British stocks rise on trade optimism.
British equities closed higher on Friday, as the recent de-escalation of the global tariff war supported risk appetite, while investors anticipate more […]
Strathcona Makes Takeover Offer for MEG Energy.
Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. […]
Japan’s GDP Shrinks Annualized 0.7％ in Jan.-March; U.S. Tariff Impact Feared to Extend Drop in April-June.
Japan’s inflation-adjusted real gross domestic product shrank 0.2% in January-March 2025 from the previous quarter after seasonal adjustment, the Cabinet Office said […]
U.S. and UAE Announce $440 Billion in Energy Investments.
The United States and the United Arab Emirates (UAE) expect to invest a total of $440 billion in the energy sector through […]
EU Approves New Sanctions Targeting Russia’s Shadow Tanker Fleet.
Representatives of the EU’s 27 member states approved on Wednesday a new sanctions package against Russia, targeting another nearly 200 tankers of the shadow […]
H&F’s Hub lands US$29 billion valuation in $1.6 billion round
Hellman & Friedman-backed Hub International Ltd. has raised US$1.6 billion in fresh equity in a funding round that values the insurance brokerage […]
Carrier to invest $1 billion to boost US production.
Carrier Global on Tuesday announced plans to invest $1 billion over five years in the United States, in response to President Donald […]
US, China Reach Agreement To Slash Tariffs By 115% For 90 Days
The United States and China have announced that they have reached a deal to reduce reciprocal tariffs temporarily, as the world’s two […]
Gold could soar 80% to $6,000 if there’s even a minuscule shift away from US assets, analysts say
Analysts at JPMorgan estimated that the price of gold could reach $6,000 per ounce by 2029, up from about $3,300 now, if just […]
GCC family offices emerge as new venture capital powerhouses
Family offices in the GCC are undergoing a significant transformation. Once focused primarily on managing and preserving wealth, these entities are now […]
Vietnam attracts US$13.82 billion in FDI in four-month period
Foreign financiers registered US$5.59 billion across 1,204 new projects, down 23.8% in capital but up 14.1% in project numbers. Meanwhile, 540 projects […]
Turkiye discovers 20bn barrels of crude oil in Somalia
Turkiye has discovered up to 20 billion barrels of crude oil in Somalia, amid Ankara’s exploration drive to find further energy sources […]