Breaking News

Fire erupts at Dubai airport following drone attack
Footage shows fire near Dubai International Airport after a drone ignited a fuel tank, according to UAE authorities.

EU Pushes to Shift Naval Mission to Protect Strait of Hormuz
The European Union’s foreign policy chief is encouraging member states to redirect the bloc’s Red Sea naval mission to help restart oil and gas shipments in the Strait of Hormuz.

Top Canada Pension Seeks to Sell $1.5 Billion of Asia PE Assets
Canada Pension Plan Investment Board is looking to reduce some Asia private equity exposure by selling fund stakes, according to people familiar with the matter.

Ukraine's urgent fight on the financial frontline
The war-torn country is battling to secure crucial funding from the IMF and EU, as well as putting up taxes.

Starmer to set out support plan for heating oil costs
Households have faced a sharp rise in the cost of heating oil since the outbreak of the US-Israeli war with Iran.

Nvidia Partner Hon Hai’s Profit Miss Raises AI Demand Fears
Hon Hai Precision Industry Co. posted a 2.4% drop in quarterly profit, suggesting weakening demand for Nvidia Corp. servers at the heart of the AI boom.

Japan Defense Minister Says No Plans to Send Ships to Hormuz
Japan’s defense minister said the nation currently has no plans to send warships to the Strait of Hormuz after US President Donald Trump put pressure on Tokyo to do so ahead of a summit meeting with Prime Minister Sanae Takaichi later this week.