BT and Verizon Form Global Joint Venture
BT and Verizon are set to launch a global joint venture after 18 months of negotiations. The UK telecoms giant's 50/50 partnership will be v…
Business
187 articles
Iran's Revolutionary Guard Corps Strengthens as Iran-US Deal Teeters
Tensions escalated in the Strait of Hormuz as Iran's markets reacted poorly to two nights of military confrontations over transit. The clash…
South Korean Stocks Plummet 9% on Chip Selloff
South Korea's stock market was hit by a trading halt for the second time this week after a sharp decline in chipmakers' shares. The Kospi in…
Human Rights Groups File Complaint Against Polish TNT Producer
Three international organisations have filed a criminal complaint against Nitro-Chem, a Polish state-owned company, alleging involvement in …
Pentagon Replenishment Urged After Iran Conflict
The US Defense Department is being pushed to restock its arsenal after a recent clash with Iran. Donald Trump has called on defense manufact…
Shipping Giant Clears Gulf After Strait Closure
Hapag-Lloyd's vessels were stranded in the Gulf when Iran temporarily closed the Strait of Hormuz. The shipping giant has now confirmed all …
Top-Performing Stock Market Still Not Developed, Says MSCI Chief
South Korea's stock market has been the world's top performer, but it remains a developing market. The country's hopes for an upgrade were p…
Kioxia to Offer US Depositary Shares Next Spring
Kioxia Holdings Corp., a Japanese company, plans to list its US depositary shares in the spring of 2027. The firm is a major memory chip man…
Central Asian Risk Sharing Crosses Borders
A Kyrgyz bank and an Uzbek business signed a loan agreement on June 18, backed by a European Bank for Reconstruction and Development project…
Oil Prices Fall as Iran Reports Progress in US Peace Talks
Brent crude futures dropped on Monday as Iran claimed significant advancements in peace negotiations with the US. The development came despi…
Alan Greenspan, Former Federal Reserve Chair, Dies at 100
Alan Greenspan, the legendary former Federal Reserve chair, died on Monday at the age of 100. He led the US central bank for nearly two deca…
KNDS Owners Agree on Stake Sale Before IPO
The families behind KNDS NV, a leading tank manufacturer, have reached an agreement to sell a stake in the company ahead of its initial publ…
Asian Stocks Reach New Heights as Oil Prices Slip
Asian stocks hit a record high on Friday, with investors digesting the latest economic data and market trends. Trading activity was brisk in…
MSCI Raises Transparency Concerns Over Indonesia as Emerging Markets Verdict Looms
Indonesia's stock market transparency is under scrutiny, with global index provider MSCI threatening to downgrade its status. This move coul…
MSCI Flags Indonesia Market Accessibility Concerns
Indonesian markets are experiencing a decline in information flow, according to MSCI Inc., a leading index provider, in its latest review. T…
Myanmar Military Airstrike Hits Kyauktaw, Killing Seven Civilians
On Monday, a Myanmar military jet bombed the town of Kyauktaw in Rakhine state, killing at least seven civilians. The strike occurred in a r…
Trump Envoy's Unconventional Diplomacy Takes to the High Seas
US Ambassador to Italy, Lewis Eisenberg, is promoting his diplomatic efforts by traveling on his personal superyacht, sparking controversy. …
Southeast Asia Faces Soaring Energy Costs After War Disruptions
Southeast Asian countries may see sharply rising energy costs unless they diversify their energy supplies, the International Energy Agency w…
US Fuel Prices to Take Months to Normalise
The US-Iran deal to end the war is expected to bring relief to the global oil market, but it will take months for US fuel prices to normalis…
Iran Nuclear Deal Revival Sparks Optimism
A tentative agreement between world powers and Iran has been reached, sending a wave of optimism through oil markets. The deal, negotiated i…
Oil Prices Plummet on Iran-US Deal Hopes
Global oil prices have dropped sharply as a potential US-Iran peace deal raises hopes of resolving the energy market's biggest supply crisis…
China’s Leading Motorcycle Exporter Calls for End to Price Wars
Beijing – The China Motorcycle Industry Association (CMIA) released a statement on Monday urging domestic manufacturers to halt aggressive p…
Flutter Delists from London Stock Exchange
Flutter Entertainment, the owner of Paddy Power and Betfair, is delisting from the London Stock Exchange. The world's largest online betting…
Shanxi Province Turns to Coal Chemicals to Bolster Energy Security
China’s Shanxi province, a leading coal producer, announced in March 2024 a plan to expand coal‑chemical facilities. The initiative aims to …