Sophia Patel — Business & Finance Editor

European football’s governing body UEFA has issued a furious condemnation of proposals by FIFA President Gianni Infantino to sell private commercial stakes in major competitions including the World Cup, according to reports published by [The Times](https://www.bbc.com/sport/football/articles/c8xng9894z0o) and the [Financial Times](https://www.independent.co.uk/sport/football/fifa-world-cup-stakes-uefa-infantino-b3023154.html). UEFA Condemns FIFA Plan to Sell World Cup Stakes The initiative centers on the creation … Read more

Chinese automakers are accelerating shipments to Australia as domestic oversupply and shifting global trade rules redirect exports. Australia’s automotive landscape is undergoing a rapid transformation as Chinese car manufacturers pivot heavily toward the local market. Squeezed by oversaturated domestic conditions and tightening regulations at home, brands like BYD and Chery are exporting record volumes abroad. … Read more

Ratings agency Fitch warns that soaring tech valuations and unprecedented artificial intelligence spending are creating a major global credit risk, drawing comparisons to the late-1990s dotcom boom as capital markets and economic growth become deeply intertwined with the tech sector. The artificial intelligence boom and the growing threat of a market correction have emerged as … Read more

Beijing is actively building alternative international financial infrastructure, promoting the digital yuan, and leveraging gold reserves to reduce reliance on Western-dominated payment systems. While analysts note that the yuan still lags far behind the U.S. dollar in global reserves, these coordinated developments signal a long-term push to reshape global finance. Challenging the Dollar Through Alternative … Read more

South Korea’s Kospi index plunged nearly 11% on Tuesday, dragging down global semiconductor shares and sending ripples through cryptocurrency markets. The sharp sell-off coincided with falling oil prices and a cautious Wall Street ahead of a crucial Federal Reserve interest rate decision. Global financial markets experienced a severe jolt as a broad-based sell-off in artificial … Read more

El mercado cambiario en Colombia registra un comportamiento sorprendente con la cotización del dólar rondando los 3.200 pesos, e incluso reportando transacciones a 3.180 pesos. Según los últimos registros, la divisa estadounidense ha alcanzado niveles que no se registraban en el país desde 2018. Para entender esta coyuntura y los factores internos y externos que … Read more

South Korea’s Kospi index plunged nearly 11% on Tuesday, dragging down global equities and sparking a 2.7% drop in Bitcoin as a massive sell-off in chipmaking stocks gripped Asian markets. Equity markets faced a punishing session in Asia on Tuesday, led by a slump in South Korea that triggered multiple trading halts. The benchmark Kospi … Read more

La Guía Michelin se prepara para su nueva entrega de estrellas en la Argentina, este lunes 13 de julio. La novedad de esta edición es el formato: por primera vez, el anuncio será virtual, simplemente se verá reflejado en la página oficial de la publicación francesa, sin la gala que caracterizó a las ediciones anteriores. … Read more

Global chip stocks tumbled in New York and Asia as renewed jitters over artificial intelligence spending rattled investors. A wave of selling swept across international semiconductor markets as investors reassessed the sustainability of the artificial intelligence boom. The downturn struck major hardware producers in the United States and Asia as a sell-off in artificial intelligence-related … Read more

South Korea’s benchmark KOSPI index plunged more than 8 percent on Tuesday, July 28, 2026, triggering a market-wide circuit breaker. The steep sell-off, driven by escalating investor skepticism over tech giants’ heavy artificial intelligence spending, sent shockwaves through Asian semiconductor stocks and local currency markets. The Korea Exchange moved swiftly to suspend trading for 20 … Read more