After six big foreign carriers stopped flights to the country due to a recommendation from the US Federal Aviation Administration (FAA), Venezuela has taken steps to revoke their operating permits. The move further restricts the already limited international flight connections to Venezuela and takes heed of threats by authorities in the Venezuelan…
Long-term migration to the UK has shifted sharply, with new data showing a steep fall in arrivals and a rise in people leaving the country. The change marks the lowest net migration level since the pandemic and reflects how the flow of workers, students, and refugees is being reshaped at…
Oil prices remained flat on Thursday as trading volumes were thin due to the US Thanksgiving holiday. Gold prices fell from two-week high as investors continued to assess the likelihood of an interest rate cut by the US Federal Reserve next month. Silver prices also pulled back after hitting their highest level…
The past few weeks have been a reminder that markets can change direction faster than investors can make sense of them.Early November was filled with warnings about an AI bubble, stretched valuations and the risk of big drawdown.But before the month was gone, a quick reversal got everybody talking about…
The global news cycle opened with a series of impactful developments across politics, markets, and cybersecurity, shaping sentiment heading into the final stretch of the week. From President Donald Trump’s renewed push to tighten US immigration policy to a sudden trading halt at CME Group that rippled through futures markets,…
US financial services firm StoneX Group is set to significantly expand its footprint in the burgeoning Indian market with a two-pronged strategy focused on both financial services and technological capability. The company plans to launch a dedicated precious metals trading desk in India in early 2026, marking a major commitment to…
Japan is moving ahead with a new spending plan to reinforce its long-term strategy for artificial intelligence and semiconductor development. The government has outlined an extra budget of about ¥252.5 billion, reports Bloomberg, which is smaller than last year’s package but reflects a shift in approach. Instead of relying on…
India’s economy grew 8.2% in the second quarter of FY 2025–26, marking the strongest expansion in six quarters and significantly surpassing market expectations. The Indian government said on Friday that the rebound was driven by robust manufacturing activity, stronger consumption and favourable statistical effects.Real GDP in the July–September period rose…
Global investment in geothermal energy is set to soar, with capital expenditure (capex) projected to climb by approximately 20% annually through 2030, according to the latest analysis from Rystad Energy.The growing momentum in geothermal energy, which harnesses heat from the earth’s depths, is expanding its reach beyond established centers in…
OpenAI’s rapidly growing infrastructure requirements are driving a surge of borrowing among its partners, pushing total debt tied to the company close to $100 billion, reported Financial Times. The arrangement allows the artificial intelligence group to scale its computing capacity without assuming equivalent financial liabilities itself — a circular funding…