ABE NEWS | September 4, 2026 The artificial-intelligence race has produced enormous chip orders, gigantic data centres and technology companies spending hundreds of billions of dollars on computing infrastructure. Now it is producing something else: enormous amounts of debt. ByteDance, the Chinese technology giant behind TikTok and Douyin, has secured a staggering $29.6 billion…
ABE NEWS | August 31, 2026 India has opened its new financial year with another powerful economic performance, expanding 7.8% year-on-year during the April–June quarter and beating expectations as investment, manufacturing, financial services and domestic demand helped the world’s most populous country maintain growth that most major economies can only envy. The result exceeded…
ABE NEWS | September 3, 2026 America has spent the past several years racing to build the physical infrastructure required for artificial intelligence. Now communities are beginning to ask a different question: Who is paying for it? Across the United States, enormous AI data centres are colliding with growing concerns over electricity prices, water…
Inflation in the United States just delivered some encouraging news. Consumer prices rose only 0.1% in July, while annual inflation eased to 3.4%, down from 3.5% in June. Core inflation, which removes the more volatile food and energy categories, also moved lower to 2.5% annually. For households that have spent years dealing with rising…
ABE NEWS | August 29, 2026 Niger has been plunged into a new political and security crisis after mutinous soldiers launched attacks across the capital, Niamey, targeting some of the most sensitive locations in the country — including the presidential palace, international airport and a major military airbase. Heavy gunfire and explosions echoed through…
ABE NEWS | September 4, 2026 Africa could be days away from one of the biggest stock-market listings in its history. Nigeria’s Dangote Group is preparing to sell shares in the Dangote Petroleum Refinery, the enormous Lagos-based industrial complex built by billionaire entrepreneur Aliko Dangote. According to people with direct knowledge of the transaction,…
ABE NEWS | September 12, 2026 For years, Washington’s message to China’s auto industry has been remarkably clear: Chinese cars are not welcome in the United States. Tariffs have made imported Chinese electric vehicles prohibitively expensive. National-security rules targeting Chinese software and hardware have created another formidable barrier. Republicans and Democrats have increasingly treated China’s…
Canada and the United States are talking. But they still don’t have a deal. And with an August 19 tariff deadline getting closer, what looks like another disagreement between governments could soon become a much bigger issue for businesses, workers and consumers. Canadian officials are reportedly unhappy with Washington’s latest proposal to reduce tariffs, suggesting…
ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…
ABE NEWS | August 31, 2026 Canada’s escalating trade confrontation with the United States is threatening to hit two companies that are not Canadian and not American particularly hard. They are Japanese. Toyota and Honda have spent decades building enormous manufacturing operations in Ontario, turning Canada into an important production base for some of…
