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
Gold prices soared to an all-time high on Wednesday as investors sought safe-haven assets amid worsening trade tensions between the United States and China. Spot gold climbed 1% to reach $2,858.12 per
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British Airways has made adjustments to its new loyalty scheme after facing significant complaints from passengers, particularly frequent flyers. The airline had initially announced major changes to its Executive Club at the
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China has kept the renminbi’s exchange rate steady against the US dollar in its first official currency fix since the announcement of new tariffs by US President Donald Trump. On Wednesday, the
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In the heart of the Saudi desert, a project of unprecedented ambition is taking shape—NEOM, a $2 trillion mega-development hailed as the future of urban living. Promoted as a utopian city that
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China has reopened antitrust investigations into Google and Nvidia while considering launching a probe into Intel, in what appears to be a strategic response to U.S. President Donald Trump’s recent tariffs on
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Chinese manufacturers are intensifying efforts to shift production abroad in a bid to circumvent new tariffs imposed by US President Donald Trump. This move follows Trump’s recent announcement that an additional 10
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Vessel traffic along the International North-South Transport Corridor (INSTC), a strategic trade route developed by India, Russia, and Iran, surged by 43% in the 2023-24 financial year, according to a recent Indian
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China has cemented its dominance in Central Asia, with trade turnover in 2024 rising nearly 5% to $94.8 billion, surpassing Russia as the region’s top economic partner. The vast majority of trade
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Global interest in Greenland has surged after President Donald Trump renewed his push for U.S. control of the Arctic nation, citing its vast energy potential and strategic value. While Denmark and 85%
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Wall Street was rocked last Monday after Chinese artificial intelligence lab DeepSeek unveiled a breakthrough in AI, surpassing models from OpenAI, Meta, and Anthropic—a direct challenge to Silicon Valley’s dominance. The revelation
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