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Wins for pro-Putin leaders buttress autocracies in Europe.

BUDAPEST, Hungary: After two nationalist European strongmen won overwhelming victories in elections on Sunday. One of the first foreign leaders to congratulate both were...

IAEA sends staff to all Ukraine nuclear plants in safety bid

KYIV, Ukraine: In order to lessen the chance of catastrophic mishaps while Russia’s war on Ukraine continues. The International Atomic Energy Agency has dispatched...

Indonesia’s $24 Billion coronavirus package is not enough to protect workers,...

Economic experts in Indonesia warned that the government’s relief package worth US$24.2 billion (Rp 405 trillion) will not be sufficient to stop layoffs amid...

ECB hawks press case for more rate hikes to fight inflation

Two prominent hawks on the European Central Bank’s (ECB) policymaking Governing Council predict that the bank will likely need to hike interest rates further....

Automakers seen to bear the brunt of chip storage.

The semiconductor chip shortage is putting the brakes on automakers. Due to chip shortage, automakers industries are not able to complete the needs of...

Bank of England presscon hacked, hedge funds benefited

The Bank of England’s security was breached as an audio of its press conference got hacked and was accessed by high-speed traders, minutes before the scheduled broadcast, in their attempt to make a profit advantage. Reports claim that having advance access to the audio feed of BOE Governor Mark Carney could have given hedge funds […]

Toyota, Honda oppose U.S. House electric vehicle tax plan

Toyota Motor Corp and Honda Motor Co criticized a proposal by Democrats in the US House Representatives. The proposal was to give an additional...

Global Sukuk issuance to stop growing for the first time in...

Moody’s said on Tuesday that higher crude prices have reduced the financing needs of oil-rich Gulf governments. Due to this, Global Sukuk issuance will...

Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up

OSLO: Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of...

Australia wards off recession through $11 billion stimulus package

The Government of Australia has recently unveiled a stimulus package worth $11.4 billion (A$17.6 billion) designed to curb recession due to the economic impact...
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