Category: Business

Elon Musk has made accusations linking President Donald Trump with unreleased Jeffrey Epstein files that allies had attempted to resolve through mediation efforts but were rendered powerless after Musk made this accusation against Trump. Allies had attempted to help ease tensions with mediation efforts but these have proven ineffectual due to Musk claiming Trump had...

Norway’s $1.9 trillion sovereign wealth fund, one of the world’s largest, is closely reviewing investments made in five Israeli banks due to their involvement with financing housing projects within settlements in the occupied West Bank. The review conducted by its Council on Ethics could result in divestments totaling up to $500 million from those holdings....

Date of Publication: May 31st 2025 Byline: [Your News Agency] New Delhi – India witnessed an alarming spike in bank fraud during FY25, as reported cases totaled Rs36,014 crore; an astounding 194% jump compared with Rs12,230 crore reported the previous fiscal year according to RBI data.According to The Economic Times, this increase can be traced...

Apple remains resistant to political pressure and tariff threats to shift iPhone manufacturing back into the US any time soon, according to analysts and industry experts. They point out a variety of economic, logistical, and labor issues which render domestic production of iPhones impractical. President Donald Trump recently intensified calls for Apple to manufacture iPhones...

India Today and The Times of India each publish articles supporting this decision by the IMF.IMF Reaches Agreement With Pakistan The International Monetary Fund (IMF) recently upheld its decision to release a $1 billion loan installment to Pakistan under its Extended Fund Facility (EFF) program, despite fierce objections from India regarding how funds might be...

Donald Trump once again claimed that his administration played an instrumental role in brokering the recent ceasefire between India and Pakistan, attributing its de-escalation to trade negotiations. Speaking during a meeting with South African President Cyril Ramaphosa, Trump stated “We settled that whole, and I think I settled it through trade,” emphasizing major trade agreements...

Defense analysts and geopolitical observers believe that any potential future conflict between India and Pakistan could substantially boost the global war materials market, with Pakistan Army becoming a prominent force in showcasing advanced military hardware under combat conditions. At an international defense summit held recently in Ankara, Turkey, participants discussed South Asia’s growing militarization and...

Norwegian’s Government Pension Fund Global (GPFG), one of the world’s largest sovereign wealth funds with assets totaling an estimated $1.8 trillion, recently divested from Israel’s Paz Oil Company Ltd, marking another divestment since the Gaza conflict began in October 2023.Daily Sabah +6Times of Israel | ynetnewsPaz was recommended for exclusion by the fund’s Council on...

Barron’s Washington D.C. – May 10, 2025 President Donald Trump hinted on Friday that he is considering cutting tariffs on Chinese imports from 145% to 80%, describing this lower rate as “seeming right!” in a post on his Truth Social platform. This marks the first time in which President Trump publicly proposed an alternative tariff...