Keywords: Business


Canada: New 50% U.S. Tariffs Threaten $20 Billion in Imports

The trade standoff between Canada and the United States is intensifying. In the absence of a last-minute agreement between Ottawa and Washington, new U.S. tariffs are set to take effect on Wednesday on a portion of Canadian products. The measure, announced by the White House as a response to what it......

Morocco ranks first in North Africa for economic freedom, 54th globally

Morocco has strengthened its position on the global economic freedom landscape, ranking 54th out of 161 countries in the 2026 Economic Freedom Index, with a score of 63.74 points, according to data attributed to the British Legatum Institute. The result places Morocco at the top of the North African......

Europe’s heatwaves expose a growing insurance gap for businesses

Europe’s increasingly frequent heatwaves are creating a financial challenge for businesses that traditional insurance policies often fail to cover, leaving companies to absorb losses caused by extreme temperatures. The problem is becoming more visible across sectors as prolonged periods of high......

Germany records first decline in corporate insolvencies since February

German corporate insolvencies declined in May 2026, marking the first annual decrease since February, according to data from Germany’s Federal Statistical Office. Local courts recorded 1,995 applications for corporate insolvency in May, down 2% from the same month a year earlier. Despite this......

Grok Bot pushes artificial intelligence toward autonomous digital work

The artificial intelligence industry is moving beyond traditional chatbots as new systems increasingly aim to perform tasks on behalf of users rather than simply respond to questions. Grok Bot is part of this emerging trend, offering AI agents designed to handle work from start to finish and involve......

Bill Gates’ daughter faces scrutiny over alleged cookie-stuffing practices at her digital shopping startup

Phoebe Gates, daughter of Microsoft co-founder Bill Gates, is facing scrutiny over allegations that her digital shopping company, Via, improperly used browser cookies to claim commissions on purchases made through partner retailers. Via, which Phoebe Gates co-founded with entrepreneur Sophia Kianni,......

Taiwan seeks diplomatic solution to travel disruption with Morocco

Taiwanese authorities are seeking clarification from Morocco after Rabat suspended the processing of documents required for short-term visa procedures, creating significant difficulties for Taiwanese citizens planning to travel to the North African country. Taiwan's Ministry of Foreign Affairs said......

Hiroshi Okuda, former Toyota chief and Prius pioneer, dies at 93

Hiroshi Okuda, the former chairman of Toyota who helped lay the foundations for the company’s global rise and backed the development of the pioneering Prius hybrid, has died at the age of 93, Toyota announced on Wednesday. The Japanese automaker confirmed Okuda’s death to AFP, following......

Vietnam plans 30% tax cut for small businesses to boost economic growth

Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......