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Business

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Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

U.S. stocks recover after Trump-tariffs-induced slump
U.S. stocks recover after Trump-tariffs-induced slump

NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea
Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

BRICS issues rebuke on trade and Iran, avoids direct US criticism
BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...

BP appoints ex-Shell finance chief Simon Henry to board
BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...

World

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US debt limit raised, but spending bill fuels fiscal concerns
US debt limit raised, but spending bill fuels fiscal concerns

NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...

BRICS in Rio: From Global South to global power
BRICS in Rio: From Global South to global power

The 17th BRICS summit was more than a photo op. It was a coordinated rejection of Western power and a declaration of intent A few...

UN expresses concern over Houthi escalation in Red Sea
UN expresses concern over Houthi escalation in Red Sea

NEW YORK, 10th July, 2025 (WAM) -- The United Nations Special Envoy to Yemen, Hans Grundberg, expressed deep concern over the recent...

Ruble hits two-year high against dollar
Ruble hits two-year high against dollar

The Russian currency has also surged against the euro, boosted by government policy support The Russian ruble surged to a two-year...

Echoed Trump's "disappointment and frustration" at lack of progress in peace talks: Rubio after meeting Lavrov
Echoed Trump's "disappointment and frustration" at lack of progress in peace talks: Rubio after meeting Lavrov

Kuala Lumpur [Malaysia], July 11 (ANI): US Secretary of State Marco Rubio said that he echoed US President Donald Trump's 'disappointment...

500% secondary tariffs wont derail Russian policy Moscow
500% secondary tariffs wont derail Russian policy  Moscow

Russia knows how to work under sanctions, Russian Deputy Foreign Minister Sergey Ryabkov has said Moscow will adapt if the US imposes...