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KUALA LUMPUR, Malaysia — Bettr, a leading provider of inclusive and embedded finance and fintech solutions under Ant International, today announced its partnership with Muslim Pro, a popular Islamic lifestyle app serving over 190 million downloads worldwide, to launch an Umrah financing solution in Malaysia. Read More
(Bloomberg) — Oil extended gains as Iran and Oman remained short of a deal to reopen the Strait of Hormuz, while Houthi militants claimed an attack on a Saudi refinery near the Red Sea. Read More
(Bloomberg) — The wait dragged on for an Iranian deal with Oman on the Strait of Hormuz, with the Islamic Republic warning the US that any pact wouldn’t lead to an immediate reopening of the crucial energy chokepoint. Read More
(Bloomberg) — China’s factory-gate inflation eased for the first time since the Iran war broke out in late February while consumer prices also decelerated, in another sign that cost pressures from the oil shock are starting to fade. Read More
(Bloomberg) — Iran said it’s “very close” to a deal with Oman on a new maritime transit route in the Strait of Hormuz, after expectations grew this week that an announcement may soon be made. Read More
(Bloomberg) — Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021, as operating earnings surged. Read More
