Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
Elon Musk has accused unnamed “oligarchs” of obstructing Starlink’s commercial launch in India, claiming the satellite internet service is being prevented from operating to preserve a “monopolistic chokehold” over the country’s internet
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China’s export engine retains room to expand, but its longer-term prospects may increasingly depend on whether overseas economies can generate enough growth to absorb rising volumes of Chinese products. A Goldman Sachs
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Samsung Electronics is expected to report a nearly nine-fold increase in third-quarter operating profit, as demand for artificial-intelligence infrastructure continues to drive a prolonged shortage of memory chips. Analysts nevertheless have reduced
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The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, its first increase in nearly four years, as rising inflation and strong economic growth
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The global oil market has lost much of the storage buffer that has traditionally helped absorb supply disruptions, with industry executives warning that readily accessible inventories are now running dangerously low. More
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Paramount Skydance completed its $110 billion takeover of Warner Bros Discovery on Tuesday, creating a major Hollywood conglomerate and giving chief executive David Ellison control of one of the world’s largest entertainment
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L’Oreal has engaged restructuring advisers to explore options for rising legal liabilities in the United States linked to talc and other chemical ingredients used in some of its cosmetic products, the Wall
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China is accelerating the development of ultra-deep oil and gas reserves as it seeks to expand domestic energy supplies amid global uncertainty, with advances in exploration and extraction technology enabling access to
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The Federal Bureau of Investigation has removed an Accenture contractor following a damaging data breach that exposed sensitive personal information belonging to thousands of bureau employees, according to two sources familiar with
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The beverages arm of billionaire Mukesh Ambani’s Reliance Industries has asked an Indian court to quash an order by the country’s food safety regulator that prevents it from marketing Campa-brand products as
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Turkey’s biggest financial scandal in a decade has reached the political circle of President Recep Tayyip Erdogan, with senior members of his Justice and Development Party (AKP) and relatives of government officials
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International postgraduate education has become a major source of economic activity for Spain, with foreign students enrolled in master’s and other postgraduate programmes generating an estimated €3.27 billion for the economy, according
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The European Commission is proposing changes to the European Union’s enlargement rules that could allow new members to join while temporarily limiting their voting rights, and even suspend some voting powers if
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China should build a comprehensive national system to protect its growing overseas interests, including closer coordination between diplomatic, commercial, security and military authorities, according to an analysis published on a Chinese national
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German Chancellor Friedrich Merz arrived in Kyiv on Sunday accompanied by senior executives from German defence companies, as Russian forces intensified attacks on Ukrainian cities and infrastructure. Merz is expected to announce
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