HeadlinesPakistan, IFC strengthen climate partnership to boost resilience
Focus on climate financing, sustainable transport, and technical collaboration
Mar 3, 2025
Monitoring Report
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Headlines
World Business NewsOil prices steady after first monthly decline since November
Brent crude rises 0.43% to $73.12 a barrel, while U.S. West Texas Intermediate (WTI) crude gains 0.36% to $70.01
Mar 3, 2025
World Business NewsBitcoin surges 20% as Trump proposes U.S. strategic crypto reserve
Bitcoin trades around $91,605, up from its low of $78,273 last week
Mar 3, 2025
TechAmazon’s $17 billion Spain project integrates AI for disaster prevention
The move follows severe floods that hit Valencia four months ago, underscoring the region’s vulnerability
Mar 3, 2025
World Business NewsSaudi Aramco and Sonatrach lower March LPG prices
Aramco reduces propane prices by $20 to $615 per ton and butane by $20 to $605, while Sonatrach lowers propane by $5 to $560 and butane by $15 to $585
Mar 3, 2025
AutomobileBYD to raise up to $5.2 billion through Hong Kong stock offering
The deal comes amid rising momentum in Hong Kong’s equity market, as investors bet on a potential recovery in economic growth
Mar 3, 2025
TechAmazon Web Services to invest $8.2 billion in India’s Maharashtra
India’s cloud services market, valued at $8.3 billion in 2023, is projected to grow to $24.2 billion by 2028
Mar 3, 2025
AutomobileTesla’s market share declines in Europe as sales drop over 40%
Tesla registrations drop 42% in Sweden, 48% in Norway and Denmark, and 45% in France
Mar 3, 2025
TechChina’s Zhipu AI raises over 1 billion yuan as AI competition heats up
The investment comes as DeepSeek gains traction with open-source AI models challenging Western rivals at lower costs
Mar 3, 2025
TechSingapore probes Nvidia chip shipments to Malaysia as U.S. tightens export controls
The probe follows reports of arrests linked to the alleged procurement and shipment of these chips in violation of U.S. sanctions
Mar 3, 2025
World Business NewsUK watchdog investigates TikTok, Reddit, and Imgur over child privacy
The probe will assess TikTok’s use of personal data from users aged 13 to 17 and evaluate Reddit and Imgur’s age verification processes
Mar 3, 2025
World Business NewsU.S. Treasury will not enforce anti-money laundering law for domestic firms
The Treasury says the move supports US taxpayers and small businesses and plans to narrow the act to foreign reporting companies
Mar 3, 2025