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In Brief
Spotlight

The USMCA negotiations are about more than trade  

The agreement provides the backbone for the North American economy. The dynamics of its renewal – which is likely to be delayed – are complicated.

Latest news

OpenAI pauses Stargate UK over regulation and energy costs – report

The initiative had been presented as a major boost to the country’s AI ambitions under UK Prime Minister Keir Starmer and Technology Secretary Liz Kendall.

Toyota Motor Europe builds a new digital hub in Poland

Wroclaw facility will develop applications, cloud infrastructure and cybersecurity solutions supporting connected services for Toyota and Lexus vehicles across Europe.

Indiana launches $60m Israeli tech start-up initiative

Governor Mike Braun has committed $15m in state funding to the initiative, with the Iron Nation partnership contributing upwards of $30m.

Chevron increases Venezuela heavy oil stake through asset swap with PDVSA

Chevron will transfer its 60% and full ownership interests in Plataforma Deltana Block 21 and Block 32 to Venezuelan entities.

Venezuela’s National Assembly ‌approves mining law

Acting President Delcy Rodríguez secured unanimous approval for the 131-article bill after an initial vote last month.

Aegon to sell UK business to Standard Life as it deepens US expansion

The transaction marks the completion of Aegon’s strategic review of its UK business and supports its plan to become a more US-centred life insurance and retirement group.

Dangote seeks $40bn to finance Africa expansion

The Afreximbank said it has been named as a supporting financier, although it did not disclose the financing amount or lending terms.