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Indonesia's spending fund just got bigger. The deficit ceiling stays, for now.

May 26, 2026

Jakarta says its budget-law overhaul won't touch Indonesia's deficit limits, but the fine print still hands more financial power to Prabowo's new sovereign fund.

Ferrari's first electric car costs $586,000 and has a lot to prove

May 26, 2026

The Luce is Ferrari's bet that it can sell electrification to the ultra-wealthy before Chinese rivals define what luxury EVs look like.

Latest

Jakarta says its budget-law overhaul won't touch Indonesia's deficit limits, but the fine print still hands more financial power to Prabowo's new sovereign fund.

Indonesia's spending fund just got bigger. The deficit ceiling stays, for now.

Jakarta says its budget-law overhaul won't touch Indonesia's deficit limits, but the fine print still hands more financial power to Prabowo's new sovereign fund.

Indonesia's spending fund just got bigger. The deficit ceiling stays, for now.

The Luce is Ferrari's bet that it can sell electrification to the ultra-wealthy before Chinese rivals define what luxury EVs look like.

Ferrari's first electric car costs $586,000 and has a lot to prove

The Luce is Ferrari's bet that it can sell electrification to the ultra-wealthy before Chinese rivals define what luxury EVs look like.

Ferrari's first electric car costs $586,000 and has a lot to prove

Europe's biggest budget airline just paid off its last debt, giving it a financial cushion that rivals leasing fleets of borrowed jets cannot match.

Ryanair owns its planes outright. Your cheap ticket just got cheaper to protect.

Europe's biggest budget airline just paid off its last debt, giving it a financial cushion that rivals leasing fleets of borrowed jets cannot match.

Ryanair owns its planes outright. Your cheap ticket just got cheaper to protect.

The country of Georgia and Tether are building an official digital version of the Georgian Lari, one of the first government-backed stablecoins in the world.

Georgia is putting its national currency on the blockchain

The country of Georgia and Tether are building an official digital version of the Georgian Lari, one of the first government-backed stablecoins in the world.

Georgia is putting its national currency on the blockchain

Myanmar's military has launched fresh offensives on border regions that produce roughly half the world's heavy rare earths, used in wind turbines and electric vehicles.

Myanmar is fighting to control half the world's rare earth supply

Myanmar's military has launched fresh offensives on border regions that produce roughly half the world's heavy rare earths, used in wind turbines and electric vehicles.

Myanmar is fighting to control half the world's rare earth supply

Fenwick & West, the Silicon Valley firm that advised FTX as it rose to crypto dominance, agreed to pay $54 million to settle fraud claims.

FTX victims just won $54 million from the lawyers who built the exchange

Fenwick & West, the Silicon Valley firm that advised FTX as it rose to crypto dominance, agreed to pay $54 million to settle fraud claims.

FTX victims just won $54 million from the lawyers who built the exchange

A Nissan subsidiary has abandoned a £49 million EV powertrain plant planned for Sunderland, the latest sign that the automaker is retreating globally.

Nissan just pulled a EV factory investment from the UK

A Nissan subsidiary has abandoned a £49 million EV powertrain plant planned for Sunderland, the latest sign that the automaker is retreating globally.

Nissan just pulled a EV factory investment from the UK

A $4.9 billion stimulus aims to reopen shuttered garment factories and save 250,000 jobs as growth slows and global demand weakens.

Bangladesh is trying to restart its factories before they go dark for good

A $4.9 billion stimulus aims to reopen shuttered garment factories and save 250,000 jobs as growth slows and global demand weakens.

Bangladesh is trying to restart its factories before they go dark for good