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
At the World Economic Forum 2025, Sunil Handunneththi, Minister of Industry and Entrepreneurship Development of Sri Lanka, presented the country’s current trade agenda during a focused discussion with Kimberly Botwright, Head of
More
Heathrow Airport has warned of a “more challenging” environment for transatlantic air travel, citing early signs of weakening demand on business routes driven by economic uncertainty in the United States. The cautionary
More
Meta is in advanced talks with leading private investment firms to raise a staggering $29 billion to fund its aggressive push into artificial intelligence, signaling the tech giant’s largest off-balance-sheet financing effort
More
Global public debt soared to an all-time high of $102 trillion in 2024, with developing countries shouldering nearly a third of that burden, according to a new report by the United Nations
More
Billionaire Amazon founder Jeff Bezos has kicked off his three-day wedding celebration with fiancée Lauren Sánchez in a dazzling and controversial affair that has drawn both A-list celebrities and protests from locals
More
Top central bankers have delivered a blistering critique of stablecoins, declaring them unfit to function as mainstream money and warning of major risks if they are elevated to a central role in
More
Tensions are rising across the Atlantic as the European Union prepares a potential wave of retaliatory measures in response to the United States’ escalating trade demands under President Donald Trump. With a
More
As billionaire Jeff Bezos prepares to tie the knot with television anchor Lauren Sánchez in Venice this week, the Italian city’s picturesque canals and palazzos are becoming the unlikely backdrop for a
More
In a surprise move that could have sweeping geopolitical and economic consequences, U.S. President Donald Trump announced that China “can now continue to purchase oil from Iran,” apparently reversing months of sanctions
More
Bank of England Governor Andrew Bailey has firmly rejected accusations from Reform UK that the central bank’s bond-buying and selling policies amount to a “systemic misuse of taxpayers’ money.” In a pointed
More
HSBC, Europe’s largest bank, is facing a costly dilemma over office space after pandemic-era downsizing left it short of desks for a workforce now being urged back into the office. The bank,
More
Amazon is doubling down on Britain with a £40 billion investment blitz over the next three years, in a move that promises faster deliveries, thousands of jobs, and a boost to the
More
Oil prices experienced their steepest drop in three years on Monday, as markets reacted to Iran’s missile attack on a US military base in Qatar by interpreting it as a “de-escalatory” move,
More
Smith, who only stepped down as FedEx’s chief executive in 2022, remained executive chairman of the company he established in 1973 with just 14 Dassault Falcon 20 jets. Over the course of
More
Qatar has sounded the alarm over growing threats to its energy infrastructure after Israeli strikes reportedly hit the Iranian portion of the world’s largest natural gas field, which spans the maritime border
More