Keywords: Global


Uzbekistan’s first London IPO success expected to boost future listings, fund chief says

The strong performance of Uzbekistan’s first initial public offering (IPO) in London is expected to encourage more companies to enter international capital markets, according to the head of the country’s National Investment Fund. The listing marks an important step in Uzbekistan’s ongoing......

Solar set to become world’s top energy source by 2032, BNEF says

BloombergNEF said solar power is on track to become the world’s largest source of electricity by 2032, according to its New Energy Outlook 2026 published Monday. The report forecasts that rapidly falling costs and persistent overcapacity in manufacturing will accelerate global deployment of solar......

Oil market faces panic risk if Hormuz closure extends into June

HFI Research warned that global oil markets could enter a period of “real panic” if the Strait of Hormuz remains closed into the first week of June, as crude inventories continue falling toward critical operational levels and countries accelerate emergency stockpiling efforts. The firm said......

South Korea: Samsung strike could disrupt economy and global tech supply chains

A major strike is expected to begin on Thursday at Samsung Electronics in South Korea after negotiations between management and labor unions failed over salary increases and profit-sharing linked to the artificial intelligence boom. Union organizations announced that the strike could last from 21 May......

Workday plans to expand workforce in India and strengthen AI investments, executive says

The enterprise software company Workday has announced plans to continue expanding its workforce in India while increasing investments in artificial intelligence (AI), according to a senior company executive. India has become a key hub for global capability centres due to its large pool of skilled professionals,......

Global markets rebound after report on possible Iran sanctions relief

Global financial markets recovered from steep early losses on Monday after reports emerged suggesting the United States could temporarily ease sanctions on Iranian oil exports during ongoing diplomatic talks. The late session reversal helped calm investors rattled by escalating tensions between Washington......

US treasury reaches $275 million settlement with Adani Enterprises

The United States Department of the Treasury has announced a financial settlement worth 275 million dollars with Adani Enterprises over alleged violations linked to American sanctions on Iran. According to U.S. authorities, the agreement concerns dozens of apparent breaches of sanctions regulations......

Global bond rout deepens as war driven inflation reshapes rate outlook

A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns......

Israel intercepts new Gaza-bound flotilla off the coast of Cyprus

A new flotilla headed toward Gaza was intercepted by Israeli naval forces in waters near Cyprus, according to organizers of the mission. The vessels had reportedly departed from Turkey earlier in the week. The flotilla, organized under the name Global Sumud Flotilla, stated on social media that military......