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
National Development Bank PLC (NDB) has reported a strong financial performance for the first quarter of 2025, with profit before tax rising by 118% year-on-year to Rs. 4.0 billion. The Bank’s post-tax
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Japanese automaker Nissan has unveiled one of the most sweeping restructuring plans in its history, announcing it will cut 15% of its global workforce and nearly halve its manufacturing plants as it
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Japan has emerged as an unexpected safe haven in the global investment landscape, as foreign investors poured a record $57 billion into Japanese equities and bonds during April, according to data reported
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President Donald Trump has defended Qatar’s offer to donate a $400 million Boeing 747-8 jet to the U.S. government for use as a temporary Air Force One, amid mounting ethical and constitutional
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Argentine President Javier Milei is escalating a dramatic political realignment by severing ties with former President Mauricio Macri, his one-time ally, in a bold attempt to dominate Argentina’s non-Peronist right, according to
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Saudi Aramco, the world’s largest oil company, has slashed its quarterly dividend by $10 billion after posting a drop in first-quarter profits — a move that could ripple across Saudi Arabia’s ambitious
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OpenAI and Microsoft are engaged in complex negotiations to redefine the terms of their multibillion-dollar partnership — a critical step that could clear the way for the ChatGPT creator to restructure into
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Insurers at Lloyd’s of London have unveiled a new insurance product designed to protect companies from financial losses caused by faulty artificial intelligence tools, including chatbot failures — a move reported by
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The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over a critical shortfall in global copper supply that could derail the world’s transition to clean energy and digital
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British Airways’ parent company, International Consolidated Airlines Group (IAG), has announced a bold $23 billion investment in new long-haul aircraft, defying concerns over transatlantic travel demand and strengthening its position in the
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