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Posted on June 19, 2025

Japan’s Nippon rescues US Steel in controversial takeover

Japanese firm Nippon Steel has completed its long-sought takeover of a smaller American company, after agreeing to yield unusual control to the US government. The $14.9bn (£11bn) purchase of US Steel, …
Posted on June 19, 2025

Most listed firms saw profits fall in Jan-Mar

Most listed companies saw their profits shrink in the January-March period of the current year as stubbornly high inflation pushed up business costs while weak consumer demand held back sales growth.
Posted on June 18, 2025

Who is Iran’s Supreme Leader? Like Trump, he controls a real-estate empire

Iran’s supreme leader warned the U.S. would face “irreparable damage” if it joined Israel’s conflict with Iran. Who is Ayatollah Ali Khamenei?
Posted on June 18, 2025

Vault Raided: Inside the $82 Million Cyber-Strike on Iran’s Nobitex Exchange

In a politically motivated cyberattack, Iran’s largest crypto exchange Nobitex lost more than $81.7–82 million in digital assets.
Posted on June 18, 2025

Alsulaiman Group acquires Taajeer Finance to lead digital transformation and frowth in financial services

Alsulaiman Group, one of Saudi Arabia’s leading family-owned conglomerates, has announced the acquisition of Taajeer Finance Company. This strategic move signifies the Group’s official entry into the …
Posted on June 18, 2025

Israel-Iran war: Has Indian stock market discounted Middle East tension or Nifty 50 hitting 24,000 still possible?

According to market experts, the Indian market appears to have largely discounted the Israel-Iran tensions, with Monday’s positive close reflecting investor focus shifting back to domestic …
Posted on June 18, 2025

Who is Iran’s Supreme Leader? Like Trump, he controls a real-estate empire

Iran’s supreme leader warned the U.S. would face “irreparable damage” if it joined Israel’s conflict with Iran. Who is Ayatollah Ali Khamenei?
Posted on June 18, 2025

Oil surges 8% since start of Israel-Iran war: ‘The wild card is the United States’

Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is destabilized.
Posted on June 18, 2025

Japan’s Nippon seals controversial US Steel deal after Trump pact

Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the US government. Nippon’s $14.9bn (£11bn) purchase of the smaller American …
Posted on June 18, 2025

Prime Bank Investment signs MoU with IFA Consultancy to promote Islamic finance

Prime Bank Investment Limited (PBIL) has signed a memorandum of understanding (MoU) with IFA Consultancy Limited (IFAC), a Shariah advisory firm in Bangladesh, to jointly promote Islamic investment in …

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