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 German government has cut its economic growth forecast for 2025 to zero, down from a previously estimated 0.3%, as the country grapples with mounting pressure from U.S. tariffs and a deepening
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Adani Ports and Special Economic Zone (APSEZ) has acquired a 100% stake in Abbot Point Port Holdings (APPH) from Carmichael Rail and Port Singapore Holdings (CRPSHPL) for an enterprise value of A$3.97
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Sir Richard Branson has launched a sharp rebuke of U.S. President Donald Trump’s escalating trade policies, warning that the president’s tariffs and economic unpredictability are threatening global business stability and economic growth.
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U.S. Treasury Secretary Scott Bessent has launched a sharp rebuke of the International Monetary Fund (IMF) and the World Bank, accusing both institutions of veering off course through “mission creep” into issues
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The European Union has imposed modest fines on tech giants Apple and Meta under its new Digital Markets Act (DMA), signaling its intent to enforce landmark digital regulations while carefully managing rising
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Global public debt is on track to surpass 100% of GDP by the end of the decade, with the International Monetary Fund (IMF) projecting a steady rise in debt levels that could
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Boeing has announced the sale of parts of its digital aviation unit to private equity firm Thoma Bravo for $10.55 billion in a move aimed at strengthening its financial position and refocusing
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The International Monetary Fund (IMF) has raised alarms over an increasing risk of recession in the United States, pointing to the escalating trade conflict under President Donald Trump’s administration as a key
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While much of the world’s attention is focused on the race for dominance in artificial intelligence (AI), a new development from China in the realm of quantum cryptography is raising significant concerns
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China’s ongoing anti-corruption efforts continue to make significant strides, with the country’s discipline inspection and supervisory authorities disciplining 185,000 individuals in the first quarter of 2025. The latest report, published on Tuesday
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Global energy supplies remain acutely vulnerable to disruption despite efforts to secure markets since Russia’s 2022 invasion of Ukraine, the International Energy Agency (IEA) has warned, according to reporting from the Financial
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Yahoo has agreed to pay $5.4 million to settle a long-running lawsuit regarding the mismanagement of the Yahoo Human Rights Fund (YHRF). The lawsuit, which lasted eight years, sought to hold Yahoo
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The first quarter of 2025 has been a rough one for the U.S. climate technology sector, with a staggering $8 billion in large-scale projects canceled, downsized, or shut down, according to a
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Crypto casinos have seen explosive growth in recent years, with new data revealing that gambling platforms using cryptocurrency generated a staggering $81.4 billion in gross gaming revenue (GGR) in 2024. This is
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Saudi Arabia’s business sector is rapidly adopting solar power as companies seek to reduce their energy costs following the government’s removal of electricity subsidies in the world’s largest oil exporter. This shift
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