Iran loses some Hormuz leverage as US economic offensive tightens the squeeze: Report
US sanctions and a naval blockade are squeezing Iran as its leverage over the Strait of Hormuz weakens Six months after a conflict that...
‘Make Air India great again’: Incoming CEO Tewolde Gebremariam seeks staff backing for reset
Air India’s incoming CEO Tewolde Gebremariam seeks employee backing as he prioritises safety, operational reliability and customer trust in the airline’s next phase Air...
Why India-China ties could change the world: Economist Jim O’Neill on BRICS’ future
The economist who coined the term “BRIC” says China and India have outperformed his original projections, while BRICS now needs to move beyond symbolism...
RBI announces overnight cash withdrawal after technical glitch disrupts auction
RBI turns to overnight liquidity withdrawal after technical issues hit its 30-day auction. The Reserve Bank of India (RBI) announced an overnight cash withdrawal...
China slows battery storage expansion, pauses approvals for new factories: Report
China is reviewing energy storage capacity amid overcapacity concerns, pausing approvals for new factories while projects already under construction continue China has temporarily paused...
Taiwan turns chip dominance into diplomatic leverage as US, EU seek AI investment
Taiwan is using its semiconductor strength to deepen ties with Washington and Brussels, even as pressure mounts to shift more chip production overseas. Taiwan...
Fuel oil shortage threatens shipping as war disrupts refinery output
Refiners are prioritising diesel, gasoline and jet fuel as disruptions in Russia and the Middle East squeeze fuel oil supplies, with the global deficit...
Euro zone business activity hits highest level since November
Euro zone business activity accelerated in August as stronger new orders, a manufacturing rebound and renewed export growth pointed to a resilient third quarter,...
UK permanent hiring rebounds for the first time since 2022
Permanent job placements rise as Britain’s labour market shows early signs of recovery Britain’s jobs market showed signs of recovery in August as permanent...
From Shakira to F1: How Iran war is disrupting Gulf’s entertainment and sports economy
Iran war disrupts concerts, F1 and air travel across the Gulf, putting pressure on tourism and diversification plans The economic fallout from the Iran...
