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Business

Ørsted proceeds with share sale at 67% discount to raise capital

Danish offshore wind energy company Ørsted is facing financial uncertainty after the Trump administration derailed its US projects.

Business

US visa system is putting off investors, says South Korea president

The comments come after last week's immigration raid at a battery plant run by two South Korean firms in the US.

Economy

Why investors are ditching bonds for gold in 2025

Gold is shining in 2025, outperforming all major assets. With political instability, doubts over Fed independence, and rising economic risks, gold’s role as a trusted, uncorrelated store of value has made it the safe haven of choice.

Partner content

How the UN’s Awaza Programme is unlocking trade for landlocked nations

Partner content presented by Turkmenaragatnashyk

The UN’s Awaza Programme sets a 10-year plan to boost trade, resilience and connectivity for 32 landlocked nations worldwide.

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Business

Auto-enrolment: A quiet pension shift that could fuel Europe’s economy

Auto-enrolment into funded pensions would ensure more retirement contributions are invested, powering Europe’s growth.

Energy Frontiers

Azerbaijan’s state energy VP sets 2035 deadline for transition plan

In partnership with Azpromo

Azerbaijan’s state oil and gas firm SOCAR Vice President Afgan Isayev sets 2035 as a turning point in its drive towards net zero.

Business

Mediobanca shareholders reject bid to acquire Banca Generali

The rejection could threaten Mediobanca’s independence as the Milanese lender seeks to fend off a takeover by Italian competitor MPS.

Focus

UN summit in Turkmenistan sets 10-year plan for landlocked nations

In partnership with LLDC3 - Awaza, Turkmenistan

In Awaza, Turkmenistan, the United Nations set a 10-year roadmap to tackle the economic, trade and infrastructure challenges facing 32 landlocked developing countries across four continents.

Markets

Pop Mart shares rise 12% as Labubu maker announces new mini doll

The firm announced the launch of a new Labubu doll as the furry elf toys continue to take the world by storm.

Business

Japan's SoftBank to buy $2 billion stake in chip maker Intel

The Japanese tech giant has been increasing its investments in the US since the beginning of US President Donald Trump's second term.

Economy

Growth fades in Europe: Is the recovery already running out of steam?

The eurozone economy barely grew in the second quarter. Germany and Italy contracted, while Spain continued to shine.

Economy

The new 'Tiger economy': Vietnam's 2045 get rich quick plan

Vietnam wants to follow in the footsteps of Taiwan and South Korea, but focusing on one single industry is no longer viable to build a strong and resilient economy.

Economy

Norway’s sovereign wealth fund sells its shares in 11 Israeli firms

The fund held stock in 61 Israeli companies at the end of June this year, although public pressure to terminate the contracts has been mounting.

Markets

Gold futures rise after report Trump has placed tariffs on gold bars

The futures reached a record high on Friday after the US reportedly placed tariffs on imports of one-kilo gold bars.

East-West Connect

Kazakhstan aims to turn tourism into a €10 billion business by 2029

In partnership with MDQ

Kazakhstan wants to grow tourism’s output to €10 billion by 2029 and attract 15 million annual visitors. In this episode of East-West Connect we look at the government’s plan to achieve these goals.

Focus

Kazakhstan is drawing foreign direct investment, even as global FDI flows slow. Here’s how:

In partnership with MDQ

FDI in Kazakhstan is slowing, but multibillion-euro deals are still landing. Officials call the shift cyclical, not a sign of waning investor confidence.

Business

Azerbaijan’s SOFAZ invests in Italy’s solar future

A sovereign wealth fund built on hydrocarbons is helping power Europe’s clean energy transition.

Business

Losses and job cuts at Intel as chipmaker drops projects in Europe

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's future, as it has just reported further losses for the second quarter of the year.

Business

Sanofi buys UK’s Vicebio for over €1bn to expand vaccine portfolio

French pharmaceutical company Sanofi said it is acquiring London-based Vicebio to expand its range of respiratory virus vaccines and add a non-mRNA vaccine to its pipeline.

Business

AstraZeneca pledges $50bn investment in the US amid 200% tariff fears

British-Swedish pharmaceutical company AstraZeneca is expanding its presence in the US in a bid to boost sales in its largest market.