Newsfeed – Business News
IMF warns of tough global economic times ahead if Middle East war drives oil prices higher
WASHINGTON, April 16 — IMF chief Kristalina Georgieva warned yesterday of difficult times ahead for the global economy if war in the Middle East is unresolved and oil prices […]
Ringgit opens higher as hopes of US-Iran talks ease oil price pressure
KUALA LUMPUR, April 16 — The ringgit opened marginally higher against the US dollar today, supported by optimism that renewed US-Iran talks could ease tensions along key global oil routes. […]
India’s green fuel plans trigger protests as rural India fears water loss and land diversion
Ethanol expansion triggers protests across rural India Farmers fear water loss and land diversion Weak consultation fuels distrust of biofuel projects NEW DELHI, April 16 — Protests are rippling across […]
AI everywhere, data nowhere: Firms race into AI but data access and quality lag, survey shows
KUALA LUMPUR, April 16 — Most organisations still lack the data foundation needed for success despite growing adoption of artificial intelligence (AI), according to Cloudera’s latest global survey examining enterprise […]
Global firms delay IPOs and scrap dividends as Middle East conflict rattles markets
LONDON, April 15 — The Middle East conflict has significantly impacted global financial markets, affected logistics and hindered the supply of raw materials integral to a host of industries. Below is […]
Price hikes, outlook cuts: From AirAsia X to Westjet, global airlines react as fuel prices rocket
LONDON, April 15 — A surge in jet fuel prices driven by the US-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise […]
At Canton Fair, Chinese exporters and Middle East importers fret over Iran war fallout on trade
GUANGZHOU, April 15 — Suppliers and buyers at a trade show in southern China were cautious today as they weighed costs for ice cream machines, home appliances and cars that […]
Indonesia moves to stabilise plastic supply, urges producers to cut margins for SMEs
JAKARTA, April 15 — Indonesia is taking steps to safeguard plastic supply and ease cost pressures on small and medium industries amid a looming global raw material shortage. Industry Minister […]
‘When we needed them, they were not there’: Trump threatens to revise UK trade accord
LONDON, April 15 — US President Donald Trump has threatened to renege on a trade agreement with the UK, limiting the impact of US tariffs, as he again criticised Britain’s […]
Ringgit eases against US dollar on profit-taking after recent gains
KUALA LUMPUR, April 15 — The ringgit closed lower against the US dollar today on profit-taking following recent gains, said an analyst. At 6 pm, the local currency inched down […]