Browsing: Business

Russian gas has been cut off to Finland, the third European country that refuses to accept ruble payments. Finland stopped receiving gas from Russia at 7 a.m. local time on Saturday, according to a statement from Gasum. A European Union

As the island nation battles a crippling economic depression, Sri Lanka’s newly appointed prime minister issued a warning of a food shortage, pledging to buy enough fertilizer to enhance productivity in the coming planting season. President Gotabaya Rajapaksa’s decision to

Tesla’s share price collapsed erasing a large chunk of the wealth of the world’s richest man Elon Musk. Musk’s net worth has dropped to $218 billion as Tesla’s shares are down 6.8%, according to Forbes. Musk’s wealth has been diminishing

The United States Treasury Department has imposed severe sanctions against Hezbollah, specifically targeting the group’s financial facilitator, Lebanese businessman Ahmad Jalal Reda Abdallah, and his companies. The Treasury Department’s Office of Foreign Assets Control has sanctioned eight of Abdallah’s companies

Pakistan has banned imports of all non-essential luxury goods in order to stabilize its fragile economy, the minister of information said, calling the situation an economic emergency. Its current account deficit is spiraling out of control, while its foreign exchange

Abdullah bin Touq Al Marri, the UAE Minister of Economy, praised the deep-rooted and historic relationship between the UAE and India, which culminated in the signing of the Comprehensive Economic Partnership Agreement (CEPA). This statement was made during a high-level

In September of 2021, the UAE government launched Investopia. There were two panel discussions held in Mumbai and New Delhi to kick-start a global dialogue in world markets, starting with India. The discussion covered the rapid changes in the investment

On Wednesday, the Dow Jones Industrial Average recorded its biggest plunge since 2020 after another prominent retail company warned of escalating prices, reinforcing investors’ apprehensions about future inflation, and triggering the catastrophic 2022 sell-off. The Dow lost 1,164.52 points, or

Indian Commerce Minister Piyush Goyal and United Arab Emirates Minister of Economy, Abdulla Bin Touq Al Marri, launched India-UAE start-up bridge in Mumbai at the India-UAE Economic Partnership Summit. This bridge will act as a one-stop platform where information regarding the

Before finalizing his agreement to buy Twitter, Elon Musk wants to know more details about the number of fake accounts on the social media platform. He said that he wants more details about how many Twitter accounts are fake or