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
Italian defense giant Leonardo is on the verge of finalizing a production partnership with Turkish drone manufacturer Baykar, a move that could significantly enhance Europe’s drone production capabilities. The two companies are
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Across China, families are grappling with the crippling financial burden of catastrophic health expenditures, a crisis that is not only devastating household finances but also stifling economic growth. The soaring cost of
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Hein Schumacher is stepping down as Unilever’s chief executive after just over a year and a half in the role, with the consumer goods giant announcing that chief financial officer Fernando Fernandez
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Chinese companies are fueling nearly one in three new investments in Vietnam, as reported by the Financial Times, signaling how Chinese manufacturers are relocating operations abroad to circumvent trade war tariffs with
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China has faced significant challenges in mastering the production of high-end machine tools, a critical technology in manufacturing, despite its progress in areas like artificial intelligence, solar power, and semiconductors. According to
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BP (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is set to abandon its previous pledge to cut oil and gas output as CEO Murray Auchincloss
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The UK and India have relaunched their trade negotiations after a pause caused by elections in both countries last year. UK business secretary Jonathan Reynolds and Indian commerce minister Piyush Goyal will
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Qatar is making bold moves to transform Doha into a regional hub for venture capital (VC), using its vast sovereign wealth fund to attract global financiers. According to a recent Financial Times
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The modern workplace is undergoing a transformation unlike any before, driven by rapid advancements in monitoring technology. Whether you’re an office worker, a warehouse employee, or a gig worker in your car,
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Indonesia has officially inaugurated a new sovereign wealth fund, Daya Anagata Nusantara (Danantara), with an initial budget of $20 billion. The ambitious fund, designed to manage state assets valued at over $900
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The uncertainty surrounding Donald Trump’s foreign policies, particularly in regard to tariffs and international conflicts, is causing oil traders to shy away from long-term tanker charter agreements, exacerbating the already volatile landscape
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While chicken is a global staple, its feet are typically regarded as waste in most parts of the world. Gristly, with little meat, they often find their way into the trash. However,
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South Korea, long alarmed by its plummeting birthrate and looming demographic crisis, has seen a glimmer of hope as the nation’s birthrate begins to rise. Once dubbed the country facing “national extinction,”
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US Treasury Secretary Scott Bessent has come to the defense of President Donald Trump’s controversial economic partnership proposal with Ukraine, emphasizing that the plan would fuel the country’s postwar growth and was
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Elon Musk’s Department of Government Efficiency (DOGE) has made bold claims that it saved $55 billion through a series of measures like layoffs, canceled contracts, and renegotiated leases. However, a recent analysis
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