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
Boeing Co. is preparing for its first strike at its St. Louis-area defense plants in nearly 30 years, after 3,200 union machinists voted to reject the company’s latest contract offer, setting the
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Shares in Europe’s largest banks have surged to their highest levels since the 2008 global financial crisis, buoyed by a sharp rise in long-term interest rates and a renewed investor appetite for
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OPEC+ has reached a consensus in principle to significantly boost oil production by 548,000 barrels per day starting in September, marking a crucial step in reinstating previously halted supply volumes. According to
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Donald Trump’s Super PAC, Maga Inc., has amassed a staggering war chest of nearly $200 million, fueled largely by a wave of donations from the cryptocurrency industry, according to documents filed with
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Tesla has been found partly liable for a fatal 2019 crash involving its Autopilot system and ordered to pay more than $240 million in damages, marking a significant legal and reputational setback
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ExxonMobil has called on the Trump administration to use ongoing trade negotiations with the European Union to push back against a sweeping set of new EU climate and human rights regulations, which
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After months of intense debate and political gridlock, Lebanese lawmakers have passed a crucial banking restructuring law, marking a significant milestone in the country’s efforts to revive its shattered financial sector. The
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Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings is facing mounting legal and geopolitical pressure as the Panamanian government moves to challenge the legitimacy of its long-standing ports contract, prompting concerns over
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Russia’s international reserves have surged to an all-time high of $695.5 billion at the end of July, according to data released by the country’s central bank on Thursday. The new figure surpasses
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A Hong Kong court has ordered a freeze on a key HSBC bank account at the center of a high-profile legal battle involving the multibillion-dollar inheritance of Zong Qinghou, the late founder
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In a move symbolizing the rekindling of close diplomatic ties between Argentina and the United States, President Javier Milei welcomed U.S. Homeland Security Secretary Kristi Noem to the Casa Rosada on Monday.
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Germany’s finance minister Lars Klingbeil has sounded the alarm over a €170bn budget gap that he warned poses a “massive challenge” to the country’s ruling coalition, even as Europe’s largest economy moves
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Wall Street is growing increasingly impatient with Meta CEO Mark Zuckerberg’s secretive push into advanced artificial intelligence, as he pours billions into a mysterious new “superintelligence lab” while offering enormous incentives to
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In a landmark ruling hailed as a critical moment in Ukraine’s fight against corruption, England’s High Court has ordered former oligarchs Ihor Kolomoisky and Gennadiy Bogolyubov to hand over nearly $2bn in
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HSBC has reported a sharper-than-expected fall in profits, weighed down by multi-billion-dollar charges linked to its Chinese operations. According to Times UK, Europe’s largest bank saw its pre-tax profits tumble by 26.7%
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