The announcement of British Steel's deal to supply rail for Turkey's Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the UK. The eight-figure contract with ERG International Group is a commercial win, but it has also prompted a broader conversation about what it would mean to lose the capability that produced it.
British Steel, at...
India's crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports fell by more than 17%, declining from $40 billion to $33.1 billion in the same period.
December 2025 import data shows successful diversification in practice. Although...
In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is "unsustainable" and expects...
The International Monetary Fund has issued a stark warning about escalating risks to global financial stability, triggered by former US President Donald Trump’s renewed...
U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major...
The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump's sweeping tariffs could reverse global trade progress and...
New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...
New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...
According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...
During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...
