Iran at odds with allied Russia after Moscow backs UAE in island dispute
Russia and the GCC urged a diplomatic or internationally arbitered solution to an Iran-UAE territorial dispute over three islands.
Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware
Bank of England warns of mortgage agony, says monthly costs could jump £500 for some
The central bank said that the amount of household debt remains “some way below” the historic peak reached in 2007.
British workers keep getting pay raises — despite the Bank of England urging them not to ask for more money
U.K. wages grew at their joint-fastest rate on record in the three months to May, as workers continued to secure pay rises despite calls for restraint from the government and central bank.
Europe and the U.S. finally agree a landmark data-sharing pact — and it’s already under threat
The EU and U.S. this week agreed a new Data Privacy Framework, which will allow businesses to transfer data on Europeans to the U.S.
K-pop stock falls 7% amid questions over Blackpink member’s contract renewal
K-pop group Blackpink may no longer be in your area as doubts rise over contract renewals.
Demand for lithium and other critical minerals is skyrocketing, IEA says, but concerns over supply linger
The development of sites that can mine and process critical minerals has a significant geopolitical aspect.
U.S. climate envoy John Kerry to visit China as talks pick up again
John Kerry, special presidential envoy for climate, is set to visit Beijing from July 16 to 19, according to announcements from the U.S. and China.
Singapore launches corruption probe involving transport minister
S. Iswaran is among several unnamed individuals currently assisting Singapore’s Corrupt Practices Investigation Bureau in investigations.
Vietnam’s digitalization efforts fuel startup scene
Vietnam’s national strategy on digital transformation aims to increase the digital economy’s share of gross domestic product to 20% by 2025.
