Business- Page 59

Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

Amazon’s AWS Billing Bug Showed Customers $2.5 Billion in False Charges

Amazon's AWS billing portal showed estimated charges up to $2.5 billion Thursday after a computation bug generated phantom numbers that did not reflect actual usage. Amazon's rollback attempt failed to fix the

July 18, 2026

by Technology Desk

Iraqi Prime Minister Ali al-Zaidi at the US-Iraq Washington business summit 2026

Iraq Signs $60bn in Energy Deals With Chevron, Plans Pipeline to Bypass Hormuz

Iraq signed over $60 billion in preliminary deals at a Washington summit Thursday, headlined by Chevron's agreement to rebuild the Kirkuk-Baniyas pipeline through Syria and give Baghdad an oil route bypassing the disrupted Hormuz strait.

July 18, 2026

by Economy Desk

British Steel Scunthorpe steelworks in Lincolnshire after UK government nationalisation ending Jingye Chinese ownership in July 2026

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

Britain nationalized British Steel on Thursday, ending Jingye Group's six-year ownership. China's Ministry of Commerce issued

Aerial view of British Steel's Scunthorpe steelworks in Lincolnshire, UK, as the government formally nationalized the facility on July 17, 2026

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

Britain nationalized British Steel on Thursday, ending Jingye Group's six-year ownership. China's Ministry of Commerce issued

Large flags of Moldova and the European Union on government buildings in Chisinau, September 2025

Moldova’s Exports Fell 2.5 Times After Joining Sanctions Against Russia, Ex-President Says at SPIEF

Former Moldovan President Igor Dodon told SPIEF 2026 that Moldova's exports collapsed 2.5 times and imports fell fivefold after Chisinau joined Western sanctions against Russia — figures that independent data largely corroborates,

June 3, 2026

Business·Economy·Government and Politics·News

Delegates at an international economic forum as the OECD releases its June 2026 Economic Outlook on eurozone growth

OECD Holds Eurozone Growth at 0.8% as Germany and France Face Third Straight Downgrade

The OECD's June 2026 Economic Outlook holds the eurozone forecast at 0.8% for the year, but the flat headline conceals another round of cuts to Germany and France — a third successive

June 3, 2026

Business·Economy·News

Vladimir Putin delivers keynote address at SPIEF 2026 St. Petersburg International Economic Forum

Peskov Admits Politics Cannot Be ‘Purified’ From Putin’s SPIEF Speech as Forum Opens in St. Petersburg

Kremlin spokesman Dmitry Peskov previewed Putin's June 5 address at SPIEF 2026 as primarily economic but acknowledged that political questions — war, sanctions, and geopolitical rupture — will inevitably surface.

June 3, 2026

Business·Economy·Government and Politics·News

St. Petersburg International Economic Forum SPIEF 2026 venue Expoforum

Igor Dodon Warns of Economic Collapse in Moldova, Says Snap Elections Cannot Be Ruled Out

Former Moldovan President Igor Dodon warned at SPIEF 2026 of an imminent economic collapse in Moldova and said early elections remain possible, questioning whether European governments can indefinitely sustain Maia Sandu's administration.

June 3, 2026

Economy·Government and Politics·News

Myanmar Foreign Minister Tin Maung Swe and Chinese FM Wang Yi during bilateral talks in Naypyitaw, April 2026

Myanmar’s New Foreign Minister Heads to Beijing as Junta Courts Chinese Investment for Economic Corridor

Myanmar's Foreign Minister Tin Maung Swe travels to Beijing June 4–6 for talks with Wang Yi, as Naypyitaw accelerates China-Myanmar Economic Corridor projects under growing Western isolation.

June 3, 2026

Business·Government and Politics·News

US Treasury sanctions Nobitex Iran largest crypto exchange IRGC June 2026

US Sanctions Nobitex, Iran’s Largest Crypto Exchange, as Treasury Targets Regime’s Financial Lifeline

The US Treasury sanctioned Nobitex and three other Iranian crypto exchanges under Operation Economic Fury, targeting a platform founded by the Kharrazi dynasty and used by the IRGC to move hundreds of

June 3, 2026

Business·Crypto·Government and Politics·News

USTR announces Section 301 forced labor tariff findings against 60 economies including Turkey and the EU

Trump’s Tariff Workaround: USTR Targets 60 Nations Including Turkey and EU Over Forced Labor

The Office of the US Trade Representative has formally found all 60 investigated economies guilty of failing to ban forced-labor goods, proposing tariffs of 10% to 12.5% in a move legal analysts

June 3, 2026

Business·Economy·Government and Politics·News

Turkish President Recep Tayyip Erdogan holds phone call with Armenian Prime Minister Nikol Pashinyan on Turkey-Armenia normalization process

Erdogan Calls Pashinyan as Turkey-Armenia Direct Trade Takes Shape Before June Vote

Turkish President Recep Tayyip Erdogan held a phone call with Armenian Prime Minister Nikol Pashinyan on June 2, signaling that direct trade is the next concrete step in a normalization process that

June 3, 2026

Business·Government and Politics·News

Solomon Islands to Review China Security Pact as New PM Wale Seeks Reset With Australia

Solomon Islands Prime Minister Matthew Wale has said his government will review the secretive 2022 security agreement with China, revealing he was denied access to the pact until days before his Canberra

June 3, 2026

Business·Conflicts, Military and War·Government and Politics·News

Vladimir Putin speaks at the St. Petersburg International Economic Forum SPIEF plenary session

EU Countries Lost $3.5 Trillion After Cutting Russian Energy, Says Russia’s RDIF Chief at SPIEF 2026

Kirill Dmitriev, head of the RDIF and Russia's special presidential envoy, told SPIEF 2026 on Wednesday that European nations have already absorbed roughly 3 trillion euros in economic losses from severing Russian

June 3, 2026

Business·Conflicts, Military and War·Economy·News

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Business- Page 59

Iraq Signs $60bn in Energy Deals With Chevron, Plans Pipeline to Bypass Hormuz

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

Moldova’s Exports Fell 2.5 Times After Joining Sanctions Against Russia, Ex-President Says at SPIEF

OECD Holds Eurozone Growth at 0.8% as Germany and France Face Third Straight Downgrade

Peskov Admits Politics Cannot Be ‘Purified’ From Putin’s SPIEF Speech as Forum Opens in St. Petersburg

Igor Dodon Warns of Economic Collapse in Moldova, Says Snap Elections Cannot Be Ruled Out

Myanmar’s New Foreign Minister Heads to Beijing as Junta Courts Chinese Investment for Economic Corridor

US Sanctions Nobitex, Iran’s Largest Crypto Exchange, as Treasury Targets Regime’s Financial Lifeline

Trump’s Tariff Workaround: USTR Targets 60 Nations Including Turkey and EU Over Forced Labor

Erdogan Calls Pashinyan as Turkey-Armenia Direct Trade Takes Shape Before June Vote

Solomon Islands to Review China Security Pact as New PM Wale Seeks Reset With Australia

EU Countries Lost $3.5 Trillion After Cutting Russian Energy, Says Russia’s RDIF Chief at SPIEF 2026

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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