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
Musk, a long-time critic of tariffs, branded Navarro a “moron” and “dumber than a sack of bricks” on Tuesday morning, after the trade adviser dismissed him on television as a mere “car
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Shares of Samsung rose by 2.1% on Tuesday morning, as the company forecast an operating profit of Won 6.6 trillion ($4.5 billion) for the January-March quarter, surpassing analysts’ expectations of Won 5.2
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Exclusive by Our Correspondents in New Delhi and Colombo Indian Prime Minister Narendra Modi has declined an invitation to visit the newly commissioned Adani-operated terminal at the Colombo Port during his recent
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Oil prices continued their downward spiral on Monday as US President Donald Trump signaled his commitment to imposing sweeping global tariffs, despite growing fears of a recession and plunging stock markets. According
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India’s ongoing caution towards China is evident as it has announced restrictions on Chinese electric vehicle (EV) maker BYD Co., despite efforts to attract investments from US-based Tesla Inc. This move underscores
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The wealth of Asia’s richest individuals took a significant hit on Monday, as markets across the region continued their downward trajectory following President Donald Trump’s announcement of new tariffs. According to the
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Goldman Sachs has significantly increased its predictions for the likelihood of a U.S. recession, now pegging the chances at a staggering 45% within the next 12 months. This alarming forecast comes just
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Wall Street was bracing for another day of steep losses on Monday, as markets were rocked by news that the Trump administration would continue to implement sweeping U.S. tariffs despite growing concerns
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In a twist laden with irony, U.S. President Donald Trump recently touted a drop in egg prices just as he unveiled a new round of protectionist tariffs—moves designed to curb America’s trade
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Venezuela’s government has intensified efforts to suppress black market dollar transactions, enforcing strict penalties on businesses using unofficial exchange rates in a bid to defend the weakening bolívar amid escalating U.S. sanctions.
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The United States is closing in on a strategic agreement with the Democratic Republic of Congo (DR Congo) that could reshape the global critical minerals landscape and bolster American influence in central
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As China’s electric vehicle (EV) market continues to surge, the nation’s carmakers are engaged in a high-stakes battle for dominance, driven by rapid technological advancements and a fierce price war. According to
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Jaguar Land Rover (JLR) has temporarily halted all car shipments to the United States for the month of April, signaling the deepening impact of US President Donald Trump’s punitive tariffs on vehicle
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Akinwumi Adesina, the president of the African Development Bank (AfDB), has sharply criticized foreign companies for undervaluing Africa’s natural capital, particularly when it comes to the pricing of carbon credits, which he
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Chinese authorities have launched an investigation into Liu Tianran, the son of Liu He, the former vice-premier and economic advisor to President Xi Jinping, according to sources familiar with the probe. Liu
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