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The Kremlin has dismissed a renewed warning from U.S. President Donald Trump about imposing tariffs on BRICS nations if they move to establish a common currency. Dmitry Peskov, spokesperson for the Kremlin, clarified that BRICS has no such plan and

Bitcoin surged past $105,000 following the Federal Reserve’s decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday, Bitcoin climbed 3%, trading just

Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of an “inevitable collapse.” In an investor letter first reported by the leading media houses, the

The Trump administration has reaffirmed its plan to impose 25% tariffs on all goods imported from Canada and Mexico, set to take effect on February 1. Economic experts warn that such tariffs could significantly increase consumer prices across various sectors,

Shares of H&M fell on Thursday after the Swedish fashion retailer reported lower-than-expected fourth-quarter sales, despite a slight increase in full-year operating profit. The company cited the later timing of Black Friday as a factor in the sales shortfall but

British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand. Despite missing analyst expectations, the company raised its shareholder dividend by 4% and launched a

The European Commission has announced a €60 million humanitarian aid package for the Democratic Republic of Congo (DRC) in 2025. This initiative aims to address the urgent needs of communities displaced or affected by ongoing conflict and recent epidemics, particularly

HSBC has announced plans to wind down its mergers and acquisitions (M&A) and equity capital markets businesses in Europe, the UK, and the US, as part of a sweeping overhaul of its global operations. The move reflects a strategic shift

United Nations Secretary-General Antonio Guterres has voiced concern over the recent freeze on foreign aid announced by the United States, urging for exemptions to ensure essential humanitarian and development activities are not disrupted. A statement issued by Guterres’ spokesperson on

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with Dr. Subrahmanyam Jaishankar, External Affairs Minister of India, in Abu Dhabi on Tuesday to discuss bilateral ties and strategic cooperation. Sheikh