Turning the Tap Back On: OPEC+ Prioritizes Market Share With Major Output Hike

Opening NarrativeImagine a long-stilled tap suddenly opening wide—this week, OPEC+ plans to release an extra 548,000 barrels of oil per day starting in August, a dramatic shift from its former tight-supply strategy . The Plot Twist After three consecutive monthly output boosts (May–July of 411,000 bpd each), OPEC+ is stepping up pace. This policy reversal is…

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€40 Million Blow: Shein Penalized in France Over Fake Discounts

Body:French regulators have imposed a €40 million fine on Shein’s French operations following a nine-month investigation that uncovered widespread misleading discounting and environmental claims. Key findings from the probe: Why it stands out: What’s next: Bottom line:This is a landmark ruling that strikes at fast fashion’s core tactics, emphasizing transparency and accountability. Shein may have…

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Air France‑KLM Sets Its Sights on SAS: Majority Ownership in Sight

France‑based Air France‑KLM will boost its stake in SAS from 19.9% to 60.5% by acquiring shares from Castlelake and Lind Invest. Timing and Financials: Strategic Rationale: Key Insights: What to Watch: Final take:If successful, the deal strengthens AF‑KLM’s pan-European network and helps SAS anchor itself as a leading Nordic carrier under a strong airline group….

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Conscription Debate: Businesses Fear Labour Drain

Body:Germany is again mulling conscription as Defence Minister Boris Pistorius warns that volunteer recruits may not be enough for the Bundeswehr’s needs. This has sparked alarm in the business world, where a serious talent crunch is already underway. 🔍 What’s at Stake ⚠️ Business Warnings SMEs warn that drafting even limited cohorts could disrupt hiring pipelines…

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ADX, FAB & HSBC launch MENA’s first tokenized bond—signal accelerating RWA adoption

A historic moment in MENA financial markets: Abu Dhabi Securities Exchange (ADX) is set to list the region’s first blockchain-based bond, issued by First Abu Dhabi Bank (FAB) and powered by HSBC’s Orion digital issuance platform. This initiative marks a major milestone in the tokenization of real-world assets (RWA). 🧱 Breaking Down the Innovation ✅…

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TCI soars 21% in 2025: Chris Hohn’s activist strategy dominates peers

Lead ParagraphSir Chris Hohn’s hedge fund, The Children’s Investment Fund (TCI), has delivered a 21% return in 2025—dramatically outperforming both public equity markets and other marquee hedge funds through a blend of focused stock picks and decisive corporate engagement. 💡 Key Takeaways 🔍 Top Contributors 🐢 Underperformers & Strategy Insights 🏛️ Activist Investment Style 📊…

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🏦 Peter Thiel among Tech Titans Backing “Erebor” to Rival Silicon Valley Bank

A consortium of high-profile tech entrepreneurs—including Peter Thiel’s Founders Fund, Palmer Luckey, and Joe Lonsdale—is launching Erebor, a digital-first U.S. bank aimed at filling the void left by the collapse of Silicon Valley Bank in March 2023. 🧭 Strategic Vision & Scope 🪙 Crypto & Stablecoin-Centric Model 🎯 Market Opportunity 💼 Significance of Backers 🧱 Why Erebor Matters 🔍 Risks…

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⚖️ Standard Chartered Faces $2.7B Lawsuit Over 1MDB Scandal

Singapore’s High Court has been served with a landmark $2.7 billion lawsuit brought by liquidators of Malaysia’s notorious 1MDB sovereign wealth fund. They allege that Standard Chartered enabled more than 100 intra-bank transfers between 2009 and 2013 that helped conceal misappropriated funds, including payments to former Malaysian Prime Minister Najib Razak and luxury purchases for his…

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Trump’s Ultimatum Spurs Canada’s Internal Trade Overhaul

Executive Summary In response to sharp threats from former U.S. President Donald Trump—tariffs, trade talk suspensions, even talk of annexation—Canada is fast-tracking a major internal reform. These long-entrenched interprovincial trade barriers, once tolerated as provincial sovereignty, are now targeted for dismantling under the banner of the “One Canadian Economy” initiative. Spearheaded by Internal Trade Minister…

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