Three men have been charged in the US over the JPMorgan hack. The cyber fraud netted hundreds of millions of dirhams in illegal profit. The infiltration of the major financial company, as well as others, has been called breathtaking by prosecutors. A US attorney confirmed the enterprise dated from 2007 and accessed the personal information of more than 100 million people.
IEA consulting with governments on further oil stock releases, chief Birol says
The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.
Dollar rises as escalating Middle East tensions spur haven demand
The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets.
Business leaders highlight Dubai’s resilience amid global developments
Chairpersons of several country business councils operating under the Dubai Chamber of Commerce say the emirate is reinforcing its global reputation for resilience and agility amid global challenges.
India to withdraw temporary domestic airfare caps from Monday
India will revoke the temporary fare caps it had imposed on domestic air tickets from Monday, the country's civil aviation ministry said on Saturday.
US allows 30-day sale of Iran oil at sea in bid to tame prices
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.
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Pinoy Expat Corner
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Pinoy Expat Corner
What does someone working on a yacht usually do? Are they often out at sea, and how long do they usually stay there?
