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Yandex split nears completion as Russian traders finalise share exchange
Russian traders have finalized a share exchange for investors in Yandex, often referred to as Russia's Google,…
Exclusive: Bank of Israel waiting for digital euro ahead of digital shekel launch
The Bank of Israel (BOI) is committed to exploring a digital shekel to enhance the country's payment system and…
Australia Increases Minimum Wage To $915 Per Week For Lowest Paid Workers
The Fair Work Commission (FWC) has announced a 3.75% increase in Australia's minimum and award wages. This change…
Oil companies in Texas restoring operations following hurricane Beryl
Oil and gas companies in Texas are restarting operations after Hurricane Beryl hit the state with 80-mph winds,…
Megacaps, chip stocks lift futures before Powell testimony
U.S. stock index futures rose on Tuesday, driven by gains in megacap technology and semiconductor stocks.
This…
Disney to add new ship in Tokyo to expanding cruise business
Walt Disney (DIS.N) announced plans to launch a new cruise ship from Tokyo in fiscal 2028, adding a ninth vessel…
How a Trump election victory could ruffle Latin American markets
Investors are preparing for various scenarios in case former President Donald Trump wins back the White House in…
DBS CEO says bank hunting for bolt-on deals, not game-changing ones
Asia's wealthy and their bankers are optimistic about a recovery in China, betting that exposure to the region,…
Crypto market turns green, downside risk remains high
The crypto industry is experiencing turbulence due to Bitcoin sales in Germany and concerns over significant…
Australia increases minimum wage to $915 per week for lowest paid workers
Australia’s Fair Work Commission has raised the minimum wage to $915.90 per week, effective from July 1, 2024.…
Band A customers: NLC demands new tariff hike reversal
The Nigeria Labour Congress (NLC) has criticized the recent increase in electricity tariffs for Band A customers…
China’s BYD opens EV factory in Thailand, first in Southeast Asia
China's leading electric vehicle (EV) manufacturer, BYD (002594.SZ), has inaugurated its first Southeast Asian…
Asia stocks rise on rate cut wagers, yen wallows at 38-year lows
Asian stocks rose on Wednesday following remarks by Federal Reserve Chair Jerome Powell, indicating potential…
UK Investors Pour Record £11.4 Billion into Equity Funds in First Half of 2024
British investors injected a record £11.4 billion into equity funds during the first six months of 2024, driven by…
Nippon Steel’s Mori to visit US again next week for talks on US Steel…
Nippon Steel's Vice Chairman, Takahiro Mori, will travel to the United States next week to discuss the proposed…
Dangote Refinery Begins Gasoil Exports To West African Countries, As Imports From…
Aliko Dangote, Chairman of the Dangote Group, strongly criticized the Central Bank of Nigeria (CBN) for increasing…
China’s BYD posts 21% jump in quarterly EV sales, closes gap with Tesla
China's BYD reported a 21% increase in electric vehicle (EV) sales for the second quarter, bringing its total to…
Air Canada to Receive 8 Boeing 737 MAX 8 Jets from BOC Aviation
Air Canada announced on Tuesday an agreement to receive eight Boeing 737 MAX 8 jets from lessor BOC Aviation.
…
South African rand extends losses, focus on unity government’s reforms
The South African rand continued its decline on Tuesday, trading at 18.6325 against the dollar, a 1.5% drop from…
US job openings increase; trend still slowing
In May, U.S. job openings increased by 221,000 to 8.140 million, indicating a modest rebound following significant…
Australia raises international student visa fees by 225% to prevent migration
Australia has significantly increased student visa application fees from $710 to $1,600, effective July 1, 2024,…
Russia’s VTB bank says US sanctions have complicated cross-border…
The recent U.S. sanctions on Moscow have significantly affected Russian banks, including VTB, Russia's…
Ackman’s Pershing Square USA to offer shares at $50 in NY listing
Pershing Square USA, managed by billionaire Bill Ackman, is preparing for its initial public offering (IPO) on the…
Aircraft delivery delays having ‘brutal’ impact on Lufthansa, says CEO
Carsten Spohr, CEO of Lufthansa (LHAG.DE), revealed at a business press club in Stuttgart that ongoing aircraft…
Italy claims 1 billion euros in unpaid taxes from Google
Italy is seeking 1 billion euros ($1.07 billion) from Google in unpaid taxes and penalties, according to three…
European shares gain, Aussie jumps, yen teeters near 160
European stock markets saw gains on Wednesday, boosted by a rebound in Nvidia shares and a broadly positive risk…
Singapore port congestion shows global ripple impact of Red Sea attacks
Singapore's container port is experiencing its worst congestion since the COVID-19 pandemic, largely due to…
Volkswagen Recalls Over 271,000 Vehicles in the U.S. Due to Potential Air Bag…
Volkswagen is recalling more than 271,000 vehicles in the United States because of a potential wiring fault that…
Exclusive: UBS urges Swiss government to clarify capital demands, sources say
UBS is pressing the Swiss government to clarify additional capital buffer requirements following its acquisition…
Novo Nordisk’s Weight-Loss Drug Wegovy Approved in China
Novo Nordisk announced that its popular weight-loss drug, Wegovy, has been approved for use in China, the world’s…