Growth in Saudi Arabia’s non-oil private sector slowed slightly in February, a survey showed on Tuesday, although demand remained strong. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing …
Operation Epic Fury: “Iraq Braces for Escalation”
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq braces for escalation amid fears of fallout from …
US-Iran War Escalation Could Be Pakistan’s Biggest Oil Shock, Warns Report
If the war between Iran and the United States escalates, “the single biggest economic threat to Pakistan will come from oil,” with surging prices likely to lift inflation and making tax cuts harder, a …
Business lobbies urge swift passage of US investment bill
South Korea’s leading business groups on Tuesday urged the National Assembly to swiftly pass a special bill to implement Korea’s $350 billion investment pledge …
Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy
That empire includes core industrial sectors like oil and transportation as well as banking, telecommunications, agriculture, medicine, and real estate.
Iran-U.S. war chokes key shipping lane and threatens global cargo industry
The war in Iran is choking off a key shipping route in the global supply chain, potentially leading to massive delays in the flow of goods to American consumers …
Iran attacks threaten US economy with more uncertainty around inflation, growth
The US and Israeli attacks on Iran add yet more question marks around a US economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures.
Jamsetji Tata birth anniversary: Why India still reveres older corporate titans
Long after their time, India’s business founders continue to shape boardroom thinking and national imagination. Their stories endure because they fused commercial ambition with human purpose in ways …
Starbucks to sell 60% of China business to Boyu Capital in $4 billion deal
Starbucks has announced it is selling a 60% stake in its China operations to private equity firm Boyu Capital in a deal valued at $4 billion, a strategic overhaul designed to navigate intense local …
China Used to Be a Cash Cow for Western Companies. Now It’s a Test Lab.
SHANGHAI—For Western companies in China, a new reality has set in: The easy money is gone and competition is only getting fiercer. As China’s economic growth has slowed in recent years, consumers have …