Russia warns Armenia that drifting from Moscow might mean losing access to discounted gas supplies, underscoring the vital energy links amid escalating regional tensions, Reuters reports
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A draft Australian LNG policy has sparked fierce opposition from industry leaders, who warn it could choke investment and erode the nation's competitive advantage. Growing voices are urging the government to reconsider these measures, seen by many as overly restrictive
Shakira has been completely cleared of all tax fraud charges, with a Spanish court ordering the return of an astonishing $70 million. This groundbreaking verdict marks a huge victory for the singer after her intense, years-long legal battle
The Indian rupee soared to a two-week peak, propelled by plunging oil prices that slashed import expenses and sparked a decline in forward premiums. Traders are upbeat, anticipating the currency will hold steady as inflation pressures continue to ease
Jardine Matheson is making a powerful move by acquiring Australia's I-MED for an impressive $2.4 billion enterprise value, dramatically boosting its healthcare portfolio. This bold step marks a strategic leap into the fast-growing world of medical diagnostics, positioning the company at the forefront of industry innovation
Former President Lula has surged ahead of Flavio Bolsonaro in the latest Brazil election poll, Reuters reports. This unexpected shift comes in the wake of the Banco Master scandal, which has dealt a major blow to Bolsonaro's campaign momentum
At least 90 lives were tragically lost in China's deadliest coal mine disaster in over 16 years, Reuters reports. Rescue teams are racing against the clock as authorities scramble to uncover the cause of the devastating explosion that has left many miners trapped deep underground
Ukraine has launched a daring strike on a Russian oil refinery in Yaroslavl, President Zelenskiy announced, marking a significant escalation in the ongoing conflict. According to Reuters, this bold attack hits at the heart of Russia's critical energy infrastructure
Germany's Ifo business sentiment index delivered an unexpected boost in April, igniting cautious optimism among companies. However, despite this positive turn, the overall outlook remains fragile as economic uncertainties continue to cast a shadow, Reuters reports
Former President Donald Trump is set to make a notable appearance at the upcoming G7 summit in France, a White House official confirmed. This influential gathering will address critical global economic and security issues, highlighting Trump's continued impact on the international stage
The top diplomats from the US, Japan, Australia, and India are gearing up to convene in Delhi for the upcoming Quad summit, Japan announced-underscoring the deepening strategic ties among these vital Indo-Pacific partners
Japan's core inflation has fallen to its lowest level in four years, raising concerns about the nation's economic drive. However, experts stay hopeful, anticipating a rebound powered by recent energy price surges that may soon lift consumer prices higher
Australia's unemployment rate has soared to its highest point in 4½ years, easing inflation concerns and casting doubt on any upcoming interest rate hikes, Reuters reports. The path to economic recovery now encounters new challenges
Russia and China have unleashed a sharp rebuke of the United States' "Golden Dome" initiative, accusing Washington of stoking tensions and endangering regional stability, Reuters reports
Brazil is charting bold new routes for its farm exports following the recent US-China trade deal, Reuters reveals. This dynamic strategy aims to seize emerging market opportunities and secure Brazil's leading edge in the global agricultural landscape
Argentina has clinched a staff-level agreement with the IMF, unlocking a vital $1 billion disbursement. This breakthrough deal promises to strengthen economic stability as the nation tackles its ongoing financial challenges
India has swiftly rolled out new restrictions on select silver imports to protect domestic producers and strengthen its trade balance, Reuters reports. This bold move is poised to send shockwaves through global silver markets and shake up supply chains around the world
Russia launched its most intense drone assault on Ukraine in two days, targeting both civilian and military sites, Reuters reports. Despite Ukrainian defenses intercepting many drones, the attacks still caused significant damage and casualties
MSCI's May index review stirred the market by adding four Indian stocks while dropping four others, highlighting dynamic shifts in investor sentiment. These updates underscore growing excitement around India's fast-growing economy, Reuters reports
Commonwealth Bank shares tumbled sharply following new tax changes and increased provisions that rattled the market, dragging down Australian lenders. Investors are growing increasingly uneasy as widespread sector challenges and regulatory shifts fuel uncertainty, Reuters reports