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
Johnson & Johnson, one of the world’s largest pharmaceutical giants, is facing increasing scrutiny over a series of major scandals, which include selling cancer-causing products, fueling the opioid crisis, and illegally marketing
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Airbus has postponed its plans to fly a hydrogen-powered aircraft by 2035, marking a significant setback for the aviation industry’s ambitions to reach net zero emissions. The decision, which was relayed to
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Activist investor Bill Ackman has acquired a stake worth more than $2.3 billion in Uber Technologies, a move he claims offers a rare opportunity to purchase shares at a “massive discount.” Ackman,
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India’s central bank has cut its benchmark interest rate for the first time in nearly five years as policymakers seek to counter slowing economic growth despite persistent inflation. The Reserve Bank of
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Farmers across Iowa’s agricultural heartland are bracing for another potential trade war as U.S. President Donald Trump moves to reinstate tariffs on Mexico and Canada, according to a report from the Financial
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Colombo’s corporate elite is set to gather for a night of glamour, entertainment, and high-powered networking at “Broadway: The Greatest Showdown,” a spectacular dinner dance on February 22 at Cinnamon Life. The
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Sales of Tesla’s electric vehicles (EVs) have taken a significant hit across key European markets, with analysts citing a growing consumer backlash against CEO Elon Musk’s political activism. In January, the German
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Vincent Clerc, the CEO of Danish shipping giant AP Møller-Maersk, has predicted that tariffs will not significantly impact global trade in the near future. Speaking to the Financial Times, Clerc explained that
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Former U.S. President Donald Trump has raised alarming claims regarding billions of dollars being misused within the U.S. Agency for International Development (USAID), accusing it of paying for positive media coverage of
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Wall Street banks have successfully offloaded $5.5 billion in debt tied to Elon Musk’s $44 billion acquisition of Twitter, now rebranded as X, marking a critical step in one of the most
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