Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
India’s trade deficit narrowed in August, even as exporters prepare for the fallout from steep U.S. tariffs imposed by President Donald Trump, Bloomberg reported, citing official data. The trade gap stood at
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China’s economic activity slowed more than anticipated for a second consecutive month, with a sharp decline in investment raising concerns that policymakers may need to introduce additional stimulus measures to keep growth
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Inflation in India edged up in August for the first time in 10 months, but not by enough to derail expectations of further interest rate cuts later this year, according to economists
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BYD Co., China’s top electric-vehicle (EV) maker, is grappling with mounting investor concerns after a dramatic $45 billion stock selloff, as the company faces intensified competition and a destructive price war in
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Brookfield Asset Management is reportedly in advanced discussions to acquire US landlord Yes! Communities Inc. from Singapore’s sovereign wealth fund GIC Pte, in a transaction that could be valued at over $10
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China has launched two major investigations targeting the U.S. semiconductor sector just days ahead of scheduled high-level talks between the two countries on trade, technology, and national security issues, Bloomberg reported. According
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Nestlé’s chair, Paul Bulcke, is facing mounting pressure from investors to step down ahead of his scheduled departure in April 2026, as concerns over governance and leadership instability continue to plague the
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Apollo Global Management Inc. and Silver Point Capital have led a roughly $900 million direct loan to Vantage Specialty Chemicals, replacing the company’s existing bank-arranged financing, according to sources familiar with the
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Bank of America Corp. is preparing a shake-up of its senior leadership as it looks to narrow the pool of potential successors to Chief Executive Officer Brian Moynihan, Bloomberg reported, citing people
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Tesla Inc.’s chair, Robyn Denholm, strongly endorsed Elon Musk as the only leader capable of guiding the company’s next phase into artificial intelligence and robotics, while acknowledging that he may not continue
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A new global analysis has revealed which airports and airlines are the worst offenders for flight delays and cancellations, affecting millions of passengers worldwide. The study, conducted by Radical Storage using data
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OpenAI and Nvidia Corp. are set to announce a major commitment to invest billions of dollars in UK data center infrastructure during their upcoming visit to the country, Bloomberg reported. The pledges
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At the core of one of the mining sector’s most ambitious deals is a plan to revive Teck Resources Ltd.’s troubled copper operation in Chile’s Atacama Desert and merge it with Anglo
More The United States and India are reportedly close to resolving their differences over a new trade agreement, though significant tensions remain over New Delhi’s continued purchase of Russian oil, according to Sergio
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China is set to more than double its energy storage capacity over the next two years as part of its broader strategy to accelerate renewable energy development. The country plans to expand
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