Business and Economy

Business and Economy Latest News

Steel startup aims to keep Sweden's green industry dream alive
Steel startup aims to keep Sweden's green industry dream alive
by  AFP

The spectacular fall of battery maker Northvolt led to fears over several Swedish green industry projects, but startup steelmaker Stegra believes it can confound the doubters. Behind Stegra is investment firm Vargas Holding, which was also a co-founder of battery maker Northvolt.

Trump touts 'done' deal with Beijing on rare earths, Chinese students
Trump touts 'done' deal with Beijing on rare earths, Chinese students
by  AFP

US President Donald Trump touted ties with China as "excellent" on Wednesday, saying the superpowers reached a deal after two days of talks aimed at preserving a truce in their damaging trade war. "Our deal with China is done," Trump wrote, adding that the agreement was still "subject to final approval with President Xi (Jinping) and me."

US inflation edges up as Trump tariffs flow through economy
US inflation edges up as Trump tariffs flow through economy
by  AFP

US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as President Donald Trump's sweeping tariffs began to ripple through the world's biggest economy. Despite the wide-ranging duties, analysts said it will take months to gauge the impact on consumer inflation.

Energy

Money

Industry

Technology

Economy