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magazine

Economy

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US regulator has dropped a challenge to Microsoft’s $69 billion acquisition of Activision Blizzard
24 May
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US regulator has dropped a challenge to Microsoft’s $69 billion acquisition of Activision Blizzard

The FTC canceled its challenge to the $69 billion Activision agreement with
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Trump’s tariff threat, according to Bessent, may force the EU to take action in trade negotiations
24 May
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Trump’s tariff threat, according to Bessent, may force the EU to take action in trade negotiations

Investor David Bessent thinks the EU may move more quickly in trade
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Uganda and the Islamic Development Bank Sign $800 Million Financing Agreement to Promote Infrastructure and Trade
23 May
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Uganda and the Islamic Development Bank Sign $800 Million Financing Agreement to Promote Infrastructure and Trade

Uganda and the Islamic Development Bank have inked an agreement worth $800
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CEO Says US-China Trade Truce Could Reduce Komatsu’s Tariff Burden by $140 Million
23 May
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CEO Says US-China Trade Truce Could Reduce Komatsu’s Tariff Burden by $140 Million

The US-China trade deal may save Komatsu $140 million in tariff expenses,
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Trump’s Comprehensive Tax and Spending Bill is approved by the US House
23 May
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Trump’s Comprehensive Tax and Spending Bill is approved by the US House

Trump’s comprehensive legislative package, which includes significant tax and budget cuts, was
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UK signs £10bn deal with Mauritius to take back Chagos and secures 99-year military base lease, despite opposition from Chagossian
23 May
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UK signs £10bn deal with Mauritius to take back Chagos and secures 99-year military base lease, despite opposition from Chagossian

The UK gave up control of Chagos to Mauritius in exchange for
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The US Senate takes action to stop California’s 2035 ban on gasoline-only cars
23 May
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The US Senate takes action to stop California’s 2035 ban on gasoline-only cars

California’s proposal to outlaw the sale of gasoline-only cars by 2035 was
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Saudi Arabia Expands Eye Care Trip to Gbagada General Hospital in Lagos
23 May
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Saudi Arabia Expands Eye Care Trip to Gbagada General Hospital in Lagos

Saudi Arabia extends its eye care outreach to Gbagada Hospital, providing Lagos
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Panama-Venezuela Flights Resuming After Almost a Year off
23 May
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Panama-Venezuela Flights Resuming After Almost a Year off

Panama has started flying with Venezuela again after a break of almost
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Nike will begin raising prices in the United States in June
22 May
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Nike will begin raising prices in the United States in June

Nike’s price increase targets certain products while maintaining the affordability of favorites
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