US says will impose 'toughest sanctions in history' on Iran
The U.S. will impose 'the toughest sanctions in history' on Iran, Treasury Secretary Scott Bessent said Thursday, a focus on economic measures he suggested would lessen the need fo...
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Surprise strike exposes deeper crisis facing Israel's aviation sector
Israel's aviation sector is facing mounting capacity pressures as staffing shortages, labor unrest and the prolonged regional conflict prevent international air travel from re...
Shein's market debut to come later than previously planned
Shein aims to launch its Hong Kong initial public offering (IPO) Monday and is targeting a listing on Sept. 1, slightly later than previously planned, a report said Thursday. W...
Nord Stream attack suspect arrested on set of Hollywood movie about blasts
A Ukrainian man wanted in Germany in connection with the Nord Stream explosions was arrested while working on a Hollywood movie about the gas pipeline attack starring Adrien Brody...
Turkish exports to Africa top $13B on strong diplomatic, trade efforts
Türkiye's exports to Africa surged notably to hit some $13.3 billion in the first seven months of the year, led by expanding logistics networks and construction projects, alon...
Trump proclaims unprecedented 'economic warfare' against Iran
U.S. President Donald Trump announced on Wednesday what he called unprecedented 'economic warfare' against Iran and pledged isolation as well as 'consequences' for any country that...
China sentences founder of embattled Evergrande to life in prison
Chinese court sentenced on Thursday the founder of embattled property giant Evergrande – largely blamed for the prolonged real estate crisis in the country – to life in prison and...
How did Germany's economic engine hit the brakes?
Germany's economy, once the engine of European growth, has barely expanded since 2020, raising concerns over the future outlook, mainly due to weakening industrial performance...
US national debt tops $40T for 1st time, doubles in under decade
The U.S. national debt has surged past $40 trillion for the first time, more than doubling in less than a decade as Washington's mounting fiscal burden reaches another histori...
2nd Nord Stream suspect arrested in Croatia, German prosecutors say
A second Ukrainian suspect that German prosecutors allege was involved in the 2022 undersea explosions that damaged the Nord Stream gas pipelines has been arrested on a European w...