Azerbaijan's SOCAR, Kazakhstan's KazMunayGas, Uzbekistan's Uzbekneftegaz, and Russia's Tatneft have signed a landmark agreement to cooperate on decarbonization and sustainable development initiatives.
Tengizchevroil, a leading company in Kazakhstan, has officially announced the appointment of William Lacobie as its new General Director. He will assume the role on June 10, 2025.
China’s development centered on digital resources is gaining momentum under a new three-year plan aimed at boosting information use to support economic and social growth.
The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area.
OPEC+ is turning up the heat on U.S. shale producers in a renewed bid to reclaim market share, but early signs of slowdown suggest it will take more sustained pressure to truly shift the global oil balance.
Foreign investors continue to retreat from Japan's long-term bonds for a fourth week, amid inflation and fiscal uncertainty, while stock markets remain a bright spot.
Nvidia topped first-quarter earnings expectations but cut its second-quarter outlook, citing an $8 billion blow from tighter U.S. export rules on AI chips to China.
Top U.S. banks are quietly preparing to enter the crypto market through cautious pilot programs and partnerships, as regulators offer clearer signals. While enthusiasm grows, most lenders remain hesitant, seeking more clarity on rules before committing heavily.
Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
The bank's latest trading update has helped reassure analysts at Morgan Stanley, despite a disappointing first-half result in February.
Asian stock markets remained steady on Monday as euro strengthened following an extension of U.S. tariff threats by President Donald Trump, giving temporary relief to investors amid ongoing trade uncertainties.
The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
Chinese Premier Li Qiang says Beijing is considering new, even unconventional, policy tools as global trade disruptions intensify.
Denmark has become the first European country to raise its retirement age to 70, aiming to secure the sustainability of its welfare system amid changing demographics and longer life expectancy.
The U.S. Mint will end production of the penny by early next year, citing high manufacturing costs and a directive from President Donald Trump.
Oil prices fell for the first time in three weeks, with expectations mounting that OPEC+ will raise production in July, Bloomberg reported.
Adidas and Puma are expected to raise prices in the U.S. after Nike increased footwear costs, as rising import tariffs push up expenses across the sportswear industry.
Shein says French consumers may face higher prices if the EU imposes handling fees and France enacts new penalties on fast fashion. The platform criticizes the lack of dialogue with authorities as pressure mounts on budget e-commerce models.
Telegram has reported a remarkable $540 million profit last year, marking its first annual profit after years of losses. The Dubai-based messaging app’s revenues surged to $1.4 billion in 2024, up from $343 million the previous year, based on a company presentation reviewed by the Financial Times.
The U.S. government's decision in April 2025 to impose stricter export controls on advanced semiconductors has delivered a significant blow to Nvidia, compelling the company to obtain licenses for sales of its H20 AI chips to China—one of its largest and most strategically important markets.
