Business
Business
German Business Closures Jump 10% to Nearly 190,000
Nearly 190,000 German business closures were recorded in 2025, about 10% more than a year earlier, according to calculations by…
Fundsmith Equity Assets Fall to £12.1bn as Strategy Shifts
Fundsmith Equity assets have fallen to £12.1 billion from nearly £29 billion at their December 2021 peak, according to Morningstar.…
Oil Prices Rise as US-Iran Ceasefire Hopes Fade
Oil prices rose on Tuesday, with Brent crude reaching $91.14 a barrel as stalled US-Iran diplomacy and limited shipping through…
Iran Tensions Hit Markets as Global Bond Yields Surge
LONDON: Tensions over Iran hit markets on August 17 as European shares fell, oil rose, and major bond yields reached…
China Oil Throughput Rises 0.3% From June Low
BEIJING: China oil throughput rose 0.3% from June to 12.5 million barrels per day in July, official data showed, marking…
Fed Rate Hike Bets Drop as Dollar Falls to June Low
LONDON: Fed rate hike bets for next month fell to 30% from about 50% a week earlier after weak US…
Ferretti-Weichai Control Raises Legal, Security Concerns
Weichai’s influence over Ferretti Group has strengthened after the Chinese state-controlled investor secured eight of nine seats on the Italian…
Shein Hong Kong IPO Targets Valuation Near $25 Billion
Shein's Hong Kong IPO plans value the fast-fashion retailer at about USD 25 billion to USD 28 billion, according to…
Brent Crude Holds at USD 88.55; No Hormuz Ships Tracked Sunday
Brent crude held at USD 88.55 a barrel at 0128 GMT (6:28 a.m. PKT) Monday, while WTI slipped 14 cents…