Economy
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Yemen Red Sea port capacity down sharply after hostilities, UN says
Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a…
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Aramco chief says expects additional oil demand of 1.3 mln bpd this year
Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects…
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Crypto executives warn Trump’s memecoins harm the industry
Donald Trump and his wife Melania’s new memecoins ignited criticism from crypto executives who were expecting the digital-asset sector to be…
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Bitcoin hits record above $109,000 awaiting Trump
Bitcoin reached an all-time high of $109,241 as the US prepares to inaugurate pro-crypto President-elect Donald Trump. The original cryptocurrency…
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UN says 915 aid trucks entered Gaza on Monday
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said 915 aid trucks entered the Gaza Strip on Monday, the…
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Toyota unit to settle emissions scandal for $1.6bn
Toyota subsidiary Hino Motors has agreed to pay $1.6bn (£1.3bn) and plead guilty to deceiving US regulators about the amount…
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US Treasury to take ‘extraordinary measures’ to avoid debt default
The US Treasury Department will start taking “extraordinary measures” next week to avoid risking a default on government debt, Secretary…
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India likely to cut disinvestment goal by 40 percent for FY25: Report
India will likely cut its disinvestment and asset monetization target by 40 percent for 2024-25 in the federal budget to…
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Trump launches his own meme coin, value soars
US President-elect Donald Trump has launched his own cryptocurrency, appropriately called $TRUMP, sparking feverish buying that sent its market capitalization…
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Russia says it will counter any UK-Ukraine cooperation in Sea of Azov
The Russian Foreign Ministry said on Saturday Ukraine and Britain “had no room” for cooperation in the Sea of Azov,…
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