KATHMANDU: Global oil prices are rising after the United States and Israel launched military strikes on Iran, escalating tensions across the Middle East and raising concerns about potential disruptions to global crude supply. A major focus of the market is…

KATHMANDU: The Ministry of Foreign Affairs Nepal has urged Nepali nationals residing in the United Arab Emirates to remain cautious and avoid unnecessary travel as tensions continue to escalate in the Middle East. In a recent advisory, the government requested…

KATHMANDU: Thousands of foreign-brand cars are entering Russia through China despite Western sanctions imposed after the 2022 Ukraine invasion. According to registration data reviewed by Reuters and Russia-based research firm Autostat, vehicles from brands such as Toyota, Mazda, Mercedes-Benz, BMW,…

KATHMANDU: UK-based AI self-driving startup Wayve has raised $1.2 billion in fresh funding, pushing its valuation to $8.6 billion as it prepares to launch its first robotaxi service in London later this year. The latest investment round includes participation from…

KATHMANDU: The Government of Uttar Pradesh has signed a Memorandum of Understanding (MoU) with AVW Global to bring MotoGP back to India. The agreement aims to revive international motorcycle racing events in the country, according to Autocar India. AVW Global…