Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
OpenAI has reduced its target for its latest funding round by $10 billion and is now seeking to raise $20 billion at a valuation of $1.25 trillion, according to a report by
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BP reported third-quarter underlying replacement cost profit of $8.46 billion on Friday, significantly exceeding analysts’ expectations of $7.33 billion and more than tripling the $2.2 billion recorded in the same period last
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AstraZeneca announced a major restructuring programme on Friday, targeting approximately $1.5 billion in financial benefits to support investment in its drug development pipeline and keep the company on course to achieve annual
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Indian retail investors borrowed 22.28 billion rupees ($234.06 million) to purchase shares in Jio Platforms on its stock market debut, making the company the country’s fourth-largest stock by margin-funded positions, as strong
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The cryptocurrency industry faced a major security crisis on Thursday after reports of separate cyberattacks targeting Binance and Polymarket triggered sharp market declines and renewed concerns over the vulnerability of digital asset
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Australia’s corporate regulator is investigating the role of investment banks in promoting the initial public offering of Firmus, a data centre operator backed by Nvidia, after concerns emerged over information provided to
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Alphabet shares fell more than 10% after the Google parent reported negative free cash flow of $9.07 billion in the third quarter, alongside revenue and earnings that fell short of Wall Street
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The US Federal Reserve held its benchmark interest rate unchanged on Wednesday, as expected by financial markets, but the decision was accompanied by two dissenting votes and changes to the central bank’s
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An increasing number of wealthy Chinese are considering renouncing their Chinese citizenship to obtain foreign passports, as tighter scrutiny of offshore wealth, potential tax liabilities and geopolitical uncertainty prompt families to reassess
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Hundreds of Indonesian security personnel were deployed across the capital, Jakarta, on Wednesday ahead of student protests against President Prabowo Subianto’s policies and his government’s handling of forest fires on the islands
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Jio Platforms, the telecoms and digital business backed by Asia’s richest man, Mukesh Ambani, is set to begin trading in Mumbai on Wednesday after its $3.2 billion initial public offering attracted $77
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An Israeli advertising technology company was the leading bidder for digital advertising space targeting users of SpaceX’s Starlink satellite internet service in more than 100 countries, in activity researchers believe may have
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The leaders of Finland and Norway held a rare direct conversation with Russian President Vladimir Putin on Tuesday, urging him to end the war in Ukraine and seeking to influence peace efforts
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Brazil’s currency plunged 8 per cent against the US dollar on Monday, while the country’s benchmark stock index fell 13.9 per cent, after President Luiz Inácio Lula da Silva secured a surprise
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Microsoft is offering voluntary buyouts to about 60,000 employees across the United States, Canada, India and the United Kingdom as the software company seeks to manage rising costs associated with its artificial
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