Sunway Sri Idris Jala Retires As Independent And Non Executive Co-Chairman
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By Jaspreet KalraThe Indian rupee logged its first quarter-on-quarter gain since March 2025, even though it slipped on Tuesday, thanks to a sharp retreat in oil prices and a salvo of policy measures to draw dollar inflows.The currency FX_IDC:USDINR ended the day at 94.66 per dollar, down slightly f…
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Brazil's 2026/27 agricultural Safra Plan will total between 608 billion and 610 billion reais ($117.53 billion and $117.91 billion), newspaper Estadao reported late on Monday citing an interview with Agriculture Minister Andre de Paula.The plan will provide a record 525.1 billion reais in funds ava…
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White House officials last year awarded a no-bid contract worth up to $500 million for the construction of the East Wing ballroom, the Washington Post reported on Tuesday, citing a copy of the agreement.Reuters could not immediately verify the report.
India's Russian oil imports surged to a record high in June, ship tracking data from LSEG and Kpler showed, as refiners snapped up Russian barrels to mitigate the impact of the Strait of Hormuz closure on other sources of supply.
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Irish inflation eased to 3.3% in June from 3.5% a month earlier to hit a four-month low, a flash estimate of the Harmonised Index of Consumer Prices showed on Tuesday.Core inflation, which excludes energy and unprocessed food, also dropped slightly to 2.6% from 2.7% a month earlier, the Central Sta…
Indonesia's capital city Jakarta will issue a municipal bond worth 3.5 trillion rupiah ($195.80 million) this year, its governor Pramono Anung said on Tuesday.The issuance would be the first municipal bond of its kind to be offered in Indonesia, the largest economy in Southeast Asia.Pramono said th…
Portuguese consumer prices rose 3.2% year-on-year in June, down from 3.3% in the previous month, preliminary data from the National Statistics Institute (INE) showed on Tuesday.Core inflation, which strips out volatile food and energy prices and is seen as a better gauge of the underlying trend, ca…
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German publishing group Axel Springer said it closed the acquisition of the Telegraph Media Group on Tuesday, following regulatory approvals in Britain, Ireland and Austria.After buying Politico in a deal valued at around $1 billion in 2021, the Telegraph purchase is Axel Springer's second-largest…
By Mike DolanAlthough some deem it blasphemous to suggest the AI boom is another bubble, the world's central banking forum and watchdog has warned against getting swept up in the frenzy, just as investors appear increasingly reluctant to second-guess it.In its latest annual report on the state of w…
By Lewis KrauskopfThe U.S. stock market faces a gauntlet of tests to keep its rally going in the second half of 2026, from the sustainability of AI spending to a high corporate earnings bar and the outlook for interest rates under a Federal Reserve with a new chairman.The benchmark S&P 500 CBOE:SPX…