European Commission President Ursula von der Leyen has announced that the European Union and the Philippines have agreed on a free trade deal following talks with Philippine President Ferdinand Marcos Jr. Von
The International Maritime Organization will convene an extraordinary meeting of its governing council later this month as concerns mount over the safety of commercial shipping and seafarers navigating one of the world’s
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The launch of Operation Epic Fury and the subsequent wave of retaliatory Iranian strikes across the Middle East have rapidly escalated into a crisis with far-reaching economic consequences. What began as a
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At BiBi, a sleek Indian fine-dining restaurant in Mayfair, Carl Pei gestures animatedly over a four-course lunch set menu. It is an unlikely backdrop for the future of smartphones, yet the 36-year-old
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The Export Development Board has reported a decline in export revenue from garments and textiles in January this year compared with the same month of the previous year, raising concerns about the
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A former Google hardware engineer has been indicted on six theft-related charges for allegedly stealing trade secrets connected to the company’s Pixel phones, in a case that underscores growing security threats in
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The tech sector in 2026 is being defined by a stark divide: semiconductor stocks tied to AI data centers are soaring, while software and information services companies are facing unprecedented losses. The
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Billionaire Wall Street investor Bill Ackman has called on investors to stop “booing” the massive artificial intelligence spending plans of tech giants, arguing that the ambitious projects by Amazon, Meta, and Alphabet
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China’s China Belt and Road Initiative (BRI) is defying predictions of decline, with new data showing record engagement in 2025. According to Bloomberg, construction contracts reached $128 billion last year, while investments
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The Government of Sri Lanka has placed all decisions on new and pending trade negotiations on hold pending the outcome of a high-level review aimed at reshaping the country’s trade strategy amid
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What does India’s recently presented Union Budget signify beyond its ledger of receipts and expenditures? Can it confront structural constraints, manage the trade imbalance, and sustain domestic financial stability in an increasingly
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The Chinese owners of the world-renowned Waldorf Astoria Hotel in New York City are preparing to sell the luxury property, just months after it reopened following an extensive multibillion-dollar renovation, according to
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U.S. President Donald Trump has renewed his claim that he prevented a potential nuclear conflict between India and Pakistan, saying trade pressure and tariff threats forced both countries to halt hostilities during
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The world still has trade rules, but it increasingly lacks an enforcement mechanism that works fast enough to discipline temporary pressures before they harden into permanent structural outcomes that hobble the global
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Pakistan’s trade deficit with nine neighbouring countries widened sharply in the first half of fiscal year 2025–2026, underscoring mounting challenges in its regional trade balance, with Sri Lanka among the countries seeing
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China’s central bank continued to add to its gold reserves in January, extending its buying streak to a fifteenth consecutive month, according to data released by the People’s Bank of China, underscoring
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