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
Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), delivered a powerful address at the United Nations Ocean Conference in Nice, urging the international community to confront the
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Argentina’s monthly inflation has dropped below 2% for the first time in five years, a milestone victory for President Javier Milei in his campaign to tame the country’s long-standing inflation crisis. According
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British goods exports to the United States suffered their sharpest monthly fall on record in April, tumbling by £2 billion from the previous month to just £4 billion, according to figures released
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Oil prices surged dramatically on Friday, posting their biggest single-day gain in over three years, after Israeli air strikes targeted Iranian nuclear facilities — a development that threatens to destabilize one of
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China’s electric vehicle (EV) sector is teetering on a financial knife-edge, as a deepening price war triggers liquidity shortfalls and mounting pressure on automakers’ balance sheets. An investigation by the Financial Times
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A landmark proposal to merge the space operations of Airbus, Thales, and Leonardo into a new European aerospace giant is facing a lengthy delay, with implementation unlikely before 2028 — a timeline
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Oil prices soared on Wednesday amid rising fears of conflict in the Middle East, after the Pentagon authorized the voluntary departure of military dependants from parts of the region and President Donald
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Silver and platinum prices are surging as investors increasingly seek alternatives to gold and protection against a weakening US dollar, according to a report by the Financial Times. With gold up 25%
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Oracle shares soared nearly 8% in after-hours trading on Wednesday after the company issued an upbeat forecast for its cloud computing business, signaling a doubling of contract orders next year. The announcement
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Meta is preparing a major push to regain ground in the artificial intelligence arms race, with plans to invest approximately $15 billion in data-labelling start-up Scale AI and hire its co-founder Alexandr
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Gold has surpassed the euro to become the world’s second most important reserve asset for central banks, according to a new report from the European Central Bank (ECB). The shift marks a
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Europe’s top banks have paid out more than €1.1 billion in severance to senior staff since 2018, underscoring the sweeping restructuring efforts the industry has undertaken in response to shifting market dynamics
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China’s leading automakers, including BYD, Geely, and Xiaomi, have pledged to make more timely payments to their suppliers, following regulatory pressure from Beijing aimed at curbing controversial industry practices during a fierce
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As the UN Ocean Conference (UNOC) approaches, bringing renewed attention to SDG 14 (Life Below Water) and the rights of ocean-dependent communities, India’s Vizhinjam coast highlights the environmental injustice and human cost
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Errol Musk, the father of tech billionaire Elon Musk, has ignited controversy after publicly praising Russian President Vladimir Putin as a “very stable and pleasant man” during a high-profile appearance at a
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