Business

August 12, 2026
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Business, World News

US Maintains Claims of Maritime Dominance Amid Declining Strait of Hormuz Traffic

Maritime traffic through the Strait of Hormuz has hit a record low as the US and Iran remain locked in a stalled conflict that has expanded to include new...

August 12, 2026
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Business, World News

Russia Threatens Retaliatory Maritime Seizures Amid Escalating Sanctions

Russia has threatened to retaliate against European nations by seizing commercial vessels if its own ships are confiscated under new EU sanctions.

August 12, 2026
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Business, World News

Tensions Mount in the Strait of Hormuz as Iran Rejects US Claims of Control

Iran has rejected U.S. claims of dominance over the Strait of Hormuz, insisting the waterway will remain restricted until Washington meets its demands.

August 12, 2026
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Business, World News

Emergency Rescue Operation Follows Fatal Ferry Fire Near Indonesian Islands

A major rescue operation successfully saved over 100 people after a ferry caught fire while traveling between Bali and Lombok, though one fatality was confirmed.

August 12, 2026
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Business, Technology

JCB Sets New World Land Speed Record With Hydrogen-Powered Vehicle

JCB has officially set a new world land speed record for a hydrogen-powered vehicle, highlighting the potential of hydrogen combustion for heavy industry.

August 12, 2026
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Business, World News

The Strategic Logic Behind Ukrainian Drone Strikes on Russian Retail Infrastructure

Kyiv is targeting Russia’s largest online retailer, Wildberries, in a campaign aimed at disrupting the nation's economic stability rather than front-line combat.

August 12, 2026
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Business, Technology

Foxconn Profit Surges 35 Percent Driven by Explosive AI Infrastructure Demand

Foxconn reported a robust 35 percent rise in second-quarter profit, fueled by the accelerating global demand for artificial intelligence data center infrastructure.

August 12, 2026
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Business, World News

Challenges in India’s Agricultural Export Quality Standards

Recent import suspensions from key trading partners have exposed critical gaps in India’s agricultural quality control, testing, and supply chain traceability.

August 12, 2026
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Business, World News

Drone Attack Targets Zawiya Power Infrastructure Amid Refinery Security Crisis

A drone strike on a power plant near Zawiya's major refinery has forced Libyan authorities to consider a full operational shutdown due to rising security threats.

August 12, 2026
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Business, World News

Iran Maintains Strict Conditions for Strait of Hormuz Reopening Amid Escalating Regional Conflict

Iran insists that the Strait of Hormuz will remain closed until the United States meets a list of demands, including a region-wide ceasefire and the release of frozen assets.