More: Economics
Kremlin Dismisses New EU Sanctions on Russian Banks
The Kremlin dismissed the idea of new European Union sanctions on its banks, stating they have been under sanctions for a long time and...
What the Pacific Pivot Reveals About Europe
When Pete Hegseth told the Shangri-La Dialogue at the end of May that the United States would prioritize its “model allies,” moving the most...
Saudi Arabia Names Princess Maha to Lead FII Institute
Saudi Arabia's Future Investment Initiative Institute has named Princess Maha Al Saud as its new chief executive.
The institute holds an annual summit in Riyadh...
EU Fiscal Board Criticizes Relaxed Energy Rules
The European Fiscal Board (EFB) criticized the European Commission for allowing some of the defence spending leeway from last year to be used for...
Xi Visit Strengthens China North Korea Ties Amid Shifting Regional Alliances
Chinese President Xi Jinping concluded a high profile two day visit to North Korea, with both Beijing and Pyongyang portraying the trip as a...
China Inc Quietly Cuts Jobs as AI Adoption Reshapes Workforce and Hiring
A wave of “quiet layoffs” is emerging across Chinese companies as firms rapidly adopt artificial intelligence tools while trying to avoid visible mass unemployment...
Kazakhstan Faces Pressure to Boost Oil Exports as Hormuz Risks Raise Supply Concerns
Kazakhstan's Energy Minister Yerlan Akkenzhenov said international partners are urging the country to increase oil exports as concerns grow over disruptions to energy supplies...
Dollar Steady as US Iran Tensions and Inflation Data Keep Markets on Edge
The U.S. dollar held largely steady against major currencies as investors balanced rising geopolitical tensions in the Middle East with expectations surrounding key U.S....
AI Coding Startup Cursor Chooses London for European Headquarters Amid Rapid Growth
AI coding startup Cursor has selected London as its European headquarters as it expands across the region to meet growing demand for AI powered...
EU Unveils 21st Sanctions Package on Russia, Targets Banks
The EU has proposed a new package of sanctions against Russia, aimed primarily at its banks, cryptocurrency networks, and drone production in response to...