Newsfeed – Business News
Iran war redraws global sea routes, pushing Asia–Europe traffic around Africa as Hormuz and Red Sea choke
PARIS, May 1 — The closure of the Strait of Hormuz as well as tensions in the Red Sea are reshaping trade routes, with Africa becoming a hub of global […]
EU kickstarts Mercosur trade pact to counter US tariff shock and rising Chinese competition, eyes export boost
EU-Mercosur deal provisionally to apply from May 1 despite EU Parliament challenge Trump tariffs caused rush of trade accords, also with India, Indonesia, Australia, Mexico EU faces competition from China […]
Income gap widens: Global inequality deepens as executive pay soars and real wages stagnate, Oxfam warns
BERLIN, May 1 — Executive pay around the world has risen sharply in recent years, while all other workers have had less and less money at their disposal, according to […]
Nearly 700,000 Malaysian workers at high risk from AI and automation, with adaptability now key to sustainability, says TalentCorp
KUALA LUMPUR, May 1 — As artificial intelligence (AI) and automation accelerate, they are reshaping how we work while putting Malaysia’s workforce to the test, requiring greater resilience and adaptability […]
SME Corp Malaysia pushes digitalisation, automation to boost MSME productivity under Business Strategic Plan 2022–2030
JOHOR BAHRU, May 1 — Digitalisation and automation of micro, small and medium enterprises (MSMEs) have been identified as one of the five key focus areas in the Business Strategic […]
Bangladesh signs biggest-ever Boeing deal for 14 aircraft for Biman Bangladesh Airlines fleet expansion
DHAKA, May 1 — Bangladesh yesterday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced—the […]
Oil slumps after hitting peak, US indices reach new records
NEW YORK, May 1 — Oil prices struck a four-year high yesterday on worries about a resumption of hostilities in the Middle East, before slumping to end the day. […]
Tim Cook hails ‘best March quarter ever’ as Apple beats forecasts ahead of CEO transition
SAN FRANCISCO, May 1 — Apple said yesterday it had its best-ever start to the year when it came to earnings, with iPhone demand and digital service sales helping it […]
How the UAE’s Opec exit could reshape its trade ties with Saudi Arabia
ABU DHABI, May 1 — The United Arab Emirates’ withdrawal from Opec weakens the group’s control over global oil markets and potentially risks widening a rift with Gulf neighbour Saudi […]
Japan says it is ‘nearing moment’ for action as yen sinks to weakest level since 2024
TOKYO, April 30 — Japan’s finance minister hinted strongly today that Tokyo was close to intervening in the market to support the yen, after the currency slipped to its lowest […]