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
Brazilian entrepreneur Ricardo Faria, known as the “Egg King,” is making a major entry into the U.S. market with a $1.1 billion acquisition of Hillandale Farms, one of the country’s largest egg
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In a world where cryptocurrency continues to thrive, it is also being exploited for some of the darkest and most illicit activities. A recent report by MIT Technology Review unveils the sinister
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President Donald Trump has announced a 25% tariff on auto imports, marking a significant escalation in his ongoing trade war aimed at reviving American manufacturing jobs. Speaking from the Oval Office on
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HSBC has taken a drastic approach to cost-cutting under its new chief executive, Georges Elhedery, by terminating investment bankers on the day they were scheduled to receive their bonus figures—without awarding them
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Former Intel CEO Pat Gelsinger has cast doubt on Taiwan Semiconductor Manufacturing Company’s (TSMC) recent $100 billion investment pledge in the United States, arguing that it will do little to restore the
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Russian authorities have detained billionaire Vadim Moshkovich, marking the first time a high-profile Russian businessman has been taken into custody since the country’s full-scale invasion of Ukraine in 2022. Moshkovich, the founder
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Central Asia is rapidly becoming a focal point in the global competition for critical resources, as the United States, European Union, Russia, and China intensify their efforts to secure access to the
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India is preparing to capitalize on its vast untapped oil reserves as part of a bold strategy to strengthen its domestic oil production and reduce its reliance on costly imports. Amid mounting
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The luxurious Maybourne Riviera hotel, perched high above the Mediterranean in Roquebrune-Cap-Martin, has become the center of a bitter legal battle involving Qatar’s ruling Al Thani family. Once a favourite retreat of
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The chief executive of Rolls-Royce has warned that the UK risks losing out on the race to develop small nuclear modular reactors (SMRs) if the government delays its selection of companies to
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Qantas’ much-anticipated ultra-long-haul flights between Sydney and London under its ambitious Project Sunrise have been delayed once again, with the first direct services now expected to launch in early 2027. The postponement,
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Fitch Ratings has reaffirmed the credit rating of Adani Ports and Special Economic Zone Limited (APSEZ) but maintained a Negative Outlook, citing ongoing governance concerns and financial instability within the Adani Group.
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Indonesia has enlisted prominent figures such as billionaire investor Ray Dalio and renowned economist Jeffrey Sachs to serve as advisers to its newly established sovereign wealth fund, Danantara. This move comes as
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Chinese electric vehicle (EV) giant BYD has reported a 29% increase in full-year sales, surpassing expectations and driven by strong demand for its plug-in hybrid vehicles in its domestic market. The results
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India has lifted its final restrictions on rice exports, a move aimed at boosting agricultural shipments and supporting economic growth as the country grapples with a slowdown. As the world’s largest rice
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