Fuel shortages could remain a feature of global energy markets even after the conflict between the US and Iran ends, as damaged refining facilities, delayed maintenance and efforts to rebuild fuel reserves continue to weigh on supply, according to Dangote Refinery CEO David Bird. The Nigerian refinery is positioning itself for a much larger role …
Abu Dhabi-based International Holding Company (IHC) and the Adani Group are broadening their investment footprint in Odisha, joining hands with the state government on a proposed portfolio of 14 projects with a combined investment potential of about $22 billion (â‚ą2.10 lakh crore). The proposed ventures cover a wide industrial and infrastructure landscape, including downstream metals, …
IHC, Adani unveil $22 billion Odisha investment push spanning 14 projects Read More »
HSBC has begun looking for its next chief financial officer after Pam Kaur confirmed she will leave the role in 2027, setting the stage for a leadership transition at one of the world’s largest banks. Kaur is expected to step down as CFO and executive director ahead of HSBC’s annual general meeting, typically held in …
HSBC Begins Search for Pam Kaur’s Successor as CFO Read More »
Capital One and JPMorgan Chase are taking a calculated risk by challenging Donald Trump in court rather than agreeing to settlements over allegations that they improperly closed accounts linked to him and his businesses. Legal specialists and banking-industry figures say the decision to fight could expose the institutions to political pressure and scrutiny. Yet settling …
Banks Choose the Courtroom as Trump Escalates Debanking Fight Read More »
The Massachusetts Supreme Judicial Court has publicly reprimanded Judge Shelley Joseph over her conduct in a case involving an attempt to prevent a migrant from being taken into federal immigration custody. The disciplinary action brings a years-long legal controversy involving Joseph to a close. She had faced federal criminal charges during Donald Trump’s first presidency …
Massachusetts Supreme Court Rebukes Judge Over Conduct Linked to ICE Arrest Read More »
Bayer is heading into a closely watched court hearing in Missouri as it seeks final approval for a proposed $7.25 billion settlement aimed at resolving tens of thousands of U.S. lawsuits alleging that Roundup weedkiller caused cancer. The hearing, scheduled before Judge Timothy Boyer in St. Louis, could become an important milestone in Bayer’s long-running …
Bayer’s $7.25 Billion Roundup Deal Faces Crucial Courtroom Test Read More »
President Donald Trump’s proposal to send a $5,000 “dividend” to American adults has quickly moved from a campaign-style promise into a debate over where the money would come from, whether Congress would approve it and what effect such a massive payout could have on the U.S. economy. Trump said the payments would be tied to …
Trump’s $5,000 Dividend Plan Faces Questions Over Cost, Congress and Market Impact Read More »
Brent crude held above the $100-a-barrel mark on Thursday even as prices eased slightly, with escalating attacks on shipping around the Gulf raising fresh concerns about disruptions to global oil supplies. Brent futures slipped 0.7% to $100.50 a barrel by 0619 GMT, while U.S. West Texas Intermediate crude fell 0.5% to $95.58. The latest gains …
Oil stays above $100 as tanker attacks revive fears of tighter supplies Read More »
Iraq is looking to significantly expand its oil export infrastructure, with plans to raise pipeline shipments through Syria and TĂĽrkiye’s Ceyhan port to more than 1 million barrels a day. Oil Minister Bassem Mohammed Khudair said Iraq’s crude exports had reached roughly 3 million barrels per day in September. He added that the country remains …
Iraq Eyes Major Expansion of Oil Export Routes Through Syria and Türkiye Read More »
Egypt’s mobile wallet ecosystem recorded another sharp expansion in the first half of 2026, with transaction activity climbing 62% year-on-year as consumers increasingly turned to digital payments. Data from the National Telecom Regulatory Authority (NTRA) showed that mobile wallets linked to telecom operators processed 2.22 billion transactions during the six-month period, compared with the previous …
Egypt’s Mobile Wallet Boom Accelerates as Transactions Cross EGP 2.9 Trillion Read More »
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