All of the bank’s assets have been transferred to the state-owned Bank Melli, effective immediately.
FinanceWorld Markets
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BUSINESSLife
Netflix Shuts Down ‘Squid Game: Unleashed’ Studio Amid Gaming Strategy Pivot
by Dean Dougnby Dean DougnThis move signals a strategic shift within the streaming giant’s nascent video gaming unit as it continues to explore revenue …
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Tech
Intel Surges 9% as CEO’s Cost-Cutting and Strategic Investments Signal Turnaround
by Dean Dougnby Dean DougnThe results mark a significant turning point for the U.S. chipmaker, which has struggled with manufacturing setbacks and fierce competition
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MARKETSWorld Markets
European Stocks Edge Higher as Strong Earnings from Saab and NatWest Boost Sentiment
Investors are digging through a heavy day of earnings, with reports from ENI, Sanofi, Volvo Group, and Porsche on the …
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The risk-off sentiment that deepened a selloff on Wall Street overnight rippled across Asian bourses.
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Further earnings reports are scheduled throughout the day from companies including Reckitt Benckiser Group, DNB Bank, Svenska Handelsbanken, Aker, and …
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POLITICSReviews
Ceasefire Hopes: What a Potential Russia-Ukraine Truce Means for International Investors
European leaders have thrown their full weight behind a proposal to freeze the fighting between Russia and Ukraine along the …
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Futures & CommoditiesWorld Markets
Australia’s Critical Minerals Stocks Soar on Landmark $8.5 Billion US Supply Deal
The deal, signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Monday
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The rally comes as Cupertino’s latest flagship device, which launched in September, appears to be exceeding expectations globally.
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BUSINESS
Vietjet’s COMAC Lease Termination: A Strategic Fleet Pivot or a Setback for China’s Aviation Export Ambitions?
The termination marks a cooling of a symbolic commercial partnership that was heavily influenced by diplomatic overtures