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The Business section covers the forces shaping markets, companies and economies around the world. Expect coverage of corporate strategy, banking and finance, trade policy, currency movements, regulation and the broader economic trends that affect households and industries alike.

Stories here track both major institutions and everyday economic shifts, offering context on how financial decisions, mergers, disputes and policy changes ripple through global and local markets.

Business· Developing

Brazil and China trade hits record 143 billion dollars on surging oil flows

Trade between Brazil and China reached a record US$143 billion in the first nine months of the year, driven by Brazilian oil sales that surged after the war on Iran disrupted Gulf supply, according to a report by the Brazil-China Business Council. Brazilian exports to China rose 12 per cent to US$84.7 billion between January and September, while imports from China grew 9.9 per cent to US$58.6 billion, the council said in its quarterly analysis of government data. The resulting US$26.1 billion...

Finance· Developing

Social Security payments to rise 3.6 percent in 2027 amid inflation pressures

‘Seniors have spent years watching their expenses outpacing their benefits’ advocate says Social security recipients will see a 3.6% cost-of-living adjustment (Cola) in 2027, increasing retirement benefits by an average of $75 a month as millions of Americans continue to grapple with rising prices. Nearly 72 million social security beneficiaries will see higher payments beginning in January 2027, while approximately 7.3 million supplemental security income (SSI) recipients will receive increased payments starting on 31 December 2026, according to the Social Security Administration. Continue reading...

Business· Verified

IMF warns global economy ‘could soon test the limits of resilience’

World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026 Developing nations face triple shock, UN warns The global economy “could soon test the limits of resilience”, as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned. In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the Middle East conflict better than feared over the past six months. Continue reading...

Business· Verified

Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises

US economists developed models that help central bankers and finance ministers to stabilise their economies Business live – latest updates Two US economists have won the 2026 Nobel economics prize for their work developing models that help central bankers and finance ministers to stabilise their countries, avoiding long recessions and runaway inflation. Robert Hall of Stanford University, California, and Michael Woodford of Columbia University, New York, were recognised for developing the “microeconomic foundations of macroeconomic stabilisation”, giving policymakers better tools to smooth out the peaks and troughs of their economies. Continue reading...

Business· Verified

How China and the EU pressed pause on trade war – and what it took to get there

Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war. Beijing agreed not to retaliate against Brussels’ move to curb imports of Chinese hybrid cars,...

Business· Verified

Japan beer giants raided over suspicions they colluded to set the price of beverages

Investigators probe Asahi, Kirin, Suntory and Sapporo breweries – which together control more than 90% of Japan’s beer market Japanese authorities have raided the country’s four biggest breweries over suspicions they colluded to set the price of beer and other beverages – a practice media reports said could have forced drinkers to pay over the odds. Officials from the Fair Trade Commission this week searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries – which together control more than 90% of the domestic market. The quartet are suspected of violating the anti-monopoly law. Continue reading...

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