall about 5% in premarket trading on quarterly revenue miss
The company’s revenue rises 7.1% to $10.14 billion but misses the average estimate of $10.33 billion
Jul 22, 2025
HeadlinesLahore set to launch first trackless, ticketless solar-powered metro system
Innovative Super Autonomous Rail Rapid Transit (SRT) system to revolutionize urban transportation in Pakistan
Jul 22, 2025
HeadlinesU.S. imposes new ‘visa integrity’ fee for foreign travelers
Fee applies to all nonimmigrant visa categories, likely to impact millions of visitors
Jul 22, 2025
TechUK to ban public sector from paying ransomware demands
The government will introduce a payment prevention regime and a separate reporting regime for ransomware incidents
Jul 22, 2025