Read the latest news from regional and global sources, presenting different voices and perspectives.
Bankrupt Jewellery Retailer Claire’s to Sell Its North America Business
The Business of Fashion
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August 20, 2025
Fashion jewellery retailer Claire’s said on Wednesday it would sell its North America business to private equity firm Ames Watson for an undisclosed amount, as the company aims to cut losses while navigating ongoing US bankruptcy proceedings. The...
Press review: EU seeks role in Ukrainian settlement and China’s top diplomat visits India
TASS
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August 20, 2025
MOSCOW, August 20. /TASS/. The European Union is seeking to insert itself in negotiations to end the Ukraine conflict, and China’s top diplomat traveled to India amid warming ties. Meanwhile, US President Donald Trump plans to abolish mail-in...
Rachel Reeves' blunder forces businesses to ‘hit brakes’ - told to do 3 things instead
Daily Express
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August 20, 2025
Rachel Reeves has been told that UK businesses have had to "hit the brakes" after she hiked taxes on employers. Sanjay Odedra, Director of Communications and Campaigns at BusinessLDN, said: “With inflation accelerating and growth slowing, many...
German Foreign Minister warns Indo-Pacific tensions threaten European interests
News.Az
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Germany’s Foreign Minister Johann Wadephul warned on Wednesday that rising tensions in the South China Sea and Taiwan Strait pose serious threats to global security, including European economic and strategic interests. Speaking during a visit to...
Realignment with EU food rules would cause 'some pain'
Farmers Weekly
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August 20, 2025
A sheep industry leader has warned total harmonisation with EU food rules as part of a future sanitary and phytosanitary (SPS) deal would cause “some pain” for exporters of animal products. Phil Stocker, chief executive of the National Sheep...
Armenian Prime Minister, Iranian President participate in Armenian-Iranian business forum in Yerevan
Finport
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ArmInfo. Armenian Prime Minister Nikol Pashinyan and President of the Islamic Republic of Iran (IRI) Masoud Pezeshkian participated in the opening of the Armenian-Iranian business forum. The forum aims to promote deepening and diversifying trade...
House committee urges probe into Spain-Huawei wiretap deal over security concerns
NE Washington News
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August 19, 2025
Cathy McMorris Rodgers - Chair of the House Energy and Commerce Committee | Official U.S. House headshotCathy McMorris Rodgers - Chair of the House Energy and Commerce Committee | Official U.S. House headshot Republican leaders from the House...
The hidden pitfalls of AI in the cloud: here's what businesses need to know
TechRadar
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August 20, 2025
Artificial intelligence has firmly established itself as a cornerstone of modern business transformation. From enhancing customer service to streamlining operations and uncovering insights from data, AI’s role in the enterprise is no longer...
Cyprus records lowest inflation rate in EU in July
Cyprus Mail
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August 20, 2025
Prices in Cyprus rise only 0.1 per cent year on year in July Cyprus recorded the lowest inflation rate in the European Union in July 2025, figures by both Eurostat and the Cyprus Statistical Service (Cystat) showed on Wednesday. Specifically, the...
Moldova announces €200mn EU-backed high-tech park near Chisinau
BNE Intellinews
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Moldova will build its first large-scale high-tech park in the Chisinau suburb of Stauceni with an investment of €200mn funded through the European Union Development Plan with private sector participation, government officials said on August 19....
AP Business SummaryBrief at 5:50 a.m. EDT
Voice of Alexandria - Minnesota
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Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes LONDON (AP) — Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market expectations that...
EU’s Kallas says new Russia sanctions package to be ready in September
The Straits Times
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August 19, 2025
BRUSSELS - European Union foreign policy chief Kaja Kallas said on Aug 20 the EU would continue targeting Russia’s war economy and that the next sanctions package against Moscow should be ready by September. She was speaking after a virtual...
AFRICAN DEVELOPMENT SPECIAL / Consultant: TICAD 9 Offers a Wealth of Opportunities for Japanese Companies; Firms Should Seize These Chances to Expand into New Fields, Create New Businesses
The Japan News
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August 20, 2025
Courtesy of Yukari Umemoto Yukari Umemoto The Yomiuri Shimbun 17:17 JST, August 20, 2025 Yukari Umemoto is the managing director of Africa Business Partners. The following is an excerpt from an interview she gave to The Yomiuri Shimbun about the...
KEY POINTS: What changes about life in Spain in September 2025
The Local - Spain
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August 20, 2025
Spain to vote on a shorter work week, new push to ban prostitution, anti-smoking law up for debate, new flights to Turkey and Iceland, festivals, tourist let bans and more. Here are the key changes to life in Spain in September 2025. Ryanair’s...
Albanian firms lead Balkans in AI adoption
Gazeta Tema
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August 20, 2025
TIRANA, Aug 20 (TemA) – Albanian companies are adopting artificial intelligence faster than peers in the Balkans and the EU, despite a wider tech gap, a regional survey said. The Regional Cooperation Council found 12% of Albanian firms used AI in...
Report: Russian Sabotage Operations In Europe Have Quadrupled Since 2023
Radio Free Europe - Radio Liberty
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August 20, 2025
Russia has dramatically increased sabotage operations throughout Europe, a new report has found, with the number of attacks targeting critical infrastructure nearly quadrupling since 2023. The findings, by the International Institute for Strategic...
Bloomberg: Trump asked Hungarian Prime Minister Orban not to block Ukraineʼs entry into the EU
Babel
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During a meeting in Belo Horizonte, European leaders asked the US President Donald Trump to use his influence on Hungarian Prime Minister Viktor Orban to refuse to block Ukraineʼs entry into the European Union. Bloomberg writes about this, citing...
The attack on “Druzhba” did not affect oil supplies to the EU. The European Commission denied Hungaryʼs statement
Babel
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The suspension of oil transit from Russia via the “Druzhba” oil pipeline due to a possible attack by Ukrainian drones does not threaten the energy security of the European Union countries. This was stated by European Commission spokeswoman Eva...
ECB President Christine Lagarde says US-EU trade deal near ECB baseline
Brussels Morning
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August 20, 2025
Geneva (Brussels Morning Newspaper) – European Central Bank (ECB) President Christine Lagarde said that the trade agreement between Washington and Brussels is close to the baseline assumed by the ECB, but uncertainty remains in key areas like...
Xiaomi Corp. announced plans to enter the European EV market by 2027
Cryptopolitan
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August 20, 2025
Chinese multinational tech company Xiaomi declared plans to take on Tesla and BYD in the European EV market by 2027, following stellar sales in Q2 2025. Xiaomi’s President, Lu Weibing, said the company’s business model in China could be applied...