Economy- Page 25

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

PepsiCo posted $24.18 billion in second-quarter revenue, beating Wall Street estimates, but core EPS of $2.20 missed by a penny as CEO Ramon Laguarta warned that the U.S. consumer is deteriorating faster

July 10, 2026

by Economy Desk

Uzbekistan food processing and metals export facility Central Asia

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Uzbekistan is targeting $4.5 billion in processed food exports this year, rising to $10 billion by 2030, as parallel metals projects worth $4.2 billion aim to triple profits from the country's copper and steel base.

July 10, 2026

by Economy Desk

Volkswagen workers on the production line at a German factory facing mass layoffs

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first

Contractors build a new home at Taylor Morrison La Solara community in Dublin California

Berkshire Hathaway Acquires Taylor Morrison in $8.5 Billion All-Cash Deal, Abel’s First Major Move

Berkshire Hathaway agreed to buy Taylor Morrison Home Corporation for $72.50 per share in an all-cash deal valuing the homebuilder at $8.5 billion, the first major acquisition under CEO Greg Abel.

June 1, 2026

Business·Economy·Markets·News

Shoppers inside a grocery store as US inflation hit a three-year high of 3.8% in April 2026

US Inflation Hits Three-Year High in April as Iran War Drives Prices Up and Americans Drain Savings

The Federal Reserve's preferred inflation gauge climbed to 3.8% in April, its highest reading since May 2023, as the war with Iran sent energy prices soaring and American households drew down savings

May 29, 2026

Business·Economy·News

EU’s Séjourné Warns 29 Million Jobs at Risk as Brussels Deploys Sweeping New Tariff Doctrine Against China

EU industry chief Stéphane Séjourné says 29 million European jobs are at risk from Chinese overproduction, as Brussels adopts a sector-wide tariff doctrine targeting chemicals, metals and clean technology — a policy

May 29, 2026

Business·Economy·News

Leaders at the plenary session of the fifth Eurasian Economic Forum in Astana, Kazakhstan, May 2026

Astana Summit, Lukashenko Says Eurasian Economic Union Made Each Member Stronger

Belarus's Alexander Lukashenko told the Eurasian Economic Union summit in Astana that the bloc had made each member stronger over 12 years, even as he warned of a world sliding toward conflict.

May 29, 2026

Business·Economy·News

Vladimir Putin at the Eurasian Economic Union summit in Astana as Armenia weighs its EAEU and EU choice

Armenia Vows to Stay in EAEU in Good Faith as EU Pivot Shadows Astana Summit

Armenia's deputy PM Mher Grigoryan told the Eurasian Economic Union summit in Astana that Yerevan will keep participating in good faith, even as it courts the EU.

May 29, 2026

Economy·Government and Politics·News

EU and Chinese flags at a summit as the EU weighs China trade curbs over industrial overcapacity

EU Weighs China Trade Curbs as Spain Breaks Ranks, Beijing Threatens Retaliation

The European Commission weighs new curbs on Chinese imports as Spain breaks ranks with the bloc's largest economies and Beijing threatens immediate retaliation.

May 29, 2026

Business·Economy·News

Treasurer Jim Chalmers and Prime Minister Anthony Albanese ahead of the 2026 federal budget that reforms negative gearing and capital gains tax

Treasury Modelling Says Most Young Australians Gain From Labor’s Negative Gearing and CGT Reforms

New Treasury distributional modelling shows most Australians under 40 come out ahead under Labor's plan to wind back negative gearing and the capital gains tax discount from July 2027.

May 29, 2026

Business·Economy·News

Vladimir Putin and Kassym-Jomart Tokayev at Astana talks on Gazprom gas supply to northern Kazakhstan

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

Vladimir Putin said Gazprom is supplying gas to northern Kazakhstan without interruption and framed Russian energy as the cheaper option for Astana, as the two leaders met in the Kazakh capital.

May 28, 2026

Business·Economy·News

Oil refinery fire amid the Strait of Hormuz energy security crisis as the IEA warns of the biggest energy crisis in modern history

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

The International Energy Agency says the world faces its biggest energy security crisis in modern history as the Strait of Hormuz shutdown drives a record $3.3 trillion in global energy spending and

May 28, 2026

Business·Conflicts, Military and War·Economy·News

Australian banknotes and budget papers as Labor defends its 2026 capital gains tax overhaul

Labor Defends Capital Gains Tax Overhaul as Coalition Vows to Block It

Australia's Labor government is defending its plan to scrap the 50 per cent capital gains tax discount as the Coalition vows to block the budget's centerpiece tax reform.

May 28, 2026

Business·Economy·News

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Economy- Page 25

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Berkshire Hathaway Acquires Taylor Morrison in $8.5 Billion All-Cash Deal, Abel’s First Major Move

US Inflation Hits Three-Year High in April as Iran War Drives Prices Up and Americans Drain Savings

EU’s Séjourné Warns 29 Million Jobs at Risk as Brussels Deploys Sweeping New Tariff Doctrine Against China

Astana Summit, Lukashenko Says Eurasian Economic Union Made Each Member Stronger

Armenia Vows to Stay in EAEU in Good Faith as EU Pivot Shadows Astana Summit

EU Weighs China Trade Curbs as Spain Breaks Ranks, Beijing Threatens Retaliation

Treasury Modelling Says Most Young Australians Gain From Labor’s Negative Gearing and CGT Reforms

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

Labor Defends Capital Gains Tax Overhaul as Coalition Vows to Block It

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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