Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
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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Argentina’s libertarian president, Javier Milei, made a bold and high-risk shift in his economic strategy this week, dismantling a long-standing currency policy that had been central to his battle against the country’s
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Small business owners in New York’s Chinatown are facing unprecedented challenges as the fallout from the U.S.-China trade war continues to wreak havoc on their operations. Many are scrambling to stockpile essential
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A new wave of export restrictions imposed by China on critical rare earth minerals has raised serious concerns across the global automotive industry, with experts warning of potential production shutdowns within months
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Saudi Arabia’s flagship housing developer, Roshn, has yet to respond to a multimillion-dollar settlement offer from its former chief executive David Grover, deepening a high-profile legal dispute that is being closely watched
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In an effort to mend relations with Saudi Arabia’s sovereign wealth fund, PwC has made significant changes to its leadership in the Middle East following a dispute with the kingdom’s Public Investment
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The world’s top luxury brands are bracing for ongoing headwinds in China, as a worsening property market and prolonged trade tensions with the United States continue to erode consumer confidence and spending,
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Chinese aerospace firm Chang Guang Satellite Technology Co. is setting its sights on expanding international markets with its latest innovation: a powerful, low-cost, and ultra-lightweight remote sensing satellite designed specifically with Belt
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