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EconomyFeatured
US Midterms 2026: Luxury spending slows ahead of November elections, Citi data shows
The Citi data backs surveys from the Conference Board and the University of Michigan that showed growing unease about the US economy among the voters
FeaturedLogistics and Cargo
Germany blocks Chinese state-owned shipping giant’s takeover of Hamburg logistics group
The German Economy Ministry said the transaction would have deepened dependencies on China and jeopardised the resilience of European supply chains
FeaturedTechnology
Paramount takes over Warner Bros in USD 110 billion mega Hollywood merger
Skydance combines Paramount, HBO Max, CBS and CNN as the new media giant targets USD 6 billion in savings and 200 million-plus streaming subscribers
FeaturedTrading
Trump tariffs fail to curb US imports as trade deficit deepens to record high
While the trade shortfall increased 13.7% to USD 105.6 billion, US posted record deficits with at least three countries, including Mexico
FeaturedTransport
Jaguar launches its Type 01 electric car, targets wealthy American customers
Trump said the executive order will waive off-road requirements and allow anyone to purchase tax-free so-called red dye diesel
FeaturedMarkets
IMF warns growing hedge fund footprint merits closer scrutiny
Hedge funds held about USD 13 trillion in gross assets in early 2026, up from USD 4 trillion in 2013, as per the IMF’s Global Financial Stability Report
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