Economy

Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion house grapples with a challenging luxury retail environment.…

Romania’s 2025 presidential election is not a normal election. This election is a rerun following the annulment of the December 2024 election due to Russian interference.  And the story keeps getting…

Industrial metals, including copper and iron ore, saw positive price movements following an agreement between the US and China to temporarily reduce tariffs on each other’s imports.Following a US-China agreement…

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped…

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of…

Global defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988. More than 100 countries raised their defence budgets, with Europe, Asia, and the Middle…

The trade war between the US and China escalated fast this year. And just as quickly, both sides returned to the table. Over one weekend in Geneva, top officials from…

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. Brent crude oil prices fell below $60 at the beginning of…

Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by traders, according to tanker tracking firms, company documents, and…