ICA submission warns current levy structure unsustainable as 2026-27 CSLR costs exceed sector caps by A$137m. The Insurance Council of Australia has called for structural reforms to the Compensation Scheme of Last Resort, citing projected 2026-27 costs of A$137m ($98m). Fi
SpaceX officials demand increased payments for Starlink satellite access as U.S. military reliance grows in operations against Iran. SpaceX has requested higher fees from the Pentagon for Starlink satellite internet access, citing increased usage in U.S. military operation
Tehran insists on accessing half of the $24 billion in frozen assets immediately upon announcing a US memorandum of understanding. Iran is pressing for the release of $24 billion in frozen funds as part of a potential Memorandum of Understanding with the United States. The
Canada and India are negotiating a free trade deal anchored in energy, agri-food, and technology, Canadian Prime Minister Mark Carney said, describing a potential agreement as a game changer for Canada’s businesses and workers. “We’re negotiating a free trade deal with India.
European stocks pull back as US strikes Iran European stock indexes were mixed on Tuesday, pulling back slightly from recent gains, after new US strikes in southern Iran. The STOXX 600 was down 0.2% on the day, but still close to its highest since the war began. Londo
UAE-based ALEC secures contract for Abu Dhabi’s first immersive entertainment venue outside the US, set for 2029 completion. Abu Dhabi’s Department of Culture and Tourism awarded a $1.7bn construction contract to ALEC Engineering and Contracting for Sphere Abu Dhabi. The p
Geopolitical risks and a sharp rise in Spanish producer prices weigh on investor sentiment across European markets. European equities declined as escalating geopolitical risks in the Middle East and Ukraine dampened risk appetite. Ferrari shares led losses in the luxury se
U.S. push for broader Arab-Israeli normalization aims to bolster regional stability and economic ties ahead of Iran negotiations. President Donald Trump has pressed leaders of Saudi Arabia, Qatar, Pakistan, Turkey, Egypt, and Jordan to join the Abraham Accords, a framework
Iranian Supreme Leader Mojtaba Khamenei said during the European trading session on Tuesday that the United States (US) will no longer have safe haven for Middle East bases. Khamenei added that he invites all Islamic countries to cooperate Separately, the Israeli De
On-chain analysts report scammers stole at least $400,000 via fraudulent Google ads impersonating the decentralized exchange. Scammers have stolen at least $400,000 from cryptocurrency users through fake Google ads mimicking Uniswap. The fraudulent ads direct victims to ph
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