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
The BRICS New Development Bank (NDB) has officially welcomed Algeria as its newest member. The expansion underscores the bloc’s accelerating efforts to create a multipolar financial system and reduce dependence on Western-dominated
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Telegram, the popular messaging app, surged to a $540 million profit in 2024 despite ongoing legal challenges faced by its founder Pavel Durov, according to a company presentation seen by the Financial
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OpenAI is set to acquire io Products, the hardware start-up founded by former Apple design legend Jony Ive, in a deal valued at approximately $6.5 billion, according to sources cited by the
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French energy giant TotalEnergies is preparing to resume work on its $20 billion liquefied natural gas (LNG) megaproject in northern Mozambique, four years after suspending operations due to a deadly insurgent attack
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HSBC UK has issued a warning to its employees that failure to meet in-office attendance requirements could lead to reduced bonuses, as the bank tightens its stance on remote working. The move,
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Bitcoin surged to a new record high of $109,481 on Thursday, fueled by growing optimism that U.S. lawmakers are on the brink of finalizing long-awaited regulations for digital assets, according to a
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In an abrupt and devastating move, Next Manufacturing Pvt Ltd, a major garment exporter in the Katunayake Free Trade Zone, shut down its operations overnight on May 19th, 2025—without any prior notice—leaving
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Shares of Contemporary Amperex Technology Co. Ltd (CATL), the world’s largest electric-vehicle battery manufacturer, surged 12.6% on Tuesday as it launched the biggest public offering globally so far this year. The secondary
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The European Union’s agriculture commissioner, Christophe Hansen, has cautioned against diverting funds from the bloc’s €387 billion Common Agricultural Policy (CAP) to bolster defence spending, emphasizing the critical role of food security
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Japan’s Nippon Steel has dramatically raised its investment commitment in US Steel to $11 billion in a bold effort to win over former President Donald Trump and secure approval for a politically
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Maruti Suzuki, India’s largest carmaker, is setting its sights on the next generation of Indian car buyers in a bold move to reclaim its dominant position in the country’s auto industry. In
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Chinese shipments of Apple Inc.’s iPhones and other mobile devices to the United States plunged to their lowest levels since 2011 in April, Bloomberg reported on Tuesday, illustrating the severe disruption caused
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Turkish aviation services company Çelebi has launched legal action against the Indian government after its security clearance was abruptly revoked, halting its operations at nine major Indian airports and throwing nearly 3,800
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In a major turning point for European defense policy, EU member states have reached a political agreement to launch a €150 billion loans-for-arms initiative, according to reporting by the Financial Times. The
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Argentina’s libertarian President Javier Milei is set to unveil sweeping reforms aimed at drawing billions of undeclared U.S. dollars back into the formal economy, according to a recent Financial Times report. The
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