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Billionaire businessman David Rubenstein argued at the World Economic Forum former President Trump has a clear shot at victory.

Global South. Echoing India's thought Russia wants to project BRICS as non-Western and not anti-Western concept. “BRICS is not targeted against anyone…it offers alternative instruments, which are supposed to be safe from the politicised Western architecture, including in the context of de-dollarisation.

Pakistani cricketer Shoaib Malik has embarked on a new chapter in his marital journey by tying the knot with Pakistani actress Sana Javed. This development comes amid swirling speculations about his separation from Indian tennis legend Sania Mirza. The couple, who shared glimpses of their wedding on Saturday, radiated happiness in their joint Instagram post, captioned, «Alhamdullilah. And we created you in pairs.»

An emerging-market money manager who is outperforming 99% of his peers says equity investors can make money in 2024 whether the Federal Reserve cuts interest rates or not, by focusing on countries undergoing economic transformations.

Israel’s president says normalizing ties between Israel and Saudi Arabia would be a key element of ending the war with Hamas and a game-changer for the entire Middle East

With war in Ukraine, tensions in the Taiwan Strait and South China Sea, Israelis fighting Hamas in Gaza, and missiles flying through the skies from the Red Sea to Pakistan, Davos Man wants to know how Uncle Sam plans to restore order. The Biden administration doesn’t want its allies and adversaries to think things are spinning out of control, so Secretary of State Antony Blinken and national security adviser Jake Sullivan dropped into Davos to reassure all and sundry that the Americans are on the job. Mr.

Davos: Supply cuts by OPEC , costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world's third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. "Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated.

Hardeep Singh Puri said. «Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated. No-one is looking at that», Puri told Reuters in an interview at this week's World Economic Forum in the Swiss ski resort of Davos, referring to attacks by the Houthis on ships in the Red Sea. Puri said that while OPEC+ nations have a right to decide on their energy production, supply cuts against such uncertainty, and the resulting adverse impact on global prices, will dent long term demand. It is «imperative» for India to accelerate its transition to green energy in this scenario, he added. Iraq followed Saudi Arabia in charging a premium for oil supplies to Asian markets which made their crude «more expensive than crude sourced elsewhere», the minister said, noting India is now buying from 37 countries up from 29 earlier.

oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would lead to a shortage of tankers due to longer voyages and a supply delay, the CEO of Saudi oil giant Aramco said. Amin Nasser told Reuters he expected the oil market to tighten after consumers depleted stocks by 400 million barrels in the last two years, which left OPEC's spare capacity as the main source of additional supply to meet rising demand. Attacks by the Houthis on ships in the Red Sea have forced many companies to divert cargoes around Africa. The Iran-aligned Houthis say they are acting in solidarity with Palestinians during Israel's ongoing war with Gaza. «If it's in the short term, tankers might be available… But if it's longer term, it might be a problem,» Nasser said in an interview on the sidelines of this week's World Economic Forum in the Swiss ski resort of Davos. «There will be a need for more tankers and are they going to have to take a longer journey». Container vessels have been pausing or diverting from the Red Sea that leads to the Suez Canal, the fastest route from Asia to Europe, where about 12% of world shipping passes.

₹ 3,605.7, hit on Monday. On Tuesday, L&T said that its construction arm has bagged a “mega" order, valued between ₹ 10,000 crore and ₹ 15,000 crore for constructing a high-speed electrification system for the Mumbai-Ahmedabad bullet train project. This significant domestic contract is expected to bolster L&T’s order book and revenue stream.

The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.

The anti-poverty organization Oxfam International says the world could have its first trillionaire within a decade

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Energy & Utilities and Real Estate Development sectors led shares lower.

After 100 days, Israel’s war with Hamas is turning into a protracted conflict with no clear end, threatening to spread across the Middle East, disrupt global trade and bog down the U.S. One of the biggest geopolitical events this century, the war has swung from a Hamas attack on Oct. 7 that Israel says killed 1,200 people to the Israeli military’s ferocious retaliation against the militant group in Gaza.

Deputy national security advisor (NSA) Vikram Misri will represent India at a peace meeting on Ukraine in Davos this weekend and is expected to suggest creation of a formula that is acceptable to all sides. India will emphasise on a holistic approach to creation of peace formula that should involve presence of all stakeholders in talks and the process for a durable peace, said people with knowledge of the matter. Misri will drive home India’s long-standing position on dialogue and diplomacy as the way forward to end the conflict, they said. This is the fourth edition of peace talks under the Copenhagen format led by NSAs.

NSA) Vikram Misri will represent India at a peace meeting on Ukraine in Davos this weekend and is expected to suggest creation of a formula that is acceptable to all sides. India will emphasise on a holistic approach to creation of peace formula that should involve presence of all stakeholders in talks and the process for a durable peace, said people with knowledge of the matter. Misri will drive home India's long-standing position on dialogue and diplomacy as the way forward to end the conflict, they said. This is the fourth edition of peace talks under the Copenhagen format led by NSAs.

By Phil Stewart and Idrees Ali

Mint takes a closer look at the situation. For close to two months, attacks on ships on the vital Red Sea routes have troubled the international community. The Houthis, a rebel group in northern Yemen, have launched these attacks in an effort to punish Israel, a key link along the trade route, for its military offensive in Gaza.

In a seismic shift in the tech industry, Microsoft (NASDAQ:MSFT) briefly dethroned Apple (NASDAQ:AAPL) as the world's most valuable company yesterday, boasting a market cap of $2.888 trillion against $2.887 trillion for the Cupertino, California-based behemoth.

Witnesses in Yemen confirmed explosions throughout the country. Brent crude futures were up $3.16, or 4.1%, at $80.57 a barrel at 1124 GMT, while U.S. West Texas Intermediate crude futures climbed $3.05, or 4.2%, to $75.07. Both benchmarks were on course for a second straight weekly rise. The U.S.

Houthi rebels over their attacks on shipping in the Red Sea pulled the world's focus Friday back on the yearslong war raging in the Arab world's poorest nation, even as shipping across the wider Mideast remains threatened. As the bombing lit the predawn sky over multiple sites held by the Iranian-backed rebels, Saudi Arabia quickly sought to distance itself from the attacks as it seeks to maintain a delicate detente with Iran and a cease-fire in the Yemen war from which it hopes to finally withdraw. Meanwhile, the U.S.