Bangladesh Imports US Wheat to Ease Trade Dispute
Bangladesh has cleared a deal to import 220,000 metric tons of U.S. wheat in an effort to ease trade friction and offset high import duties imposed by the Trump administration, a Dhaka official said Wednesday. A food ministry official stated that Bangladesh approved the wheat purchase at $302.75 per ton
Secretive Family Behind Tetra Pak Pours $9 Billion Into Stocks
A mysterious entity in Singapore’s financial district became the largest shareholder in International Flavors & Fragrances Inc. nine years ago. It was later revealed that the owner was the Rausing family from Sweden, known for their fortune from Tetra Pak cartons. This disclosure marked one of the earliest public insights
India to Suspend Rare Earth Exports Deal with Japan
India asked state owned miner, IREL, formerly Indian Rare Earth Limited, to suspend a 13 year-old rare earth export agreement with Japan. According to the official report by Reuters, it is happening to secure domestic supply and reduce dependency on China. The decision was taken for growing global concerns over
AI R&D Centre Launched in Vietnam by Qualcomm
U.S chipmaker Qualcomm launched an Artificial Intelligence Research and Development Centre in Vietnam, the company said on Tuesday. In a meeting at Hanoi on Tuesday with Alex Rogers, Qualcomm’s president of global affairs, Vietnam’s top leader To Lam urged the company to continue enlarging its operations in the country, including
Amazon Prime Cookies: Should You Ever Accept Them?
Today, online shopping has become very prevalent and according to various sources, e-commerce is much more popular than going to shopping in person. The leading company in this age of e-commerce is Amazon. Known for providing personalised products, Amazon is a name everybody is familiar with. A key component of
Varaha: Pioneering Climate Tech Solutions for Developing Economies
In the global fight of climate change and its impact on developing economies,Varaha stands out dedicating to transforming the agricultural sector by focusing on carbon neutral and mitigation through nature based solutions. Launched in 2022 by Madhur Jain, Ankita Garg, and Vishal Kuchanur, Varaha uses innovative technologies combined with nature-based
Bain Capital Plans to Sell China Data Center Business Worth $4B
Bain Capital is looking to sell the China business of data centre operator WinTriX DC Group in a deal that could exceed $4 billion, according to two sources familiar with the matter. The U.S. investment firm has enlisted advisers who have held preliminary discussions with potential buyers in recent months.
7-Eleven Owner Rejects $38B Takeover Bid from Canadian Rival
In a bold move, Japan’s Seven & i Holdings, the owner of the global convenience store giant 7-Eleven, has turned down a $38 billion takeover offer from Canadian retail powerhouse Alimentation Couche-Tard (ACT), calling the bid “opportunistically timed” and far below the company’s true value. In a letter to ACT,
Trump Threatens China With 50% Tariff as Global Markets Slide
Tensions flared on Monday in the U.S. President Donald Trump escalated his tariff battle with China, threatening a 50% levy on Chinese imports if Beijing does not retract its newly imposed 34% counter-tariff. The warning, issued via Trump’s Truth Social post, comes just days after his “Liberation Day” policy slapped
Thailand Sets Sights on Reducing Trade Surplus with the U.S.
In a move to balance trade relations, Thailand is looking to cut down its trade surplus with the United States to $20 billion. The plan? More U.S. products—specifically agricultural goods like corn, soybeans, and ethylene- are being imported. This initiative aims to address trade disparities while aligning with evolving U.S.
