Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
Mexico is preparing to raise tariffs on goods imported from countries that are not covered by free trade agreements, while ensuring that the duties remain compliant with World Trade Organization (WTO) rules,
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Blackstone Inc. has expanded its private credit facility for file-sharing platform Dropbox Inc. to $2.7 billion, just nine months after the initial deal, as part of the company’s efforts to strengthen its
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Global investment in clean hydrogen has surged past $110 billion, defying growing doubts about the fuel’s future following a wave of project cancellations, according to a report highlighted by the Financial Times.
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Anglo American Plc is in advanced talks to acquire Canada’s Teck Resources Ltd., in what could become the largest mining deal in more than a decade, just over a year after Anglo
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Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), plans to roll out a new long-term strategy aimed at boosting returns, supporting the local economy, and advancing the kingdom’s diversification away
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India’s automakers have emerged as the primary beneficiaries of the government’s recent decision to slash consumption taxes, a move expected to lift demand and improve profit prospects, Bloomberg reports. Since Prime Minister
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Indonesian financial markets are expected to face renewed volatility following the unexpected removal of Finance Minister Sri Mulyani Indrawati, raising concerns about potential central bank intervention, Bloomberg reports. The rupiah is set
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As Russia’s President Vladimir Putin celebrated new diplomatic victories this week—strengthening ties with India’s Prime Minister Narendra Modi, securing a “no limits” partnership with China’s Xi Jinping, and finalizing a long-anticipated Moscow-Beijing
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India is treading carefully following US President Donald Trump’s recent remarks that appeared to ease tensions between the two nations after weeks of strained relations. Trump’s comments, which described Prime Minister Narendra
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When HSBC Holdings Plc’s departing chief executive Noel Quinn walked out of the bank’s London headquarters for the final time in September 2024, he shared a heartfelt hug with his successor, Georges
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In Dubai, fortunes are being created at an unprecedented pace as new talent and capital flow into the city’s vibrant economy. Yet, according to Bloomberg, many of the largest individual wealth gains
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Health insurance premiums in the United States are set to see their largest rise in 15 years, intensifying concerns that American consumers are already strained by escalating living costs. The sharp increase
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Bangladesh’s central bank is working to raise its foreign-exchange reserves to around $40 billion by the end of the fiscal year in June to stabilize the exchange rate, Governor Ahsan H. Mansur
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A Chinese-made automated electric air taxi took off in Africa for the first time this week, marking a significant step in the global expansion of China’s low-altitude aviation sector. The flight, which
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China’s top anti-graft watchdog has launched an investigation into Yi Huiman, the former chair of the China Securities Regulatory Commission (CSRC), marking the latest high-profile case in President Xi Jinping’s sweeping anti-corruption
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