The Zacks Foreign Banks Industry is likely to operate in a mixed and increasingly divergent environment in 2026. A fragmented global interest rate backdrop will create uneven net interest income (NII)...
Before Russia’s 2022 invasion of Ukraine turned it into the new pariah of the West, Iran was the most sanctioned country on Earth: more than 3,600 economic sanctions imposed...
The US Treasury Department on Monday announced it has reached a $275 million settlement with ​India’s Adani Enterprises over apparent violations of sanctions against Iran. The announcement is the latest...
Asia Pacific banks may have to raise their loan loss provisions further in the near term as the Iran conflict darkens economic prospects in the region heavily reliant on...
The US-Israeli war with Iran has already cost companies around the world at least US$25 billion (RM99.4 billion) — and the bill is climbing, according to analysis. A review...
Indian oil refiners are structurally equipped to handle potential disruptions after the United States allowed its key sanctions waiver on Russian seaborne crude purchases to expire. Petroleum Minister Hardeep...
British HSBC set up an investment vehicle worth $4 billion to fund energy transition technology from China, including wind and solar power, electric vehicles, data centers, and artificial intelligence....
Anglo American has agreed to sell its steelmaking coal assets in Australia to Dhilmar Limited for up to $3.875 billion in cash, exiting the steelmaking coal business as the...
Developers of the Commonwealth LNG project have taken the final investment decision to build the $13-billion U.S. export plant in Louisiana, underpinned by investments from Kimmeridge, Abu Dhabi-based Mubadala...
The Abu Dhabi national oil company ADNOC plans to have a new pipeline operational in 2027 that would double its oil export capacity through Fujairah, which sits outside the...