International Financial News

Subscribe to enjoy similar stories. A Chinese ship that sailed over two severed data cables in the Baltic Sea around the time they were cut has been stopped by the Danish navy as part of an international investigation into what police say is a possible act of sabotage.

Subscribe to enjoy similar stories. The Indian Premier League (IPL) laid out a level playing field through player auctions from the very outset in 2008. Every team has a fixed purse, ensuring that the richest franchises cannot dominate the league simply by buying the best players.

Subscribe to enjoy similar stories. For India's steelmakers facing the lowest prices in the last four years, things may get worse before they get better. Top manufacturers including Tata Steel Ltd and the Steel Authority of India Ltd (SAIL) are bracing for a challenging December quarter, with a recovery expected only in the fourth quarter.

Subscribe to enjoy similar stories. Global private equity firm Advent International is eyeing a controlling stake in listed luggage and travel accessories maker VIP Industries, three people with knowledge of the development said. This marks a revival of sale talks after almost a year when the Dilip Piramal-led promoter group first decided to pare stake.

A federal appeals court says it is ending a dispute over whether the state or the city will control the airport board in Mississippi’s capital of Jackson

Brazil's President Luiz Inácio Lula da Silva has welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, in the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump...

Trade (DPIIT) has approved the ₹10,000-crore acquisition of Anil Ambani-promoted Reliance Capital by Hinduja Group-backed IndusInd International Holdings (IIHL), sources familiar with the development told ET. With this approval, all regulatory clearances required to finalise the transaction are now in place, said sources. IIHL had already secured approvals from the Reserve Bank of India (RBI), the Insurance Regulatory and Development Authority of India (IRDAI), and stock and commodity exchanges earlier this year.

Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars

Agar traders feel that industry will be transact business to the tune of a whopping Rs.50,000 crore annually once international trade centre comes up in Assam. MJI Perfumes, Assam's first make in perfume from agar, has attracted hordes of visitors at the Assam Pavilion in the ongoing 43rd India International Trade Fair (IITF) at the Bharat Mandapam in New Delhi. One of the highlights of the Assam Pavilion, the stall selling Agar and its derivatives has evoked a very good response from the residents of Delhi-NCR. The man who is on mission agar is none other than Dr.Jehirul Islam. Dr Islam returned to Assam from Saudi Arabia in 2008 and plunged headlong into deep research in agarwood farming. Called ‘liquid gold’ for its high commercial value, as its oil is used for making perfumes that are loved by the people in the Middle East and the Arab world, he discovered the disease in this indigenous plant and also pioneered the legalisation of its trade.

Subscribe to enjoy similar stories. VIENNA—Iran sharply increased its stockpile of nearly weapons-grade uranium amid its confrontation with Israel, according to the United Nations atomic-energy agency, in a challenge to the incoming Trump administration. Iran’s decision to expand its stockpiles of nuclear fuel and its failure to fully cooperate with the International Atomic Energy Agency, the IAEA, which monitors Tehran’s work, is set to trigger fresh diplomatic pressure from Europe.

Subscribe to enjoy similar stories. RIO DE JANEIRO : As Xi Jinping prepares for a thorny trade relationship with President-elect Donald Trump, he is cultivating a rapport with someone he calls a like-minded good friend, Brazilian President Luiz Inácio Lula da Silva. The populist leftist shares Xi’s goals of checking America’s global economic dominance.

Subscribe to enjoy similar stories. A few months back, Prosus, one of the world’s largest technology investors, faced a debilitating condition in India. It wrote off its entire $500 million investment in Byju’s, six years after it first backed the edtech company once valued at $22 billion.

Ontario Teachers’ Pension Plan (OTPP) agreed to acquire a co-control stake in Stockholm-based financial advisor Max Matthiessen from private equity firm Nordic Capital Ltd.

First came Conservative Leader Pierre Poilievre’s “Axe the tax” ads targeting the carbon tax. Now the Alberta government is running a “Scrap the cap” campaign, in reference to the federal government’s plan to — for purely performative reasons — impose a cap on emissions from the oil and gas sector.

GNFC) on Wednesday said it will form a 50:50 joint venture with Britain's INEOS Acetyls International to build and operate a world-scale acetic acid facility in India. The joint venture will oversee both the plant's operations and coordinate marketing efforts for domestic distribution of acetic acid produced at the facility, the company said in a regulatory filing. The memorandum of understanding, signed on November 20, provides for equal representation on the board of directors and equivalent subscription rights in the new entity, the company said. A formal joint venture agreement is expected to be finalised at a later date.

Iraq has begun its first nationwide population census in decades in a step aimed at modernizing data collection and planning in a country long impacted by conflict and political divisions

Large protests have been held in Greece as part of a 24-hour nationwide general strike called by labor unions timed to coincide with the government submitting its 2025 budget to Parliament

Subscribe to enjoy similar stories. Last month’s Brics summit in Kazan, Russia, was, like all summits, heavy on photo ops. And it yielded a second act that was similarly heavier on symbolism than substance: the release of a report by the Russian finance ministry and central bank on “improvement of the international monetary and financial system," by which Russian officials obviously meant “finding an alternative to the weaponized dollar." Expressions of dissatisfaction with the dominance of the dollar over global money and finance go back at least to French finance minister Valéry Giscard d’Estaing in 1965, who famously lamented the greenback’s “exorbitant privilege." Indeed, the desire for an alternative played no small part in the creation of the euro 34 years later.

United Nations Security Council (UNSC), emphasising the Council’s outdated structure, which no longer reflects modern global realities. Speaking at Columbia University's School of International and Public Affairs, India’s Permanent Representative to the UN, Ambassador Parvathaneni Harish, stated, «The Security Council structure, as it stands today, is a reflection of 1945. It does not reflect today's realities.» Harish, delivering a keynote address titled Responding to Key Global Challenges: The India Way, underscored that the current framework hinders the UNSC’s ability to tackle pressing issues effectively.

Last year, then-presidential candidate Javier Milei declared Argentina would not “make deals with communists” in China or Brazil, calling their leaders “murderers” and “thieves” in a bid to channel the populist energies of Donald Trump into a winning p...

Belem, a bustling metropolitan area of 2.5 million people near the mouth of the Amazon River, is preparing to host COP30 next year