Latest business news and market updates
The EU has imposed sanctions on a leading Iranian oil tycoon and his companies for facilitating Russian oil trade, intensifying efforts to curb Moscow’s financial resources amid the Ukraine conflict.
India's renewable energy sector achieved unprecedented growth in early 2025, marking a crucial step towards its ambitious 2030 clean energy goals amid global climate commitments and domestic energy demands.
Siemens CEO Roland Busch urges Germany to harness extensive industrial data to accelerate artificial intelligence integration, emphasizing the country's potential to lead in AI-driven manufacturing innovation.
Iron ore and steel prices reached four-month highs driven by China’s ambitious mega dam initiative in Tibet and government measures to reduce industrial overcapacity, signaling stronger demand and improved market sentiment.
Deutsche Bank CEO Christian Sewing reveals a notable shift as clients seek European banking options over US institutions amid global geopolitical tensions, signaling a strategic realignment of capital flows.
Wendell Huang, TSMC's CFO, emphasizes currency fluctuations pose significant risks to profit margins, prompting constant hedging strategy reviews amid a volatile global economic environment.
As the European Central Bank pauses on interest rate hikes, investors await key economic reports this week that will influence future monetary policy directions.
China has committed to a $167 billion mega-dam project in Tibet, prioritizing economic stimulus and clean energy while overlooking environmental risks and escalating tensions with India.
The UK government plans to reinstate the Pensions Commission, originally established by the Labour government, to tackle the growing problem of insufficient retirement savings among Britons amid economic uncertainty.