British oil giant BP's chairman removed over 'serious' governance, conduct concerns

'Board has been surprised and disappointed to learn of governance oversight, conduct issues it deems unacceptable and has taken decisive action,' says senior independent director

British oil giant BP's chairman removed over 'serious' governance, conduct concerns

'Board has been surprised and disappointed to learn of governance oversight, conduct issues it deems unacceptable and has taken decisive action,' says senior independent director

Japan approves $3.2B package to ease energy costs amid Middle East tensions

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Iran demands release of $12 billion in frozen assets in potential deal with US

Parliament speaker’s visit to Qatar aimed at ‘securing access to $12 billion in first phase,’ says source familiar with matter26 May 2026

Global markets turn cautious as Iran tensions, economic data dominate outlook

Investors monitor Middle East developments, oil prices and key US indicators26 May 2026

German export expectations fall in May

Ifo export expectations index drops to minus 5.5 points in May, down from minus 1.2 points in April.26 May 2026

US growth, inflation data in focus as markets assess impact of Middle East tensions

Upcoming economic releases expected to provide signals on inflation trends and monetary policy outlook26 May 2026

Global Islamic Economy Summit brings int'l finance leaders to Istanbul

Gathering aims to examine role of capital within framework of Islamic economics through its fundamental principles and sectoral applications26 May 2026

ADB announces $5B funding for Bangladesh to boost investment, regional growth

Asian Development Bank President Masato Kanda meets with Prime Minister Tarique Rahman in Dhaka25 May 2026

Global AI race drives record investment boom as demand surges across sectors

Competition fuels spending on chips, data centers and energy infrastructure while governments expand regulation25 May 2026

Türkiye expects strong grain harvest in 2026 amid favorable weather conditions

Industry representative says rainfall patterns and low drought risk support production outlook25 May 2026

Only 6 ships daily pass through Hormuz since start of war

Number of vessels passing through Hormuz down 95% since beginning of US-Iran war, but figure increases over last week25 May 2026

Finland to impose new customs fees on low-cost online purchases from outside EU

New measures form part of broader EU effort to address rising imports of inexpensive goods25 May 2026

British oil giant BP's chairman removed over 'serious' governance, conduct concerns

'Board has been surprised and disappointed to learn of governance oversight, conduct issues it deems unacceptable and has taken decisive action,' says senior independent director

British oil giant BP's chairman removed over 'serious' governance, conduct concerns

'Board has been surprised and disappointed to learn of governance oversight, conduct issues it deems unacceptable and has taken decisive action,' says senior independent director

Economy

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Economy

Türkiye’s economy grows 2.5% in 1st quarter of 2026

German retail sales extend decline in April, weighed down by petrol station sales

Japan launches anti-dumping probes into steel imports from China, South Korea, Taiwan

Iran resumes gas production at 3 South Pars offshore platforms after wartime disruption

Eurasian Economic Union trade expected to exceed $100B in 2026, Kazakh president says at Astana summit

EU says current trade ties with China 'not sustainable,' require 'coherent response'

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