Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
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JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
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Donald Trump’s sweeping cuts to U.S. renewable energy subsidies have thrown the industry into turmoil, raising fears that the country will fall behind in meeting surging power demand driven by the artificial
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Singapore-based container shipping group SeaLead has denied ties to the Iranian regime after U.S. sanctions forced it to withdraw a third of its fleet from service, according to the Financial Times. The
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The Commonwealth Bank of Australia (CBA) has scrapped plans to eliminate 45 customer service roles after pressure from the Finance Sector Union (FSU), which challenged the bank’s reliance on artificial intelligence as
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India is witnessing a revival in clean-energy initial public offerings (IPOs) as companies seek to capitalize on Prime Minister Narendra Modi’s aggressive renewable energy targets, Bloomberg reported. The rebound began this week
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U.S. equities tumbled this week, with the S&P 500 shedding roughly $1 trillion in market value as a tech-driven selloff intensified ahead of anticipated Federal Reserve guidance on interest rates. The S&P
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Blackstone Inc.’s head of secondaries, Verdun Perry, called the buying and selling of existing private assets “the most underutilized tool” in private markets, forecasting that secondaries deal volume could surge to $400
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Russia’s oil production and exports are projected to remain stable this year, even as the industry faces its most difficult period since the Covid-19 pandemic, according to Moscow-based Kasatkin Consulting. The firm
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Temasek Holdings Pte is considering one of its most significant restructurings in years, with a proposal to split its operations into three investment vehicles aimed at boosting efficiency and returns, according to
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America could soon claim part of the production of the iconic Swiss Army knife, as Victorinox considers moving some of its operations to the United States in response to heavy import tariffs,
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Tesla on Tuesday unveiled its latest model for the Chinese mainland market — the Model Y L, a six-seat sport utility vehicle (SUV) priced from 339,000 yuan ($47,182). The move comes as
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The Trump administration announced it will step up scrutiny of imports of steel, copper, lithium, and other materials from China to enforce a US ban on goods allegedly produced with forced labor
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US Treasury Secretary Scott Bessent said some of India’s wealthiest families benefited from purchases of Russian crude, while reaffirming plans to raise tariffs on the country, Bloomberg reports. In a CNBC interview,
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Kelly Zong, chairwoman of Hangzhou Wahaha Group Co. and daughter of the late beverage tycoon Zong Qinghou, is seeking to appeal two Hong Kong court orders restricting her access to $1.8 billion
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