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Aug 21, 2025 | Fossil Fuels

Exxon Mobil was the leading oil and gas producing company worldwide by net income as of 12-month rolling data from August 2025. Many oil supermajors are among the most profitable oil and gas companies. Exxon Mobil's net income was highest in 2022, when it reached more than 50 billion U.S. dollars.

Oil and gas industry

The oil and gas industry is one of the largest industries worldwide. This sector is involved in exploration, extraction, refining, transport, and marketing of petroleum commodities. Many industries rely heavily on oil and gas products as fuels and feedstocks. It is no wonder then that oil and gas companies are regularly among the most profitable companies worldwide.

State-owned enterprises are largest producers

State-owned businesses are among the largest within the oil and gas industry. Saudi Arabia's Saudi Aramco is by far the leading oil company worldwide based on daily oil production, at over 10 million barrels per day. ExxonMobil was the largest non-state-owned oil producer, at three million barrels per day in 2024.

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Aug 22, 2025 | Currencies

A league table of the 120 cryptocurrencies with the highest market cap reveals how diverse each crypto is and potentially how much risk is involved when investing in one. Bitcoin (BTC), for instance, had a so-called "high cap" - a market cap worth more than 10 billion U.S. dollars - indicating this crypto project has a certain track record or, at the very least, is considered a major player in the cryptocurrency space. This is different in Decentralize Finance (DeFi), where Bitcoin is only a relatively new player.

A concentrated market

The number of existing cryptocurrencies is several thousands, even if most have a limited significance. Indeed, Bitcoin and Ethereum account for nearly 75 percent of the entire crypto market capitalization. As crypto is relatively easy to create, the range of projects varies significantly - from improving payments to solving real-world issues, but also meme coins and more speculative investments.

Crypto is not considered a payment method

While often talked about as an investment vehicle, cryptocurrencies have not yet established a clear use case in day-to-day life. Central bankers found that usefulness of crypto in domestic payments or remittances to be negligible. A forecast for the world's main online payment methods took a similar stance: It predicts that cryptocurrency would only take up 0.2 percent of total transaction value by 2027.

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Aug 21, 2025 | Podcast

As of July 2025, a survey found that the most popular podcast genre in the United States was comedy, with 37 percent of respondents to a survey stating that they were listening to podcasts designed to make them laugh. Podcasts on news and politics as well as sports were also popular choices.

Podcasts are becoming increasingly popular

Podcasts have become a go-to form of audio entertainment, with digital episodes on different topics being either streamable or downloadable for easily accessible consumption. The number of podcast listeners within the United States is estimated to surpass a listenership of 100 million consumers in 2028.

Podcast market leaders

Within the constantly growing market for podcast, the globally leading podcast publisher in 2024 was iHeartRadio with nearly 650 million  unique streams and downloads and views. In 2022, a study found that YouTube, Apple Podcast and Spotify were the most popular platforms to access podcast among Americans.

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Aug 21, 2025 | Banks

The “big four banks” in the United States are JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. These banks are not only the largest in the United States, but also rank among the top banks worldwide by market capitalization, with JPMorgan Chase being the most valuable bank in the world.

Total assets of banks

As the largest bank in the United States, JPMorgan Chase had total assets worth close to 3.8 trillion U.S. dollars as of June 2025. Despite being the bank with the highest market capitalization in the world, the bank ranked only fifth in terms of total assets worldwide, while the top four positions were all held by Chinese banks.

Stability in the banking sector in the United States

In early 2025, all the "big four" banks in the United States maintained a common equity tier 1 (CET1) capital ratio significantly above the required minimum of 4.5 percent. JPMorgan Chase reported a CET1 ratio of 15.42 percent. Meanwhile, the highest CET1 ratio among U.S. banks during this period was 17.56 percent, achieved by TD Bank, the 12th largest bank in the country in the first half of 2025.

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Aug 22, 2025 | Mobility services

In 2025, the revenue of the ride-hailing market in China was estimated at 62.3 billion U.S. dollars. That year, India's ride-hailing market revenue was projected at 8.3 billion U.S. dollars.

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Aug 22, 2025 | Emissions

As of August 2025, the average monthly air quality index in Beijing stood at 70, which is within the “Moderate” range, making it one of the months with better air quality compared to the rest of the year. 

Air Pollution in Beijing

For years, Beijing has earned a notorious reputation for having air quality detrimental to health. For the same survey period, Beijing has the worst average air quality among other Chinese cities such as Chengdu, Shanghai, Guangzhou and Shenyang. The pollution caused by PM2.5 has been worsening since 2008 as the manufacturing industry around the capital grew and the demand for energy and heat increased. However, since the government began to tackle the issue, pollution levels in Beijing have improved significantly.

Causes of air pollution in China and tackling the root cause

Much of the air pollution in China is associated with the burning of coal, especially in the industrial sector, and transportation. With the emergence of the public health concern, the Chinese government also introduced plans to ease the air pollution, including setting targets for fine particulate matter, completion of construction and renovation of pollution control facilities, introducing vehicle control, and electrifying the fleet of public buses. In addition, the popularity and prevalence of electric vehicles also contributed to the reduced exhaust fume-based pollution.

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Aug 22, 2025 | Residential Real Estate

The house price to income index in Europe declined in 13 of the 28 European countries in 2024, indicating that income grew faster than house prices. Portugal had the highest house price to income index ranking, with values exceeding 148.8 index points. Romania and Finland were on the other side of the spectrum, with less than 100 index points.

The house price to income ratio is an indicator for the development of housing affordability across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. A ratio higher than 100 means that the nominal house price growth since 2015 has outpaced the nominal disposable income growth, and housing is therefore comparatively less affordable. In 2024, the OECD average stood at 117.4 index points.

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Aug 20, 2025 | Beer

Fou' Foune was the highest-rated craft beer in Belgium in 2025, with a weighted average rating of 4.51 out of 5. The brewery that produced this beer, Brasserie Cantillon, was also the highest-rated microbrewery in Belgium in 2025.

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Aug 22, 2025 | Brands & Leaders

In 2025, Mexican beer Corona Extra was the most valuable brand in Latin America at approximately 13.4 billion U.S. dollars. The Brazilian bank Itaú ranked second with 8.6 billion dollars. 

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Aug 22, 2025 | Real Estate Companies

Goodman Group was the real estate investment trust (REIT) with the largest market cap in Australia as of August 22, 2025. The market cap, or the aggregate value of the total outstanding shares of the company, was approximately 47 billion U.S. dollars during that period. Goodman Group also had the second-highest five-year return on investment among all companies in the ranking. Nevertheless, Charter Hall Long WALE REIT topped the ranking in terms of dividend yield. Charter Hall Long WALE REIT had the highest EBITDA margin, with earnings before interest, taxes, depreciation, and amortization amounting to almost 66.45 percent of the company's revenue.

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