Business

Microsoft is offering voluntary buyouts to about 60,000 workers, or 27% of its staff, as it balances heavy AI spending with capital efficiency.

South Korea’s $116.63 billion current account surplus in the second quarter trailed only China and exceeded Germany and Japan combined.

Trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, a 22-fold rise and the highest level in …

Japan’s trade deficit reached 536.6 billion yen in September, its fifth straight monthly shortfall, as imports outpaced 16.7% export growth.

Korean exports reached $61.6 billion in the first 20 days of October, more than doubling as semiconductor shipments jumped 222.5%.

Brent crude touched $110 a barrel for the first time since May, settling at $109.86 as Middle East tensions and Russian diesel doubts …

Remittances from Egyptians abroad rose 27.2% to a record $33.9 billion in January-August 2026, the Central Bank of Egypt said.

Oman electricity production rose 4.3% through August 2026, while water output fell 3.5%, based on latest preliminary national data.

Indonesia drew $7.33 billion in foreign capital through early October, led by government bonds and central bank securities.

African Union launches AfCRA in Mauritius, creating an independent Africa-focused credit rating agency for sovereign and corporate issuers.