Business

Houthis seize key Yemeni port city as Iran pushes for new foothold on Red Sea coast

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

Mercadona reaches 76 stores as long-awaited Algarve debut approaches

Mercadona’s rapid expansion across Portugal has reached another milestone, with the Spanish supermarket chain opening its 76th store in the country – just weeks before making its long-awaited Algarve debut. The post Mercadona reaches 76…

DBS Lawsuit Linked to Jho Low’s Associate, Says 1MDB Taskforce

A lawsuit filed against DBS Group Holdings Ltd. in Singapore’s High Court is related to an associate of Jho Low, the alleged mastermind behind the multi-billion dollar 1Malaysia Development Bhd. scandal, according to the 1MDB Asset…

Why Bridgewater's CIO Says AI's Human Extinction Risk Is Real

Greg Jensen was one of the earliest backers of both OpenAI and Anthropic, and at Bridgewater, where he is the managing chief investment officer, he leads the hedge fund's AI strategy. As an early adopter of the technology, he has a lot of…

IMF says global growth on track to reach 3% in 2026, but risks remain high

The IMF forecasts global growth to hit 3% by 2026, but warns of high risks due to energy shocks and rising public debt. Central bankers are advised to focus on price stability.

What’s the Cost of the Premier League’s Global Success?

The Premier League has become a global phenomenon — but at what cost? Adam Blenford explains why some fans are feeling pushed out. (Source: Bloomberg)

Costa Rica Illicit Trade Hits US$3.6 Billion, Crime’s Top Funding Source

Illicit trade in Costa Rica reached 1.6 trillion colones — about US$3.6 billion — and is organised crime's main financing source, the Chamber of Commerce estimates. The post Costa Rica Illicit Trade Hits US$3.6 Billion, Crime’s Top Funding…

Sentiment turns positive among big Japanese firms in July-September

Stronger semiconductor-related demand and more customers at hotels and restaurants were reported in the business survey conducted by the government.

Elliott veteran to lead Citadel’s international equities business

Ken Griffin’s hedge fund combines divisions as it seeks to deploy more firepower outside US

Banxico Sets December Deadline for New App Transfer Rules Across Mexico

Banxico's Circulars 9/2026 and 10/2026 force every Mexican bank to standardize app-based transfers by December 14, 2026 — with phone numbers as account identifiers and user-set transfer limits already in force. The post Banxico Sets…

OpenAI Weighs Slowing Cutting-Edge AI Development (Video)

Bridgewater's Greg Jensen on AI and the Risk to Humans

Greg Jensen likens this moment to February 2020.