Economy

Mukesh Ambani’s Jio Platforms is preparing a share sale that could raise $4 billion and shatter India’s IPO records. Here’s what we know so far.

Trump says prices are dropping thanks to a new peace deal, but the data tells a more complicated story. Gas is cheaper — groceries, rent, and eggs? Not so much.

Two decades after watching Nokia’s mobile empire crumble, Finland is determined not to repeat history with artificial intelligence. The Nordic nation is rolling out an ambitious plan to keep its AI talent and startups from migrating to Silicon Valley or being swallowed by tech giants.

European policymakers are pushing for tougher measures to regulate stablecoins following fresh concerns about their stability and systemic risks. A new proposal from Brussels-based think tank Bruegel outlines comprehensive steps to prevent potential financial contagion.

The European Commission ordered Meta to restore WhatsApp access for rival AI assistants, citing Digital Markets Act violations. The tech giant faces fines up to $13 billion if it doesn’t comply within 30 days.

Global investors are bracing for more turbulence as technology stocks extend their slide and geopolitical tensions send oil prices on a roller coaster. It’s a double blow that’s testing market resilience on multiple fronts.

A federal judge has blocked the Trump administration’s plan to impose a $100,000 fee on H-1B visa applications, rejecting what would have been a nearly 200-fold cost increase. The ruling preserves current visa fees and deals a major setback to proposed immigration restrictions.

Major economies are tightening controls over scrap aluminum exports in a coordinated shift that’s reshaping global recycling markets. The EU, US, Japan, UAE, and South Africa have all strengthened policies to retain these strategic resources domestically.

The European Union is preparing to enforce new equal pay regulations requiring employers to enhance transparency and address gender wage gaps, with legal experts outlining a seven-step compliance plan for businesses.

The European Commission’s proposed 28th company-law regime, dubbed EU Inc, aims to give startups a single pan-European legal form and cut cross-border scaling costs. As part of the post-Draghi competitiveness agenda, it promises a unified market entry across 27 states but raises concerns over labour standards and national co-determination.