Prime Focus
US Construction Spending Edges Up 0.1% in May but the Story Underneath Is Divergence, Not Growth
US construction spending rose a statistically marginal 0.1% in May to a seasonally adjusted annual rate of $2.21 trillion, according…
FedEx Sells Its Warehousing Arm to CMA CGM for $1.4 Billion in Another Step Toward Pure-Play Parcel Delivery
FedEx has agreed to sell its contract logistics subsidiary, FedEx Supply Chain, to French container shipping and logistics group CMA…
AI Is the Only Thing Anyone Talked About at Sintra – and Nobody Has the Answers
Artificial intelligence dominated the ECB's three-day annual forum in Sintra, Portugal to an extent that surprised even veteran observers of…
Nigeria’s Unbudgeted Spending Reaches N8.83trn, Widening Fiscal Deficit by 2% of GDP as IMF Raises Alarm
Nigeria's fiscal position has deteriorated sharply, with unbudgeted expenditures reaching N8.83 trillion and pushing the country's fiscal deficit wider by…
South Korea’s Inflation Hits 2.5-Year High, Pressuring the Central Bank on Interest Rates
South Korea's consumer price inflation accelerated to its highest level in two and a half years, reigniting debate about the…
Trump’s 100% Tariff Threat on Europe Puts Global Economy and Digital Trade at a Breaking Point
The United States and the European Union are edging closer to a significant trade confrontation, one that carries real consequences…
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