President Donald Trump has reiterated that US companies will invest at least “$100 billion” to rebuild Venezuela’s energy sector under American security guarantees.Yet major oil chief executives stopped short of committing to a rapid return as they met with the US President over the weekend.In fact, Exxon’s leader, Darren Woods,…
Federal prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell, escalating a long-running conflict between the US central bank and President Donald Trump and raising fresh questions about the Fed’s independence.The New York Times first reported the probe. In a video and written statement released Sunday evening,…
Gold and silver continued their merry run from last year as prices reached fresh record highs on Monday. Investors flocked to bullion as safe-haven demand increased due to ongoing geopolitical tensions. Growing bets that the US Federal Reserve will further cut interest rates this year also boosted sentiment among investors. Lower interest rates…
Global markets opened the week under pressure as investors reacted to escalating political tensions in the United States, fresh uncertainty over central bank independence, and a series of geopolitical and political developments spanning Asia and Europe. Moves in currencies, equities, and commodities reflected growing unease, while attention also turned to…
Meta Platforms Inc. said it has removed almost 550,000 accounts in Australia to comply with the new rules. The action covers multiple Meta-owned platforms and was disclosed in a company blog post outlining its initial response to the legislation.Australia’s decision to bar children from mainstream social media is moving from…
Seven senior Labour MPs have asked Prime Minister Keir Starmer to prohibit cryptocurrency donations to political parties, urging the government to include a ban in an elections bill expected later this month, according to The Observer and The Guardian.In a letter sent on Sunday, Labour Party MPs who chair several…
Heineken’s share price fell more than 4% on Monday after chief executive Dolf van den Brink said he would step down at the end of May, marking a leadership change at a difficult juncture for the world’s second-largest brewer.Van den Brink, a company veteran who joined Heineken as a management…
President Donald Trump has reiterated that US companies will invest at least “$100 billion” to rebuild Venezuela’s energy sector under American security guarantees.Yet major oil chief executives stopped short of committing to a rapid return as they met with the US President over the weekend.In fact, Exxon’s leader, Darren Woods,…
The Sensex and Nifty 50 indices continued their downward spiral this year, reaching their lowest levels since November 11. The Nifty 50 Index dropped for six consecutive days, reaching a low of ₹25,560, down by 3% from its highest point this year. Similarly, the Sensex dropped to ₹83,220, also much…
Malaysia and Indonesia have blocked access to Elon Musk’s artificial intelligence chatbot Grok, citing concerns that the tool is being used to generate non-consensual, sexually explicit, and obscene content, including material involving women and children. The coordinated action over the weekend marks the first known bans of the AI tool…