Keywords: Global


BYD studies Formula 1 entry to boost global electric vehicle brand

BYD Co., the world’s largest electric vehicle manufacturer, is exploring potential entry into top tier international motorsport, including Formula 1 and the FIA World Endurance Championship, as part of a strategy to strengthen its global brand presence, according to Bloomberg. The Shenzhen based......

Porsche seeks to regain momentum with cost cuts and renewed focus on combustion engines

German sports car manufacturer Porsche is preparing a strategic shift aimed at restoring growth and strengthening investor confidence. Under the leadership of its new chief executive officer, Michael Leiters, the company is expected to prioritize cost reductions and place renewed emphasis on traditional......

Aramco nears full pipeline capacity as Saudi Arabia reroutes oil exports

Saudi Aramco expects to reach the full capacity of its East West crude oil pipeline within days as Saudi Arabia works to maintain exports while the Strait of Hormuz remains effectively closed due to Iranian military control. Chief Executive Amin Nasser warned that the crisis represents the most serious......

US LNG exporters gain windfall as Iran conflict disrupts global gas supply

Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls......

Johan Elbaz joins the Board of Directors of Forafric Global

Johan Elbaz, the current Deputy Chief Executive Officer of Forafric Morocco, has been appointed to the Board of Directors of Forafric Global PLC, a multinational company active in the sourcing, storage, transportation, processing and distribution of agricultural commodities. The company announced that......

February 2026 ranks among hottest on record as storms hit western Europe

February 2026 was the fifth warmest February ever recorded worldwide, with global temperatures approaching the critical threshold set by the Paris climate agreement, according to the European Union’s Copernicus Climate Change Service. The global average surface air temperature last month reached......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict......

Oil above $100 fuels surge in global agricultural prices

Agricultural markets rose sharply Monday as crude oil prices climbed above $100 per barrel, driven by the escalating conflict involving Iran and disruptions to energy supply routes. The surge in oil prices has triggered ripple effects across global food markets, increasing fertilizer costs and boosting......

China’s inflation reaches three-year high as producer prices continue to fall

Inflation in China accelerated in February, reaching its highest level in three years, while producer prices continued their downward trend, highlighting mixed signals within the country’s economic recovery. According to data released by the National Bureau of Statistics of China, the Consumer......