businesses

The European Central Bank has raised its key interest rates by 25 basis points, in line with widespread expectations from economists and markets. The decision keeps the bank's campaign against elevated inflation moving forward, and analysts are now watching for signals on whether further tightening will follow at upcoming meetings.

European governments are rolling out tax breaks and subsidies in an effort to cushion consumers from record-high fuel prices. Measures under discussion or already introduced include cuts to fuel taxes and direct support for households and businesses. The moves reflect growing political pressure as energy costs strain household budgets across the continent, with governments competing to shield their economies from the price surge.

The US Federal Reserve has raised interest rates for the first time since 2023, according to ABC News. A rate hike would mark a reversal from the easing cycle of recent years and would affect borrowing costs for mortgages, credit cards and businesses across the American economy. Markets and households will be watching for signals on whether further increases are planned.

Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, signalling that Australians should not expect a return to the cheap borrowing costs of the past decade. The comments have drawn wide attention, with households and businesses weighing what persistently higher rates mean for mortgages, savings and the broader economy.

Russian authorities are instructing businesses to protect their own facilities from Ukrainian drone attacks, as strikes increasingly disrupt operations across the country. The move signals that Moscow's air defenses are struggling to intercept the growing number of drones targeting infrastructure and industry. The report, published by The Wall Street Journal, highlights the mounting economic strain the drone campaign is placing on Russia's war effort.

The United Nations has expanded its list of companies with business ties to Israeli settlements in the occupied West Bank, adding firms to bring the total to 138. The database, maintained by the UN Human Rights Council, is intended to press companies to end activities linked to settlements, which most of the international community considers illegal. Israel rejects the blacklist, calling it politically motivated, while human rights groups welcomed the expansion.

A call is circulating reminding companies that they carry human rights responsibilities and are expected to conduct due diligence to avoid involvement in human rights violations or abuses. The message is being shared in the context of the Israel-Palestine conflict and discussions around a ceasefire, with readers urged to hold businesses accountable for their supply chains and operations tied to the region.

Indian applicants for US visitor visas are facing long interview waits, with Hyderabad at around 12 months, Mumbai 11.5 months, New Delhi 10 months, Chennai 7.5 months and Kolkata 6.5 months. The figures are drawing attention as families planning travel for tourism, business or family visits face delays stretching close to a year before they can secure an interview appointment.

Russia's finance ministry has announced tax increases aimed at shoring up the country's military budget, as the war in Ukraine continues to strain public finances. The move signals Moscow's willingness to place more of the tax burden on businesses and households to sustain defence spending. Observers see it as evidence that the costs of the conflict are increasingly being passed on to ordinary Russians.

The United States and China have reached a major trade framework that reportedly cuts the US trade deficit with China in half. The announcement marks a significant step in easing tensions between the world's two largest economies. The exact terms of the agreement and how the deficit reduction will be achieved have not yet been detailed, and reactions from businesses and lawmakers are still coming in.

The United Nations has added 61 companies to its blacklist of firms operating in Israeli settlements in the occupied Palestinian territories, citing alleged violations of Palestinian human rights. The updated list identifies businesses across sectors including construction, finance and technology. The move is expected to draw criticism from Israel and the United States, which have previously condemned the database, while human rights groups have welcomed it as a step toward corporate accountability.

Reports from Gaza City show restaurants operating and serving customers, prompting questions about the scale of the claimed famine in the territory. The JNS report argues that busy eateries sit awkwardly with statements from aid agencies and officials that Gaza is experiencing mass starvation. Critics and supporters of the famine assessment continue to dispute what the restaurant activity actually proves about food availability across Gaza.

Dramatic footage has emerged showing the moment a Panama-flagged bulk carrier collided with a Chinese fishing vessel off the coast of Singapore. The video captures the impact between the two ships in one of the world's busiest shipping lanes. Details on casualties or damage have not been confirmed, and authorities are expected to investigate the cause of the collision.

