Business

The Ireland Strategic Investment Fund has come under pressure from the main opposition party, Sinn Fein, to divest the assets from Israel.

The bullion rate has rallied almost 26 percent since October 2023, driven by voracious demand from the world’s two top consumers – China and India.

Oil market rattled as US crude inventories surge by 3.2 million barrels, sparking demand worries.

Under investigation are two consortiums, one of which includes the Enevo group in Romania, and the other a German subsidiary of Chinese parent company Longi Green Energy Technology.

TRT World spoke to Mohamed Saeed, Maldivian economic and trade minister, about the challenges facing the island country.

The two top global energy producers have devised ways to circumvent the US-led economic measures and divert most of their crude to China, the world’s top consumer.

Starlink claims that Telecom Italia for months has failed to comply with regulations that require it to share data to avoid frequency interference.

Trying to steer clear of the China-Taiwan dispute, Japan is looking to become an attractive destination for chipmakers by offering them massive subsidies.

Six months after being recalled for risk of catching fire, most of the autos remain unrepaired, putting their owners and their families in danger.

Gold prices soared to record highs amid signs of US inflation moderation, while other metals also saw gains.

Acknowledging election risks, San Francisco-based company says the model can duplicate someone's speech based on a 15-second audio sample, but it has yet to decide how to deploy the technology.

The Pakistani business elite believes it can greatly benefit from India’s exports of technology and raw materials at affordable prices, compelling Islamabad to soften its stance on its estranged neighbour.

Despite ongoing tensions and US sanctions, Huawei reports a significant profit surge as it navigates a contentious global tech landscape.

US senators Susan Collins and Michael Bennet are spearheading a bid to convince Department of Agriculture to back away from plans to call the root vegetable a grain, a move they fear would hurt farming.

The tech giant's CEO, who is putting 'everything on the line' to challenge CEO Elon Musk, says Xiaomi's EV will recreate the thrill of driving a sports car.

X accounts with 2500 verified subscribers will receive premium features for free, while those with over 5000 verified followers will gain access to the exclusive Premium+ tier, unlocking additional benefits alongside premium features.

Hit by inflation, high interest rates and cooling exports, the German economy shrank by 0.3 per cent last year and is struggling to emerge from the doldrums.

Last year's walkouts cost Deutsche Bahn some 200 million euros ($217 million), according to estimates by the operator, which overall recorded a net loss for 2023 of 2.35 billion euros.

Under the new rules, the commission can impose fines of up to 10 percent of a company's total global turnover, 20 percent for repeat offenders, and can order the break up of companies in extreme circumstances.

Biden signs bipartisan funding bill, keeping government open, investing in Americans, and boosting economy & security.

Facing a looming debt default deadline, Ethiopia hosts an IMF delegation as they focus on a $3.5 billion loan crucial for economic reforms and staving off financial crisis.

US Secretary of State Antony Blinken says ceasefire agreement between Israel and Hamas could ease geopolitical risks in the region.

The Senate, facing time constraints, must rapidly pass the package to prevent a partial government shutdown, as the bill, a bipartisan compromise, aims to invest in the economy, national security, and community safety.

The global lender has approved $337 million in bailout funds after a positive review of the country's progress.

European Central Bank's annual report urges banks to update their risk management plans to handle potential challenges from higher rates and new competitors.

French regulators have punished Google with over $270 million for failing to uphold a 2022 agreement on content payment, a move to ensure fair compensation for news organisations.

Deal releases $1.1 billion, preventing a potential debt default on Pakistan's debt repayments amidst economic crises.

Traders await economic and interest rate projections for the rest of the year with the US central bank expected to hold rates steady

European Union foreign policy chief Josep Borrell says he will also propose that the remaining 10 percent be transferred to the EU budget to be used to boost the capacity of the Ukrainian defence industry.

The policy shift aims to combat inflation and achieve price stability but could raise borrowing costs for businesses and the government.