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
Apple has awarded Tim Cook a $47mn pay package as he moves from chief executive to executive chair, a deal that brings his compensation close to that of his successor and signals
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China has blocked consensus at a G20 finance ministers’ summit after opposing language backed by the United States and other members calling for action against “non-market policies” blamed for worsening global trade
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India’s insolvency tribunal has granted Essel Group chair Subhash Chandra a major reprieve, allowing him to settle claims arising from personal guarantees on his group’s borrowings for just Rs65mn ($683,000), representing a
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The US Federal Trade Commission has sued Amazon, alleging that the ecommerce giant manipulated advertising auctions on its platform to increase the prices paid by advertisers, in a case that could further
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UBS has won a significant boost in its battle with the Swiss government after influential lawmakers backed a proposal to substantially reduce the bank’s proposed new capital requirements. Under the compromise plan,
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An unprecedented agreement giving the United States access to a fifth of Venezuela’s oil reserves, and the central role assigned to Venezuelan businessman Alejandro Betancourt, are prompting questions and hesitation among some
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China has completed a high-resolution mapping of the seabed in its claimed waters, including the South China Sea, after more than two decades of work, according to scientists involved in the project.
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As relations between US President Donald Trump and Italian Prime Minister Giorgia Meloni have become increasingly strained, America’s ambassador to Italy has embarked on a very different form of diplomacy: a 383-foot
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The relationship between the United States and Taiwan has “never been stronger”, the top American diplomat in Taipei said on Monday, highlighting Taiwan’s growing role in US high-tech manufacturing and investment. Although
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China’s three biggest state-owned airlines have reported first-half losses for the seventh consecutive year, hit by sharply higher jet fuel prices and a weaker-than-expected summer travel season. Air China, China Eastern Airlines
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