World Business NewsU.S. and G7 back plan to exempt American firms from parts of global tax deal
Agreement follows U.S. decision to drop retaliatory tax plan; new framework acknowledges existing U.S. tax laws
Jun 28, 2025
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World Business News
World Business NewsU.S. and China reach deal to resume rare earth exports amid trade tensions
Breakthrough follows stalled Geneva agreement and retaliatory export curbs; rare earth flow to resume under new implementation framework
Jun 28, 2025
World Business NewsTrump denies reports of $30 billion U.S. nuclear offer to Iran
President calls media claims a “hoax” as tensions ease after U.S.-Iran-Israel ceasefire; indirect nuclear talks with Tehran continue
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World Business NewsLotus denies closure of UK factory amid job loss concerns
Sportscar maker refutes report of shutdown in Norfolk, says operations continue as usual while exploring efficiency measures
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World Business NewsTrump cuts off US trade talks with Canada, shattering optimism over tariff deals
US president calls Canada’s digital tax a 'blatant attack' on America; new tariff rates for Canada expected within a week, and for other countries within two weeks
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World Business NewsWarren Buffett donates record $6 billion Berkshire shares
World's fifth-richest person’s total charitable giving exceeds $60 billion; children to oversee charitable trust after his death
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World Business NewsTesla faces trial over fatal Florida crash involving Autopilot-equipped Model S
Federal judge allows claims of design defect, failure to warn, and punitive damages in 2019 collision case
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World Business NewsChina’s Iranian oil imports surge to record highs ahead of regional ceasefire
Teapot refinery demand and early summer loadings lift flows past 1.8 million bpd; export slowdown expected after mid-June strikes
Jun 27, 2025
World Business NewsGlobal markets hit record highs on U.S.-China trade optimism, tech rally
S&P 500 and Nasdaq surge; dollar sinks to multi-year lows as investors eye rate cuts and easing geopolitical tensions
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World Business NewsFATF urges stronger action against illicit crypto finance, warns of global repercussions
With virtual assets inherently borderless, regulatory failures in one jurisdiction can have global consequences, says Paris-based watchdog
Jun 27, 2025
World Business NewsIMF raises Saudi Arabia’s 2025 GDP growth forecast to 3.5% despite lower oil prices
Non-oil sector, Vision 2030 projects and domestic demand to drive growth amid $27 billion fiscal deficit
Jun 27, 2025
World Business NewsEU weighs fast-track trade deal with U.S. as Trump tariff deadline looms
Most member states favour quick resolution over prolonged negotiations as bloc faces pressure from existing and threatened U.S. tariffs
Jun 27, 2025