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
A wave of U.S. corporate share repurchases is gathering momentum, with companies announcing a record-breaking $500 billion in buybacks as they seek to deploy excess cash during a period of trade uncertainty
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In a landmark legal ruling that could reshape the surveillance technology industry, WhatsApp has secured a $168 million jury verdict against NSO Group, the Israeli developer of Pegasus spyware, for exploiting a
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BMW’s chief executive Oliver Zipse has predicted that the 25 per cent tariff imposed by former US President Donald Trump on foreign car imports will be reduced as early as July, describing
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A small group of traders made a staggering $99.6 million in profit by purchasing Melania Trump’s $MELANIA cryptocurrency token in the minutes before its official announcement, according to an analysis by the
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The European Commission’s proposed Critical Medicines Act, unveiled in March, seeks to address the critical shortages of medicines and medical supplies exposed by the Covid-19 pandemic. The initiative aims to boost EU
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Billionaire investors Thomas Tull and Mark Walter are embarking on an ambitious new venture, aiming to raise $15 billion from investors, including Mubadala Capital, to fund acquisitions and investments in artificial intelligence
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NDB Bank recently partnered with Bishop’s College, Colombo to launch an exclusive awareness initiative focused on promoting financial literacy among students aged 13 to 17 through its pioneering youth banking product, NDB
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Trump’s ‘tariff war’ is not an issue solely or even primarily about the US economy. It is an attempt to bring the entire world trading system under unilateral US control, removing any
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President Donald Trump has announced plans to impose a 100% tariff on all foreign-made films in a move he claims will protect the struggling American film industry and stop Hollywood from “dying
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A wave of violent kidnappings targeting cryptocurrency millionaires is spreading alarm across Europe, with French police recently rescuing a man whose captors severed one of his fingers while demanding a multi-million euro
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The era of being truly off-grid at sea may be over — at least for the ultra-wealthy. Thanks to Elon Musk’s Starlink satellite internet service, luxury yachts are transforming into mobile high-tech
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A widespread electricity blackout across Spain and Portugal this week revealed critical vulnerabilities in the Iberian Peninsula’s telecoms infrastructure, prompting record levels of usage of Elon Musk’s Starlink satellite internet service. According
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Huawei is advancing its semiconductor ambitions with the rapid expansion of its chip production capabilities in Shenzhen, China, as part of an effort to reduce the country’s reliance on foreign technologies. Satellite
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In a bid to overcome its looming debt crisis, the Maldives has announced plans to invest $8.8 billion into a blockchain and digital assets financial hub, a bold move aimed at diversifying
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Toyota’s hydrogen chief has issued a stark warning that hydrogen-powered vehicles could suffer the same fate as electric cars if other countries fail to ramp up investment in the technology. Mitsumasa Yamagata,
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