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
Private companies are staking a significant claim to the Moon’s radio spectrum, aiming to lay the groundwork for the future lunar economy. As The Financial Times reports, over 50 applications have been
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Private companies are increasingly focusing on microreactors, compact nuclear reactors designed to revolutionize power generation, particularly in remote or off-grid locations. This push to develop small reactors is gaining momentum as companies
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DP World has reached a significant milestone, surpassing 100 million TEUs of container handling capacity across its global portfolio, a remarkable achievement that underscores the company’s aggressive investment strategy and leadership in
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by Our Economic Affairs Editor China has made significant strides in the development of automated container and dry bulk terminals, with 52 of these facilities now operational, placing the country at the
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A groundbreaking proposal for a flat tax on shipping emissions has gained significant momentum as Liberia and Panama, the world’s leading shipping registries, announced their support. These nations join 43 others, including
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Indonesia is maintaining its ban on Apple’s iPhone 16, declaring that the US tech giant’s $1bn investment proposal to build an AirTag manufacturing facility is insufficient to meet the country’s strict local
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Eiji Hashimoto, the CEO of Nippon Steel, has cautioned that tariffs alone will not strengthen the US steel industry, as he pursues legal action against the Biden administration’s decision to block his
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As US-listed bitcoin miners face tightening profit margins and increasing competition for resources, companies are turning to stockpiling cryptocurrency to ride out the storm. Firms like Mara Holdings, Riot Platforms, and CleanSpark
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Eurozone inflation saw a modest rise to 2.4% in December, marking the third consecutive month of inflation increases. This uptick in prices, which aligns with market expectations, follows a 2.2% rate in
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A growing trend in the airline industry is reshaping the traditional model of connecting passengers through large hub airports. The use of smaller, more fuel-efficient jets is enabling airlines to offer more
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