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Companies confront ‘trade down’ economy

Consumer companies like Nespresso say they’ve had to try harder to convince shoppers to pony up hundreds of dollars for coffee makers.

Sep 03, 2026 · Staff
Originally on Wedgetail
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Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC

Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."

Sep 03, 2026 · Staff
Originally on Wedgetail
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Colombia scraps 10 mining restrictions to lure investors

New government dismantles environmental restrictions as it seeks billions in mining investment through 2030.

Sep 03, 2026 · Staff
Originally on Wedgetail
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Kenya: Why I Ordered Tata Chemicals Out of Kenya - Ruto

[Capital FM] Nairobi -- President William Ruto has ordered Tata Chemicals to leave Kenya, accusing the Indian-owned company of extracting Kajiado's mi...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Two Arctic agreements, each worth over 1 trillion rubles, signed at EEF

Minister for the Development of the Russian Far East Alexey Chekunkov stressed that the projects would not be implemented all at once, given the scale...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
US energy firms dominate Venezuela deals worth billions

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the Uni...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Inside the booming ‘shadow fleet’ industry keeping rogue states afloat

Countries like North Korea and Russia are developing ever-more sophisticated tactics to dodge sanctions enforcement. Listen to The Conversation Weekly...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
UK Borrowing Costs Surge as Oil Shock Rattles Global Markets

The global rise in borrowing costs is a “particular concern,” the International Monetary Fund has said, as UK bond yields reach a level last seen in t...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Securing Navigation for Trans-Caspian Trade 

Since 2022, but particularly in 2026, hard maritime security issues on the Caspian Sea have started moving to the forefront.

Sep 03, 2026 · Staff
Originally on Wedgetail
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Revolut wins provisional US banking licence

Office of the Comptroller of the Currency approval is a milestone for UK-based fintech seeking American expansion

Sep 03, 2026 · Staff
Originally on Wedgetail
News
US pressure on Iran starting to tell, as sanctions and blockade bite

By Parisa Hafezi and Angus McDowallDUBAI, Sept 3 (Reuters) - A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping san...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Norway Seizes Russian Cruise Ship to Enforce Naftogaz's $4.22 Billion Claim

Norway has seized a Russian commercial cruise ship off the Svalbard archipelago at the request of Ukrainian oil and gas firm Naftogaz, which is seekin...

Sep 03, 2026 · Staff
Originally on Wedgetail