Tag:

Spending

How Saudi Arabia's spending spree reached the end of the line

Autocratic monarchs once left an echo of their glory in the ruins of the megaprojects they commanded at the peak of their unchallenged power.

25 May 2026-06:09
UBS Global Wealth Management boosts S&P 500 forecast on strong consumer spending

22 May 2026-12:44
Alibaba profit falls amid heavy AI, e-commerce spending

13 May 2026-14:28
U.S. spending on Iran war nears $29B, Pentagon says

The Pentagon reported on Tuesday that the war with Iran has cost nearly $29 billion, as President Donald Trump comes under increasing scrutiny over the conflict and its effects on U.S. military readiness.

12 May 2026-21:34
Indonesia's economy grows as government spending surges

Indonesia's economy expanded by 5.61 percent year on year in the first quarter of 2026, supported by broad-based growth across multiple sectors and a sharp increase in government spending, Statistics Indonesia (BPS) said on Tuesday.

05 May 2026-14:54
Asia sees biggest military spending surge since 2009

Military spending across Asia and Oceania recorded its fastest annual growth in more than a decade in 2025, reflecting rising geopolitical tensions and shifting security priorities.

27 Apr 2026-09:35
Meta to cut workforce as AI spending surges

Meta Platforms Inc. plans to lay off around 10% of its global workforce, affecting roughly 8,000 employees, as the company pushes to improve efficiency while ramping up heavy investment in artificial intelligence.

23 Apr 2026-22:59
India's Wipro announces record buyback after revenue miss

India’s Wipro announced a record share buyback of up to 150 billion rupees ($1.61 billion) on Thursday after reporting a slight quarterly revenue miss, as clients held back technology spending in the energy and banking sectors, while business from key customer Estée Lauder also slowed.

16 Apr 2026-15:41
Australia eyes record peace-time defense spending expansion

Australia will increase military spending by 53 billion Australian dollars ($38.1 billion) over the next 10 years under its 2026 National Defense Strategy (NDS), announced on Thursday.

16 Apr 2026-09:19
How much could the Iran war cost the US? Here’s what we know

The ongoing military confrontation between the United States and Iran is raising serious questions about financial sustainability and weapons stockpiles, as Washington intensifies operations under what the Pentagon has named “Operation Epic Fury”.

12 Apr 2026-20:43

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