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
Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive $100 billion investment in the United States, marking a strategic move to strengthen its foothold in the American semiconductor industry and avoid potential
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Government borrowing worldwide is set to reach an all-time high of $12.3 trillion in 2024, driven by increased defense spending, higher interest rates, and persistent fiscal challenges across major economies. According to
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In a significant development in global trade and investment, BlackRock announced on Tuesday that it has agreed to acquire two ports serving the Panama Canal from Hong Kong’s CK Hutchinson. This move
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A long-negotiated U.S.-Ukraine resources deal collapsed dramatically in the Oval Office on February 28 after an intense confrontation between Ukrainian President Volodymyr Zelensky, U.S. President Donald Trump, and Vice President JD Vance.
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The largest battery storage project in Europe has begun commercial operations in Scotland, marking a significant step toward improving the efficiency of the UK’s renewable energy infrastructure. The Blackhillock project, developed by
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Singapore has charged three men—two Singaporeans and one Chinese national—with fraud over suspected breaches of US export controls on Nvidia semiconductor sales, the government announced Monday. The case involves servers containing Nvidia
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Rising interest rates and uncertainty over immigration policies are further dampening the US housing market, as homeowners delay renovations and home sales. Shares of Jeld-Wen Holdings, a major seller of doors and
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Japan’s retail giant Seven & i Holdings, the owner of 7-Eleven, is preparing to replace its current president and CEO, Ryuichi Isaka, with its first foreign leader, as the company navigates a
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The U.S. stock market has surged to unprecedented heights, now accounting for nearly two-thirds of the world’s investable equity market. This dominance, fueled by a decade-long rally in technology stocks—particularly those linked
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The Sri Lankan foreign exchange market has selected Bloomberg’s BMatch solution to enhance interbank trading of the US Dollar against the Sri Lankan Rupee (LKR). The BMatch platform, part of Bloomberg’s FXGO,
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India’s economic rise was expected to uplift millions, but for rural women, it has created an era of silent struggle. As men migrate to distant cities in search of work, their wives
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Norwegian fuel giant Haltbakk Bunkers has reportedly refused to supply fuel to U.S. military ships and personnel stationed in Norway following the recent meeting between former President Donald Trump and Ukrainian President
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Finland has lifted the arrest of the oil tanker Eagle S, which had been seized in late December following accusations that it damaged the Estlink 2 power cable connecting Estonia and Finland.
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Donald Trump’s decision to halt offshore wind development permits has dealt a devastating blow to the already struggling US offshore wind sector, which was grappling with high costs and economic uncertainties even
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The Adani Group has reignited plans for major investments in the United States, despite ongoing criminal charges against its billionaire founder, Gautam Adani. As reported by the Financial Times, the Indian conglomerate
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