Business News

Musk Found Liable In Fraud Case Over $44 Billion Twitter Takeover

A US jury found Elon Musk liable for misleading Twitter shareholders during his $44 billion takeover bid.

11 days ago

By Abhay Maitreya

Iraq Declares Force Majeure on Oilfields Run by Foreign Companies as Hormuz Disruption Halts Exports

Iraq declared force majeure on foreign-run oilfields as Hormuz disruptions halted exports and cut production sharply.

12 days ago

By Abhay Maitreya

Bank of Japan announces negative interest rates

Central Banks Hold Rates But Signal Readiness As War Fuels Inflation Risks [WATCH]

Major central banks held rates but signaled readiness to act as war-driven energy costs raise inflation risks.

12 days ago

By Abhay Maitreya

Britain Faces Medicine Supply Risk As Middle East Conflict Raises Costs

UK drugmakers warn rising freight costs from Middle East conflict could trigger shortages or price increases.

12 days ago

By Abhay Maitreya

US Mortgage Rates Rise For Third Week, Hit Three-Month High On Energy Costs

US mortgage rates rose to 6.22% for a third week as Middle East conflict lifted energy costs and inflation expectations.

13 days ago

By Abhay Maitreya

Bank of Ningbo Moves to Build Digital Yuan Infrastructure Amid Policy Push

Bank of Ningbo seeks tech partners for digital yuan systems as China expands CBDC participation among lenders.

13 days ago

By Abhay Maitreya

Oil Surges Above $115 After Iran Targets Qatar, Saudi, Kuwait Oil Facilities, Fed Holds on Interest Rates

Oil prices jumped above $115 as attacks on Middle East energy sites heightened supply disruption fears.

13 days ago

By Abhay Maitreya

Pentagon Asks White House for $200 Billion to Fund Iran War; More Than the Costliest Year of Iraq

The Pentagon is seeking over $200 billion to fund the Iran war, mainly to replenish depleted precision weapons stockpiles.

14 days ago

By Jeanna Francis

Thailand To Return 284 Tonnes Of Illegal E-Waste To United States

Thailand will return 284 tonnes of illegal e-waste to the U.S., highlighting concerns over global hazardous waste flows.

14 days ago

By Abhay Maitreya

Charles Schwab Eyes India, Leases 340,000 Sq Ft In Hyderabad For Expansion (Video)

Charles Schwab has leased 340,000 sq ft in Hyderabad to expand technology and support operations in India.

14 days ago

By Abhay Maitreya

Dollar Weakens As Oil Pullback Boosts Risk Sentiment Ahead Of Central Bank Meetings (Video)

The dollar eased as falling oil prices improved risk appetite ahead of key central bank policy decisions.

14 days ago

By Abhay Maitreya

ChatGPT's Sam Altman Turns to Hollywood, Seeks Partnerships To Expand AI Footprint In Entertainment

Sam Altman is exploring partnerships with Hollywood studios to expand AI use in film, TV and digital content creation.

14 days ago

By Jeanna Francis

Oil Falls 2% But Hovers Around $100 Per Barrel As Iraq Restarts Exports Via Turkey's Ceyhan Port

Oil prices declined after Iraq resumed exports, easing supply concerns despite ongoing Middle East conflict

14 days ago

By Abhay Maitreya

China Rushes to Cuba's Rescue, Expands Solar Support As US Cuts Oil Supply

China is supplying solar equipment and support to Cuba as U.S. oil restrictions deepen the island's energy crisis.

15 days ago

By Abhay Maitreya

Global Stocks Rebound As Oil Prices Ease Amid Ongoing Iran War

Global stocks edged higher as oil prices eased, though markets remain volatile amid ongoing conflict and supply disruptions.

16 days ago

By Jeanna Francis

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