European banks struggle with $1.5 tn loans for property industry
The European banks have approximately 1.4 trillion euros ($1.50 trillion) in loans allocated to the beleaguered…
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United States
China, U.S. spearhead global efforts to replenish low oil stocks
Analysts and traders anticipate that a push to replenish depleted oil stocks in China, the United States, and…
S. Korea breaks passenger car export record in 2023
South Korea’s passenger car exports has witnessed a record-breaking surge of over 30 per cent last year, buoyed by…
Iran ignores calls to end supporting Houthi Red Sea attacks
Iran rejected on Tuesday calls from the United States and the United Kingdom to halt its support for Houthi rebel…
Toyota shares slide 4% after U.S. million-car recall
Japanese automaker Toyota announced on Thursday that its shares fell by four percent after recalling about a…
BlackRock invests up to $400 million in Dubai’s Positive Zero
Positive Zero, a decarbonisation firm based in Dubai, declared on Monday that it is set to receive an investment of…
U.S. official confirms Biden’s absence from COP28
U.S. President Joe Biden will not attend the latest UN climate summit in Dubai, despite his previous participation…
Biden thanks Sisi for his efforts to reach humanitarian pause in Gaza
U.S President Joe Biden thanked on Wednesday President Abdel Fattah al-Sisi for his role in the joint mediation…
Escalation on Lebanon front sparks concerns of wider conflict
The ongoing hostilities along the Lebanese Israeli border have intensified over the weeks, leading to an increase…
Libya’s parliament calls for oil export embargo on countries backing Israel
The Libyan parliament called on the government to stop exporting oil and gas to countries that support Israel,…
