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
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
More
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
More
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
More
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.
More
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
More
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
More
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
More
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%
More
The US economy expanded at an annualized rate of 3% in the second quarter, marking a strong rebound following a contraction in the first quarter. This growth outpaced economists’ forecasts, which had
More
Nayara Energy, India’s second-largest private oil refiner, has filed a lawsuit against Microsoft, accusing the U.S. tech giant of abruptly cutting off access to essential digital services and proprietary tools. The move
More
Apple Inc. has announced it will close one of its retail stores in China, marking the first such closure in the country since the tech giant entered the market over 15 years
More
Singapore Airlines has reported a steep 59% decline in net profits for the second quarter of 2025, largely due to significant losses linked to its investment in Air India, the Indian carrier
More
Reinforcing its commitment to accelerating digital transformation among small and medium-sized enterprises (SMEs), NDB Bank recently hosted a dynamic SME Digital Forum in Avissawella. The event marked another milestone in the bank’s
More
In a historic ruling that has shaken Colombia’s political landscape, former President Álvaro Uribe has been found guilty of bribery and witness tampering — making him the first ex-head of state in
More
Sri Lanka Customs has detained nearly 1,000 Chinese-made BYD electric vehicles after discovering discrepancies in the declared motor capacities used for tax calculation — a move that could expose a multimillion-rupee tax
More