WORLD
Carlyle’s $945 mn deal for Energean’s oil and gas assets collapses over regulatory hurdles
Carlyle’s $945 million deal to acquire Energean’s Mediterranean oil and gas assets has collapsed after failing to secure regulatory approvals in Italy and Egypt.
WORLD
European powers draft plan to take over more NATO defence duties amid Trump uncertainty
European powers are preparing a proposal to gradually take over more NATO defence responsibilities from the US, aiming to reassure the Trump administration and prevent a sudden American withdrawal.
WORLD
China’s shrinking tax revenue poses challenge to economy and response to US tariffs
China’s falling tax revenue is constraining its ability to manage economic challenges and respond to Trump’s tariffs, as deflation, weak consumption, and a collapsing property market widen the country’s fiscal deficit
WORLD
Trump administration pauses $175 million in federal funding to Penn over transgender athlete policy
The Trump administration has paused $175 million in federal funding to the University of Pennsylvania over its decision to allow a transgender athlete to compete on the women's swimming team, citing concerns about fairness in female sports.
PODCAST
Markets surge, Adani's big healthcare bet & Vodafone Idea’s Starlink talks | Moneycontrol Editor's Picks
IndusInd Bank's derivatives issue is an isolated case, says RBI. The Nifty Midcap index sees its biggest jump since June 2024, Adani Group eyes medical tourism with its airport-linked hospital plan and Vodafone Idea explores a Starlink partnership for satellite internet. Plus, IPL 2025 is a goldmine for influencers, and Google’s $32 billion Wiz deal shakes up cloud wars. Tune in for all this and more!
WORLD
Political pressure mounts over CK Hutchison’s $19-billion port sale to BlackRock
Political pressure is growing over CK Hutchison's $19 billion sale of Panama ports to BlackRock, with China and Hong Kong authorities raising concerns about US influence and regulatory approval
WORLD
Trump administration reinstates 24,000 fired federal workers amid legal battles
The Trump administration has moved to reinstate 24,000 fired federal probationary employees following court rulings that deemed the mass terminations illegal.
WORLD
Tensions escalate as Musk-backed officials seize US Institute of Peace
Musk's government efficiency team forcibly took control of the US Institute of Peace despite legal resistance, escalating tensions over Trump's efforts to dismantle federal agencies
WORLD
Tesla’s stock decline fuels $16.2 bn in hedge fund short seller profits
Hedge fund short sellers have gained $16.2 billion as Tesla's stock value halved over three months, driven by falling sales, Elon Musk's political controversies, and economic uncertainty
WORLD
Key Democrats lead opposition against Trump as party leadership hesitates
Key Democratic politicians, including Alexandria Ocasio-Cortez, Chris Murphy, and Bernie Sanders, are leading a strong and vocal opposition to Trump’s second-term policies while many party leaders remain passive.
WORLD
Trump revokes Secret Service detail for Joe Biden’s children
US President Trump has revoked Secret Service protection for Hunter and Ashley Biden, making the change effective immediately after a reporter's inquiry.
WORLD
Brown University warns international students against travel after Rasha Alawieh's deportation
Dartmouth College and Columbia University have also urged caution, particularly for those from countries previously affected by US travel bans.
WORLD
Israel launches biggest Gaza attack since ceasefire, over 400 dead as truce lies in tatters: All you need to know
Israeli Prime Minister Benjamin Netanyahu's office accused Hamas of "repeated refusal to release our hostages" and rejecting proposals from US President Donald Trump's Mideast envoy Steve Witkoff as well as from the mediators
WORLD
Harvard expands financial aid to cover tuition for families earning up to $200,000
Harvard University has expanded financial aid, offering free tuition for families earning up to $200,000 and full coverage for those earning up to $100,000, increasing accessibility amid reputational challenges.
WORLD
Why Bhutan, one of world's happiest countries, is on Trump's travel ban list
The country, known as one of the "happiest" in the world, is included in the red list, which means that its citizens will be completely banned from entering US
WORLD
Voice of America operations halted as Trump orders agency dismantling
President Trump has signed an executive order to dismantle Voice of America, leading to widespread staff furloughs and disrupting broadcasts that promoted US democracy abroad
WORLD
Federal job cuts disrupt services and spur backlash across the US
Federal job cuts under the Trump administration are disrupting key services across the US, affecting healthcare, education, and national parks, as reported by The Wall Street Journal.
WORLD
Trump-Musk alliance draws scrutiny amid Tesla showcase at White House
Trump's public endorsement of Tesla amid political alliance with Elon Musk has sparked ethics concerns and intensified debates over corporate favouritism.
WORLD
US-EU trade war threatens $9.5 trillion economic relationship
The escalating US-EU trade war is threatening their $9.5 trillion economic relationship, risking damage to goods trade, investments, and broader trans-Atlantic business ties.
WORLD
Trump-Musk alliance draws scrutiny amid Tesla showcase at White House
Trump's public endorsement of Tesla amid political alliance with Elon Musk has sparked ethics concerns and intensified debates over corporate favouritism.
WORLD
Tensions escalate as Trump pushes Iran towards nuclear negotiations
Tensions between the US and Iran have escalated as President Trump offers Iran a choice between negotiating its nuclear program or facing military action, while both sides remain divided on the terms for any potential agreement.
WORLD
Investors position for potential easing of Russian sanctions
Investors are betting on a potential easing of US sanctions on Russia, anticipating a capital influx if Trump and Putin reach a ceasefire deal.
WORLD
Green energy stocks plunge amid policy uncertainty and rising costs
Green energy stocks have fallen to five-year lows amid policy uncertainty, rising costs, and political setbacks, particularly from US funding freezes and weakened European support.
INDIA
PM Modi convinced Putin to avoid nuclear weapons, says Polish minister
His comments follow PM Modi's recent remarks during a podcast with Lex Fridman, where he said that the path to peace in Ukraine is not through the battlefield but on the negotiation table, urging both warring nations to engage in talks to end the three-year-long war.
