Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Wall Street banks have offloaded almost all of the $12.5 billion in debt that financed Elon Musk’s acquisition of Twitter, marking a dramatic shift in how the debt is perceived by investors.
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Blackstone Group has announced the sale of its stake in First Eagle Investment Management, a move that values the firm at over $4 billion. This decision to offload the 161-year-old asset management
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In a bold move to reshape global trade, Donald Trump unveiled a new tariff plan that would impose “reciprocal” tariffs on America’s major trading partners, including Brazil, India, Japan, Canada, and the
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Italian tax authorities have accused Amazon of evading €1.2 billion in VAT payments, marking the latest crackdown by European regulators on US tech giants operating in the region. The claim, linked to
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Syria’s central bank has flown in a new supply of banknotes from Russia in a bid to alleviate a severe cash shortage that has left the country’s economy on the brink of
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Monterrey, Mexico’s industrial hub, has flourished under North American free trade, with vast industrial parks housing global giants along the highway to its airport. Local business leaders, known for their pragmatic and
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European stock markets saw a positive opening on Thursday, buoyed by news that President Donald Trump had signaled the start of peace talks between the US and Russia aimed at ending the
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US private equity firms have invested billions of dollars in data centres serving ByteDance, the owner of TikTok, creating a lucrative business that is now facing challenges due to a US crackdown
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As leaders from Europe meet Donald Trump’s team in Munich this week, discussions on boosting the continent’s defences are poised to take centre stage. While America’s peace plans for Ukraine will top
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Adani Green Energy Ltd.’s stock saw a 2% increase on Tuesday, rising above Rs 935 on the National Stock Exchange (NSE), following reports that the company will withdraw from its proposed wind
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