JULY 5 – As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown seeds of doubt about the scale and sustainability of US borrowing from the rest of the world sprouted anew. Trump’s tax-cutting budget bill is expected to add at least $3 trillion…
JULY 4 – It’s pitch black and we’re crawling along a secret underground tunnel beneath a high street in Hull. We pass rotting beams propped up precariously by stacked breeze blocks. A rusty car jack is helping prevent the shop floor above from falling in. Through the rubble, we follow a Trading Standards Officer, his…
JULY 3 – Tens of thousands of passengers have been hit by a French air traffic control strike that has cancelled flights in France on Thursday and Friday and had a knock-on effect elsewhere in Europe. Budget airline Ryanair said it had been forced to cancel more than 170 flights and the holiday plans of…
JULY 2 – Qantas is contacting customers after a cyber attack targeted their third-party customer service platform. On 30 June, the Australian airline detected “unusual activity” on a platform used by its contact centre to store the data of six million people, including names, email addresses, phone numbers, birth dates and frequent flyer numbers. Upon…
NAIROBI, Kenya, July 1 – Jubilee Allianz General Insurance (Kenya) Limited has received a capital injection of Sh2.75 billion from its shareholders, enabling the insurer to meet the Insurance Regulatory Authority’s (IRA) capital adequacy requirements. The fresh capital now places the company above the 100 percent threshold for capital adequacy ratio, a key metric used…
JUNE 30 – Canada has scrapped a tax on big US technology firms, just hours before it was due to come into force, to allow trade talks between the two countries to restart. On Friday, US President Donald Trump called off negotiations over a trade deal, describing the tax as a “blatant attack”, and threatened…
DHAKA, June 29 (Xinhua) — Stakeholders in the Bangladeshi telecommunications industry have expressed their worries over the possible dominance of Starlink in the country’s Internet Service Providers (ISPs) market. They expressed their views at a workshop and press briefing organized by the Telecom and Technology Reporter’s Network, Bangladesh (TRNB) themed “Proposed draft telecom policy: Challenges…
JUNE 28 – US President Donald Trump has said he is cutting off trade talks with Canada “immediately” as the country looks to start enforcing a tax policy targeting big tech companies. The latest move, which he announced on social media, comes as the neighbouring nations had been working to agree a trade deal by…
JUNE 27 – Canada’s parliament has passed a landmark bill giving Prime Minister Mark Carney’s government new powers to fast-track major national projects. The One Canadian Economy Act was passed by the Senate on Thursday, and allows the cabinet to streamline approvals processes and bypass certain provisions of federal laws for projects that could boost…
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