Business & Economics

929 stories · Page 82 of 93

France-Italy Bloc Halts Last-Minute Signing of EU-Mercosur FTA

On 18 Dec 2025, Paris and Rome formally withheld consent at the Brussels summit, stripping Ursula von der Leyen of the qualified majority she needed to sign the 780-million-consumer EU-Mercosur free-trade agreement in Brazil two days later.

ByteDance Cuts Deal to Spin Off TikTok US Days Before Ban Trigger

On 19 Dec 2025 ByteDance signed binding agreements to place 50 % of TikTok’s U.S. business into a new joint venture with Oracle, Silver Lake and MGX, slated to launch 22 Jan 2026—one day before President Trump’s latest enforcement deadline.

India and Oman Seal CEPA Granting Near-Total Duty-Free Market Access

On 18 Dec 2025 in Muscat, Prime Minister Narendra Modi and Sultan Haitham bin Tarik concluded a Comprehensive Economic Partnership Agreement that wipes tariffs on 98.08 % of Omani lines for Indian exports and liberalises labour mobility, while Modi was simultaneously decorated with the Order of Oman during the visit marking 70 years of bilateral ties.

Amazon Courts OpenAI With $10 B+ Cash-for-Compute Pact

Amazon entered fluid negotiations to inject over $10 billion into OpenAI in exchange for the startup shifting part of its training workload onto AWS’s in-house Trainium chips, marking the first mega financing round since OpenAI ended Microsoft’s cloud exclusivity in October 2025.

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