Global liquefied natural gas supply chains produce approximately 350 million tons of carbon dioxide equivalent annually, comparable to the yearly emissions of Italy; however, these emissions could be reduced by 60% for $100 billion, according to Bloomberg, referencing a report from the International Energy Agency (IEA). Simultaneously, merely decreasing methane leaks could lower yearly emissions...

UBS analysts forecast that the worldwide market for humanoid robots may reach $1.4-1.7 trillion by the year 2050. Their projections indicate that the market will see the addition of 2 million such robots in a decade, and by 2050, their total could rise to 300 million, which would assist in addressing labor shortages. The report indicates that the potential for employing robots arises from the...

Contract iPhone maker Foxconn shipped 97% of smartphones manufactured in India to the US between March and May 2025, Reuters reported, citing customs data. The figure is significantly higher than last year, when the US received about 50.3% of iPhones manufactured in India, and reflects Apple's efforts to circumvent high U.S. tariffs imposed on China, the newspaper noted. The total value of...

According to Brand Finance, the German automobile manufacturer Porsche has retained its position as the top brand in the luxury goods sector for the eighth year in a row. Concurrently, the company's value dropped by 4.6% over the previous year to reach $41.1 billion. The manufacturer of perfume Chanel secured second place (+45.4%, reaching $37.9 billion), while the renowned bag brand Louis...

According to the head of commodities research at Bank of America Corp. Francisco Blanch, Saudi Arabia has initiated a strategy characterized by a prolonged price war aimed at reclaiming its lost share in the global oil market, as reported to Bloomberg TV. “This price competition will not be sudden and temporary, but rather extended and gradual,” he stated.  The analyst indicated this is...

Bloomberg writes, citing sources, that Yale University is wrapping up an agreement to sell its private equity and venture capital holdings for $2.5bn. Sources indicated that the university's endowment fund is currently in an advanced phase of negotiations regarding the sale of these assets. The portfolio is anticipated to be sold at a discount of under 10 percent, although prospective purchasers...

In 2025, investments in the upstream segment by oil and gas companies could drop for the first time in five years, decreasing by 4% to just below $570 billion. This is the prediction made by analysts at the International Energy Agency (IEA) in the yearly report World Energy Investment. Specifically, funding for oil exploration and production will decline by 6%, whereas investments in gas will see...

The European Central Bank stated in its forecast that consumer prices in the eurozone will rise by 2% in 2025 and by 1.6% in 2026. The document was released following a forecast where the ECB reduced rates by 25 bps. Three months prior, the regulator predicted inflation for 2025 at 2.3 percent and for 2026 at 1.9 percent. The update is because of anticipated decreases in energy expenses and a...

According to Reuters, citing the German Finance Ministry, the German government approved a tax relief package worth €46 billion to aid businesses and the overall economy from 2025 to 2029. The package includes advantageous depreciation regulations that enable businesses to decrease the asset value more rapidly, allowing for reductions of up to 30% annually during the initial three years. ...