The United Nations has added 61 companies to its blacklist of firms operating in Israeli settlements, citing alleged human rights violations against Palestinians. The update to the database of businesses engaged in activities in the occupied territories is expected to draw sharp reactions from Israel and its allies, while rights groups have long pressed for firms to be held accountable for operations in the settlements.

Japan is moving to tighten its rules for foreign residents, according to an Al Jazeera report, a shift that could throw the futures of many migrants into doubt. The development has drawn attention given Japan's reliance on foreign workers amid a shrinking population and ongoing labour shortages.

Corporate America is increasingly adopting cheaper 'open' AI models as an alternative to costly proprietary systems from major AI providers. The shift, reported by the Financial Times, suggests companies are looking to cut technology costs while still deploying artificial intelligence across their operations. Open models let firms run AI on their own infrastructure, reducing dependence on expensive vendors.

The US federal government's move to reschedule marijuana is set to change how medical marijuana businesses are taxed and run. Reclassification could ease the current tax burden that prevents cannabis companies from deducting normal business expenses, while also altering operational and banking rules. Business analysts say companies in the medical cannabis sector will need to adapt their finances and compliance practices as the new federal framework takes effect.

The United Nations has expanded its database of companies operating in Israeli West Bank settlements to 138 firms. The list, maintained by the UN Human Rights Council, flags businesses the UN says are involved in activities supporting settlement expansion, which it considers illegal under international law. Israel rejects the blacklist, and its publication has drawn criticism from Israeli officials and mixed reactions from companies and governments.

The United Nations has added more than 60 companies to its blacklist of firms operating in Israeli settlements in the occupied Palestinian territories. The move, published by the UN Human Rights Council, lists businesses it says are involved in settlement-related activities that Palestinians and rights groups consider illegal under international law. Israel has condemned the listing, while supporters see it as accountability.

The United Nations has expanded its database of Israeli companies operating in West Bank settlements to 215 firms. The list, maintained by the UN Human Rights Council, names businesses deemed to be enabling settlement activity, which Israel and the United States oppose as politically motivated. Rights groups welcomed the move, while Israel denounced it, and the list is expected to fuel debates over corporate responsibility in occupied territory.

Dutch Prime Minister Rob Jetten is lobbying Washington against a fresh round of export restrictions that would hit ASML's China business. US lawmakers are pursuing legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and its servicing activities in China. The Dutch intervention highlights tensions between US efforts to curb China's chip ambitions and the interests of Europe's most valuable tech firm.

The Business Secretary has warned that a renewed campaign to rejoin the European Union risks creating uncertainty for businesses. The intervention comes as debate over the UK's relationship with Brussels resurfaces, with the minister arguing that reopening the question of EU membership would leave companies facing unclear long-term conditions for trade, investment and regulation.

NBA.com has published a comprehensive tracker listing every free agency signing, contract extension and trade for all 30 NBA teams during the offseason. The roundup gives fans a single reference point for roster moves league-wide as teams reshape their squads ahead of the new season.

China's economy is changing rapidly, moving away from the construction and commodity-driven growth that once made it a straightforward destination for Australian exports such as iron ore and coal. Analysts argue Canberra can no longer assume strong Chinese demand will reliably underpin Australia's trade earnings, and that Australian businesses and policymakers need to adapt to a more unpredictable economic partner.

Elon Musk told CCTV Finance that he recommends people visit China as much as they can, citing the many things to see. He described taking the bullet train from Beijing to Xi'an as a great experience and praised the train stations. The remarks are drawing attention given Musk's business ties to China through Tesla, with supporters seeing validation of China's infrastructure and critics questioning his praise of the country.

The All-In Podcast discusses a turbulent week in AI: Anthropic's long-expected IPO may be at risk, Meta has launched its Muse model to strong interest, falling token prices are squeezing AI companies' margins, open-source models are winning market share, and alignment efforts are described as failing. Commentators frame these as signs that the AI industry's economics and safety promises are both under strain.