Australian design platform Canva has announced a major restructuring affecting 22 per cent of its workforce, with 1,271 employees facing job cuts, relocations or changes to their roles as the company grapples with slowing growth and rising AI costs.
British Petroleum (bp) spent nearly $1.5 billion with suppliers and contractors across Azerbaijan, Georgia and Türkiye in the first nine months of 2026, highlighting the economic reach of major energy projects beyond oil and gas production.
Seven OPEC+ countries agreed on Sunday, 1 November, to keep oil production targets unchanged for December, extending an earlier freeze. But with the Iran war disrupting supplies and prices fluctuating, what is really driving the global oil market?
Cryptocurrencies are volatile, and their crashes make headlines. But does a slump in digital coins ever spill over into the pounds, dollars and euros in people's bank accounts? The short answer is not directly, but indirectly it can, and regulators are increasingly worried about how.
Russian President Vladimir Putin has praised record trade with Egypt as Moscow seeks to use its economic ties with Cairo to expand its influence across Africa, with a focus on manufacturing, infrastructure and energy.
China has strongly opposed U.S. sanctions on two Chinese companies accused of supplying military equipment to Cuba, warning that the measures undermine bilateral economic relations and violate international law.
While the economies of several major Gulf countries have contracted in 2026 amid the fallout from the Iran war, Oman is on course to grow by 4.1 per cent this year, according to projections from the International Monetary Fund (IMF).
Saudi Arabia has given Pakistan more time to repay a $3 billion loan. Pakistan's Finance Minister, Muhammad Aurangzeb, announced the extension on Wednesday (4 November).
Dubai will host GITEX Global 2026 from 7 to 11 December, bringing together global technology leaders, governments and investors as surging demand for artificial intelligence (AI) puts pressure on energy supplies, computing capacity and digital infrastructure.
Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could slow infrastructure development and threaten the boom that has driven market gains this year.
Romanian authorities said late on Thursday that two additional planes had received bomb threats including a KLM flight to Tel Aviv that had a layover in Bucharest.
U.S. President Donald Trump has predicted a breakthrough in efforts to end the war in Ukraine after meeting Russian President Vladimir Putin’s envoy, Kirill Dmitriev, ahead of U.S.-mediated peace talks between Moscow and Kyiv in Abu Dhabi on 10-11 November.
U.S. Defense Secretary Pete Hegseth has vowed to fight attempts to impeach him, dismissing the growing campaign against him as politically motivated amid mounting criticism of his handling of the war in Iran.
Two people, including a child, were killed and 16 others injured when an intercity bus crashed in eastern France on Friday morning, authorities confirmed.
Kyrgyzstan has emerged as Central Asia’s fastest-growing economy, fuelled by a construction boom, public investment and trade linked to Russia. But with Western sanctions tightening, can the country sustain its rapid growth?
Snap Inc, the parent company of Snapchat, has settled a lawsuit brought by two teenagers who alleged that the platform was designed to encourage compulsive use, contributing to depression, anxiety and eating disorders.
Foreign ministers from the U.S., Japan, Australia and India raised concerns over export restrictions and economic coercion at a Quad meeting in Atlanta, U.S., on Saturday, 31 October 2026, according to their joint statement.
People travelling between Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Azerbaijan could soon be able to pay for purchases using their usual banking apps. Central banks from the five countries are working on linking their national payment systems.
Hackers have pulled off a staggering $6.3 billion cryptocurrency heist targeting Binance, shaking confidence in one of the world's biggest digital asset exchanges and sending crypto prices tumbling. U.S. analysts suspect North Korea was behind the attack.
Kazakhstan could begin building its first nuclear power plant in 2027, President Kassym-Jomart Tokayev said on 28 October, according to Azertac. But as Central Asia steps up its energy ambitions, which countries are investing in nuclear power and which are pursuing alternatives?
Apple's latest iPhone 18 Pro series has outperformed its predecessor in early global sales, even as rising manufacturing costs and weaker demand in some markets put pressure on the smartphone industry, according to Counterpoint Research data released on Tuesday (27 October).
Russia's President Vladimir Putin is hosting the Eighth Gas Exporting Countries Forum (GECF) summit in Moscow. The Kremlin has said leaders will discuss the role of gas in global energy security and adopt a final declaration.
Uzbekistan is moving into a new phase in the development of Islamic finance, with the country’s first Islamic banking licence issued shortly before a regional forum in Samarkand brought together industry players to discuss how the sector can expand across Central Asia.
The European Union is pushing to deepen trade ties with Asia as rising global trade barriers threaten international commerce, German Chancellor Friedrich Merz said during a visit to Singapore on Tuesday (27 October).
As Israelis head to the polls on Tuesday, 27 October, the Israeli economy faces a paradox; soaring stocks and a stronger currency alongside rising public debt and billions of dollars in war costs. What do the figures reveal about the challenges awaiting the next government?
Brazilian President Luiz Inácio Lula da Silva has secured another four years in office, but slowing growth, expensive credit and mounting public debt threaten to test the economic gains of his previous term.
