World Business
UAE’s Opec Exit: A Seismic Shift Beyond Current Blockades
The UAE's departure from Opec, a group it helped found, signals a strategic pivot. While immediate oil market impacts are minimal, the...
World Business 85 articles
World Business
UAE Quits Oil Cartel Effective May 1
The United Arab Emirates announced its departure from OPEC, effective May 1, citing a long-term strategic vision and increased domestic energy investment....
World Business
China Blocks Meta’s $2 Billion AI Startup Acquisition
Beijing has halted Meta's $2 billion purchase of AI startup Manus, citing national security concerns and export control laws. The decision marks...
World Business
India, New Zealand Forge ‘Once-in-a-Generation’ Trade Pact
India and New Zealand have signed a comprehensive free-trade agreement, eliminating tariffs on most goods and expanding market access for both nations.
World Business
Euro Area Business Activity Shrinks First Time Since Late 2024
Euro area business activity contracted for the first time since late 2024, driven by a weak services sector and suppressed demand linked...
World Business
Labour’s Brexit Pivot: From Leavers to Remainers, Driven by Economic Woes
Sir John Curtice highlights a significant shift in Labour's Brexit strategy, moving to court pro-EU voters amid economic struggles and recent electoral...
World Business
US Sanctions China Refinery, 40 Shippers Over Iranian Oil
The Trump administration has sanctioned a major China-based oil refinery, Hengli Petrochemical, and 40 shipping companies for transporting Iranian crude, escalating economic...
World Business
Fraudsters Exploit Trust Signals in Digital Identity Attacks
Cybercriminals are shifting tactics from faking documents to manipulating the data signals financial institutions rely on for identity verification, forcing a rethink...
World Business
EU Unveils Energy Crisis Shield, Cites €24 Billion War Cost
The European Union has detailed plans to protect its economy from the energy crisis, attributing €24 billion in additional import costs to...