The U.S. State Department will unveil a one-year pilot program under which certain B-1 (business) and B-2 (tourist) visa applicants will be required to post refundable bonds of $5,000, $10,000 or $15,000 before their visas are issued. Scheduled to launch on August 20, the initiative will empower...

British bank Barclays Plc is exiting the industry climate organization Net-Zero Banking Alliance (NZBA). “Following careful thought, we have chosen to withdraw from the Net-Zero Banking Alliance,” stated Barclays. “With most international banks departing, the organization lacks the structure...

Spanish Repsol entity Repsol Resources UK has completed its merger with independent UK operator NEO Energy. According to Repsol, the merged entity is now called NEO NEXT and has established itself as one of the biggest producers on the UK continental shelf. Repsol E&P Group holds a 45% stake...

Air France-KLM raised its net profit in Q2 2025 by five times, while revenue grew by 6%. From April to June, the firm's net profit reached €605 million compared to €121 million during the same period last year. Air France-KLM's operating profit rose by 43%, reaching €736 million. The firm's...

UK fintech company Revolut is contemplating the acquisition of a US bank to swiftly acquire a US banking license, according to the Financial Times. As per the sources from the newspaper, Revolut intends to purchase an affordable financial institution, enabling it to conduct lending activities in...

Dubbing studios and voice performers around the world are confronting an unexpected adversary: artificial intelligence. Advances in AI-driven voice cloning and automated lip‑sync tools, once heralded as cost‑cutting innovations, now threaten to upend a $4.3 billion market in 2025 that is projected...

French company L'Oreal SA, the leading global cosmetics producer, showed sluggish revenue and adjusted profit increases in the first half of the year, as comparable sales growth fell short of market predictions. From January to June 2025, the firm's net profit totaled €3.37 billion, down from €3.66...

Chevron’s long‑awaited entry into the prolific offshore oilfields of Guyana became reality this week, as the U.S. supermajor closed its $55 billion acquisition of Hess Corporation and prevailed in a high‑stakes arbitration that cleared the way to assume a 30 percent stake in the Stabroek Block. The...

London’s equity market has long languished in the shadow of its European peers and the U.S. tech juggernaut, but a fresh wave of foreign capital is now steering toward the City’s “unloved” stocks. A combination of deeply discounted valuations, generous dividend yields, regulatory overhauls and...