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
Swiss authorities have raided the offices of prominent financial blog Inside Paradeplatz and the private home of its editor, journalist Lukas Hässig, in connection with alleged violations of the country’s strict banking
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Amazon CEO Andy Jassy has warned corporate employees that the company expects to reduce its white-collar workforce in the coming years due to the growing impact of artificial intelligence. The announcement, first
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The White House has announced a 90-day extension for TikTok to continue operating in the United States, delaying enforcement of a law requiring its Chinese parent company, ByteDance, to divest its stake
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Spotify co-founder Daniel Ek is making waves far beyond the world of music streaming, spearheading a €600 million investment in Helsing, a German defence tech company now valued at €12 billion. The
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A new U.S. visa program led by Commerce Secretary Howard Lutnick — dubbed the Golden Trump Card — is drawing global attention, with nearly 70,000 people already registering their interest in the
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The Trump Organization is entering the telecom industry with the launch of Trump Mobile, a new mobile phone service featuring a gold-colored smartphone priced at $499 and a monthly plan costing $47.45.
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European aerospace giant Airbus dominated the opening day of the Paris Air Show, securing nearly $10 billion in new aircraft orders, while its U.S. rival Boeing scaled back its participation following last
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The European Commission is preparing to propose a sweeping ban on new Russian gas contracts, aiming to bypass potential vetoes from member states like Hungary and Slovakia by using trade law instead
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Australia’s corporate regulator has launched a formal inquiry into the Australian Securities Exchange (ASX), citing repeated and serious operational failures that it says have eroded confidence in the country’s financial markets. The
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Russia has significantly increased its export revenues despite sweeping Western sanctions, according to a new report by the German Economic Institute. The study, published Friday, found that Moscow boosted its exports to
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Until recently, Jiahao’s modest guest house in a quiet corner of Cairo mainly served Chinese tourists eager to see Egypt’s famed pyramids. But this spring, the hostel’s clientele changed dramatically. Instead of
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President Prabowo Subianto has taken a significant step in favor of environmental conservation by cancelling the permits of four out of five nickel mining companies operating in Indonesia’s ecologically sensitive Raja Ampat
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Former US President Donald Trump has disclosed nearly $60 million in income from his involvement in a cryptocurrency venture, shedding light on how he and his family continue to benefit from the
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China’s corporate bond market has seen an unusually low number of first-time defaults this year, highlighting a significant shift in the country’s financial landscape as it grapples with economic headwinds. According to
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Saudi Arabia’s decision to boost oil output earlier this year, before Israel’s sudden attack on Iran, has drawn attention to the complex interplay between geopolitics and market strategy in the Middle East.
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