The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
KPMG stepped down as auditor of Prax Group, the parent company of one of the UK’s largest oil refineries, in the year leading up to its sudden insolvency, according to a report
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Singapore — Sri Lanka’s fragile post-bankruptcy recovery demands bold leadership, institutional reform, and urgent economic diversification, according to insights shared during a high-level trade policy session in Singapore. The remarks came during
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Chinese manufacturing activity contracted for the third consecutive month in June, underscoring the persistent challenges facing the world’s second-largest economy despite a temporary easing in trade tensions with the United States. According
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Meta is in advanced talks with leading private investment firms to raise a staggering $29 billion to fund its aggressive push into artificial intelligence, signaling the tech giant’s largest off-balance-sheet financing effort
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HSBC, Europe’s largest bank, is facing a costly dilemma over office space after pandemic-era downsizing left it short of desks for a workforce now being urged back into the office. The bank,
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The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has issued a stark warning about vulnerabilities in the $12 trillion commercial real estate
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Charter prices for large oil tankers transiting the critical Strait of Hormuz have more than doubled in the past week following Israel’s recent attack on Iran, as shipowners grow increasingly wary of
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Microsoft is signaling a willingness to walk away from critical negotiations with OpenAI as the $300 billion artificial intelligence startup seeks to shift from a non-profit structure to a for-profit entity —
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Amsterdam’s latest venture into using artificial intelligence to reform its welfare system has become a cautionary tale in the global conversation around “responsible AI.” As detailed in a recent MIT Technology Review
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As the race to build ever-larger AI models slows, the next frontier in artificial intelligence is becoming clear: autonomous AI agents. These systems, designed to act, decide, and negotiate on behalf of
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