FeaturedUtilitiesNextEra Energy, Dominion merger to create third-largest American utility companyIFM CorrespondentMay 22, 2026May 21, 2026 by IFM CorrespondentMay 22, 2026May 21, 2026 The USD 66.8 billion deal will form one of the world's largest electric utilities, that will address the power requirements of the data centers... Read more
Business LeadersExclusiveFeaturedIF ExclusiveWe must actively equip female founders to raise capital: Alexandra VidyukIFM CorrespondentMay 21, 2026June 8, 2026 by IFM CorrespondentMay 21, 2026June 8, 2026 As venture capital remains predominantly male at the partnership level, it creates an unconscious bias, rather than a malicious one, says CEO of Beyond Earth Ventures... Read more
FeaturedLogistics and CargoThrough Red Sea Express, Saudi eyes increasing non-oil exportsIFM CorrespondentMay 21, 2026May 20, 2026 by IFM CorrespondentMay 21, 2026May 20, 2026 Red Sea Express has also been entrusted to attract investments and reinforce the ports' role as the Kingdom's key economic driver... Read more
EnergyFeaturedUS, UK relax Russian sanctions to mitigate energy price shockIFM CorrespondentMay 21, 2026May 20, 2026 by IFM CorrespondentMay 21, 2026May 20, 2026 US has extended the extension of the 30-day general license, to allow access to Russian oil and petroleum products stranded on tankers... Read more
FeaturedTransportStellantis to focus on small, low-cost EVs to boost entry-level segmentIFM CorrespondentMay 21, 2026May 20, 2026 by IFM CorrespondentMay 21, 2026May 20, 2026 The production of Stellantis' affordable, compact and fully electric "E-Car" will start in 2028 at its Pomigliano d'Arco plant in Italy... Read more
FeaturedMacroeconomyUnited Nations revises forecast for global economic growthIFM CorrespondentMay 21, 2026May 20, 2026 by IFM CorrespondentMay 21, 2026May 20, 2026 As per the United Nations, a surge in energy prices has intensified cost pressures for households and businesses... Read more
FeaturedIslamic BankingAmid strong demand, Russia to expand its Islamic banking programmeIFM CorrespondentMay 21, 2026May 20, 2026 by IFM CorrespondentMay 21, 2026May 20, 2026 Russia's Islamic banking pilot initiative relies on leasing, instalment sales, profit-sharing arrangements and asset-backed financing... Read more
EconomyFeaturedChina witnesses growth loss due to Iran war disruptionsIFM CorrespondentMay 20, 2026May 20, 2026 by IFM CorrespondentMay 20, 2026May 20, 2026 China's factory output grew 4.1% from a year earlier (slowest growth since July 2023), compared with a 5.7% rise in March... Read more
FeaturedPorts and ShippingAD Ports Group, Borouge to explore alternative export hub in UAEIFM CorrespondentMay 20, 2026May 19, 2026 by IFM CorrespondentMay 20, 2026May 19, 2026 The agreement paves the way for AD Ports Group and Borouge to collaborate on the establishment of an alternative export hub on the UAE’s East Coast... Read more
FeaturedFinanceUniCredit vs Commerzbank: German lender rejects fresh takeover bidIFM CorrespondentMay 20, 2026May 19, 2026 by IFM CorrespondentMay 20, 2026May 19, 2026 Commerzbank executives, along with Germany's government and bank employees, have long criticised UniCredit's tie-up attempt as hostile... Read more