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Saudi’s Latest Energy Gambit Is “Twice the Size of Neom’s” and Has Industry Giants Fearing a Ruthless Hydrogen Power Grab

Saudi’s Latest Energy Gambit Is “Twice the Size of Neom’s” and Has Industry Giants Fearing a Ruthless Hydrogen Power Grab

IN A NUTSHELL 🌍 Saudi Arabia is advancing its green energy ambitions with the Yanbu Green Hydrogen Hub, aiming to produce 400,000 tons of green hydrogen annually. 🏗️ The project includes a 4-gigawatt electrolyzer setup, desalination systems, and...

Germany announces transfer of two Patriot systems to Ukraine

Germany announces transfer of two Patriot systems to Ukraine

Stock Photo: Getty Images Germany has announced it will deliver two Patriot air defence systems to Ukraine, following an agreement with the United States under which Berlin will be first in line to receive replacements for the systems it sends....

EUR/USD Consolidates Losses Following German CPI, With US PCE Inflation On Tap

Friday, August 1, 2025 5:15 AM EDT The Euro attempts to regain some ground after a 2.5% decline so far this week. Strong US GDP data and a hawkish Fed boosted the US Dollar across the board on Wednesday. The US PCE Price Index due later is...

German Development Bank backs Indian Biogas venture with 38 mn euro funding

German Development Bank backs Indian Biogas venture with 38 mn euro funding

German Export Finance bank has provided 38 million euros in equity and debt financing to CEF Group, an Indian cleantech company focused on converting waste into compressed biogas, the company said on Friday. The funding will support the...

Access Bank Champions Innovation at STEM Africa Fest 2025

Access Bank Champions Innovation at STEM Africa Fest 2025

STEM FEST photo Access Bank demonstrated its dedication to youth empowerment and digital innovation by sponsoring the fifth edition of STEM Africa Fest. Held at the Landmark Event Centre, Oniru, Lagos, the event brought together over 3,000...

DB interims reflect difficult economic climate

DB interims reflect difficult economic climate

GERMAN Rail (DB) has reported an adjusted Ebit operating loss of €239m in its results for the first half of 2025. This is considerably less than the €1.2bn loss recorded in the same period in 2024. DB blames the poor condition of infrastructure...

The best-compensated tech roles in Germany

The best-compensated tech roles in Germany

Germans working in tech tend to make less than Americans and Brits, but more than tech workers in France and India. Here are the highest paid tech development and engineering roles according to a new survey. The highest-paid tech roles in Germany...

Germany's Fiscal Free Fall: Record Debt, Recession, And Welfare Crisis

Submitted by Thomas Kolbe Germany’s 2026 federal budget is set. The cabinet has reached an agreement on the framework, with only parliamentary approval pending—a mere formality. With a record deficit and no credible path to fiscal consolidation,...

Trump is ‘killing jobs and jacking up prices’, Democrats say, as global markets fall over tariff turmoil – US politics live

Trump is ‘killing jobs and jacking up prices’, Democrats say, as global markets fall over tariff turmoil – US politics live

'Killing jobs and jacking up prices': Democrats lambast Trump over tariffs and weak jobs reportDemocratic lawmakers have slammed Trump’s “reckless and chaotic” tariff policies and federal cuts after today’s weak jobs report revealed that 258,000...

Business news live: UK house prices up, FTSE 100 falls on tariffs news

Business news live: UK house prices up, FTSE 100 falls on tariffs news

FTSE 100 heads lower - but impact nothing like original tariff fears Investors will remember the days of early April when Trump’s original tariff announcement sent stock markets into freefall - 30 per cent drops were not uncommon and America’s...

Germany's manufacturing sector edges closer to growth in July, PMI shows

Germany's manufacturing sector edges closer to growth in July, PMI shows

BERLIN (Reuters) -The downturn in German manufacturing activity eased further in July as output grew for a fifth straight month, albeit at a significantly slower pace, a survey showed on Friday. The HCOB final Purchasing Managers’ Index (PMI) for...

J.D. Vance is right about Germany’s civilisational suicide

J.D. Vance is right about Germany’s civilisational suicide

This week, US Vice President J.D. Vance levelled a blistering critique at Europe, accusing it of ‘committing civilisational suicide’, and Germany in particular of bringing about its own demise, saying: ‘If you have a country like Germany, where...

Middle East updates: German air force begins Gaza aid drops

Middle East updates: German air force begins Gaza aid drops

Skip next section What's behind UK foreign policy change on Palestinian state? 08/01/2025August 1, 2025What's behind UK foreign policy change on Palestinian state? Andreas Noll British Prime Minister Keir Starmer announced a foreign policy...

Merck KGaA closes divestment of surface solutions business to Global New Material International

Merck KGaA closes divestment of surface solutions business to Global New Material International

Merck KGaA, a leading science and technology company, has successfully closed the divestment of its global Surface Solutions business to Global New Material International (GNMI) Holdings Ltd. following approval by all relevant regulatory...

“A Loss For America.” Trump Freezes Millions In Research Funds At UCLA

“A Loss For America.” Trump Freezes Millions In Research Funds At UCLA

The University of California, Los Angeles has become the latest target in the Trump administration's growing campaign against leading research universities. getty The University of California, Los Angeles has been notified by the Trump...

Trump’s trade tantrum leaves American economy needing more

Trump’s trade tantrum leaves American economy needing more

Sitting next to Bahrain Crown Prince Salman bin Hamad bin Isa Al Khalifa, who stared ahead awkwardly, President Donald Trump carried on with one of his wandering soliloquies in front of reporters on July 16 in the Oval Office. With his typical...

Diane von Furstenberg's granddaughter Talita reveals she's engaged to marry her Italian banker boyfriend after six years of dating

Diane von Furstenberg's granddaughter Talita reveals she's engaged to marry her Italian banker boyfriend after six years of dating

Socialite Talita von Furstenberg has revealed she's engaged to her long-term boyfriend. The 26-year-old, who is the granddaughter of celebrated Belgian fashion designer Diane, with an estimated fortune of $300 million and best known for her...

US intelligence uses Microsoft Exchange zero-day vulnerabilities to attack Chinese military-industrial enterprise's email servers: report

US intelligence uses Microsoft Exchange zero-day vulnerabilities to attack Chinese military-industrial enterprise's email servers: report

cyber attack Photo:VCG The Cyber Security Association of China on Friday released details of two cases related to frequent cyberattacks and espionage by US intelligence agencies targeting China's key industries, issuing security alerts for...

Opinion | India’s Economy Is Alive And Kicking

Opinion | India’s Economy Is Alive And Kicking

Last Updated:August 01, 2025, 15:05 IST Modinomics is not just alive, it is the sole bright spot in a world torn apart by protectionism India’s economy has emerged as a beacon of resilience in a global landscape marked by uncertainty, geopolitical...

Banks ponder changes to client language provision rules

Banks ponder changes to client language provision rules

The right to receive all financial services in the Latvian language is provided for by changes to the Credit Institutions Law, which came into force in July. Now the Finance Latvia Association (FLA, the main banking industry body), in cooperation...

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