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
OPEC+ appears to have thrown in the towel on efforts to sustain high oil prices, marking a strategic shift by Saudi Arabia ahead of a high-profile visit by U.S. President Donald Trump,
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Argentine President Javier Milei is escalating a dramatic political realignment by severing ties with former President Mauricio Macri, his one-time ally, in a bold attempt to dominate Argentina’s non-Peronist right, according to
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Saudi Aramco, the world’s largest oil company, has slashed its quarterly dividend by $10 billion after posting a drop in first-quarter profits — a move that could ripple across Saudi Arabia’s ambitious
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OpenAI and Microsoft are engaged in complex negotiations to redefine the terms of their multibillion-dollar partnership — a critical step that could clear the way for the ChatGPT creator to restructure into
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Insurers at Lloyd’s of London have unveiled a new insurance product designed to protect companies from financial losses caused by faulty artificial intelligence tools, including chatbot failures — a move reported by
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Beef prices in the United States have surged to unprecedented levels, driven by the country’s lowest cattle inventory in over 70 years, according to a recent report by the Financial Times. A
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The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over a critical shortfall in global copper supply that could derail the world’s transition to clean energy and digital
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British Airways’ parent company, International Consolidated Airlines Group (IAG), has announced a bold $23 billion investment in new long-haul aircraft, defying concerns over transatlantic travel demand and strengthening its position in the
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U.S. President Donald Trump has suggested he’s open to reducing steep tariffs on Chinese goods, raising hopes for a potential easing of tensions in the long-running U.S.-China trade war ahead of high-stakes
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The International Monetary Fund (IMF) on Friday approved the immediate disbursement of approximately $1 billion to Pakistan under its ongoing Extended Fund Facility (EFF), according to a statement from the Prime Minister’s
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US President Donald Trump has announced a new trade agreement with the UK, making it the first country to reach a deal with the US since the White House introduced sweeping tariffs
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Vincent Clerc, the CEO of AP Møller Maersk, the world’s second-largest container shipping group, has warned that using tariffs to reshape global supply chains would be a slow and unrealistic process, requiring
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Bilateral trade between Russia and the United States surged by 50% in March, reaching a two-year high of $573 million, according to customs data cited by RIA Novosti on Thursday. The increase
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In a move meant to bolster global supply chain security and curb nuclear smuggling, the United States unveiled new radiation detection equipment at the Port of Colombo — a major maritime hub
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In a sweeping move to counter mounting economic pressures, China has announced a series of interest rate cuts and banking sector reforms designed to inject long-term liquidity into its economy. The measures,
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