Citigroup increased net profit by a quarter

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Citigroup Inc. among the top U.S. banks, increased net income by 25 per cent in the second quarter of 2025, much better than forecast,...

Google is investing $25bn in data centres and AI in the US

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Google (part of Alphabet Inc. holding) plans to invest $25bn in the development of data centres and infrastructure for artificial intelligence technologies in the...

UK inflation accelerates to 3.6 per cent

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Consumer prices in the UK in June rose by 3.6% in annual terms, according to the report of the country's National Statistics Office (ONS). In...

Nature caused $7.5bn in damages to China

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Losses of the Chinese economy due to natural disasters in the first half of 2025 reached 54.11 billion yuan ($7.55 billion), Reuters writes, citing...

Latvian ports’ cargo turnover decreased by 3.5%

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Latvian ports handled 17.301 million tonnes of cargo in the first half of this year, which is 3.5% less than in the same period...

Volvo to write off $1.19bn due to problems with EX90 and ES90

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Swedish carmaker Volvo Cars will record a one-off write-down of SEK11.4bn ($1.19bn) in the second quarter as it revises its outlook for the launch...

Azerbaijan reduced gas exports by 4.7% to 12.1 bcm.

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Azerbaijan exported 12.1 billion cubic metres of gas in January-June 2025, the operational data of the Republic's Energy Ministry says. "In particular, 6.1 billion cubic...

Trump announced 30% duties on imports from the EU and Mexico from August 2025

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The United States of America will impose 30 per cent tariffs on goods from the European Union and Mexico shipped to the United States...

CityFibre raises $3bn for network expansion and mergers

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UK broadband provider CityFibre has raised £2.26bn ($3.04bn) in funding from current shareholders and lenders. The company said the funds will be used to expand...

Kazakhstan reduced oil exports to Germany by 1.4 times

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The volume of transportation of Kazakh oil to Germany by the system of oil pipeline "Druzhba" in June this year amounted to 160 thousand...
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