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Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates.
DAVOS, Switzerland — For the last few years at the World Economic Forum cryptocurrency firms dominated the main strip in Davos, promoting their wares.
China's largest private property developer, Country Garden, expects the property market will remain weak in 2024 and the company could face more, "severe" challenges, its top management said.
On a brutally cold morning, Yogendra Guru looked adrift in a maze of traffic after visiting the heavily secured makeshift shrine where Hindus believe Lord Ram was born.
Tesla and SpaceX CEO Elon Musk, who also owns the social network X (formerly known as Twitter), said Monday that he wants about 25% of voting control over his electric vehicle business.
The Indian stock markets rallied to new highs in 2023 on the back of bullish investors and stronger domestic participation. But analysts warn that the level of optimism seen last year will not be replicated before the general election concludes.
Taiwan's election results place the island on a "collision course with China" and the market reaction has been too sanguine, according to veteran investor David Roche.
Europe's largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical Office of Germany said Monday.