Trump threatens 100% tariff on EU countries
27 June 2026, 00:00 AM
Global Economy
Gold gains
27 June 2026, 00:00 AM
Global Economy
European economies suffer from heatwave
27 June 2026, 00:00 AM
Global Economy
Samsung to unveil $650b investment amid AI boom
27 June 2026, 00:00 AM
Global Economy
India ends restrictions on commercial gas
27 June 2026, 00:00 AM
Global Economy
iFarmer bags $250,000 OPEC Fund award for empowering farmers
9 hour(s) ago
Business
Should we fear an AI bubble bust?
27 June 2026, 12:17 PM
Business
Trump threatens 100% tariff on EU countries over digital services tax
27 June 2026, 12:10 PM
Business
Oil slide softens dollar’s inflationary bite
26 June 2026, 00:00 AM
Global Economy
Oil extends decline on rising Middle East supply
25 June 2026, 13:09 PM
Business
EU, India relaunch FTA talks
The European Union and India on Friday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end of 2023.
18 June 2022, 18:00 PM
Bitcoin hits 18-month low
Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates.
18 June 2022, 18:00 PM
Fed vows unconditional inflation war
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising risk of recession will not stop its battle to bring down searing inflation that’s punishing American households.
18 June 2022, 18:00 PM
Mexico signs renewable energy deals with US firms
Mexico has made commitments with 17 US companies on clean energy generation, its president announced Friday.
18 June 2022, 18:00 PM
Bitcoin drops below $20,000, lowest since December 2020
Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were unnerved by growing troubles in the industry and as the general pull-back from riskier assets continued.
18 June 2022, 15:30 PM
Interest on public debt could reach €30 bn next year, says German finance minister
Finance Minister Christian Lindner warned that interest charges on Germany's public debt could reach 30 billion euros next year due to rising interest rates and growing debt levels, adding that he would resist calls to increase spendinga.
18 June 2022, 14:59 PM
Biden chastises oil industry over fuel costs
US President Joe Biden on Wednesday chastised the oil industry over soaring fuel prices at the heart of 40-year-high inflation, warning of unspecified emergency measures.
16 June 2022, 18:00 PM
BoE unveils fifth rate hike in a row
The Bank of England on Thursday hiked its main interest rate for a fifth straight time, as it forecast British inflation to soar further this year to above 11 per cent.
16 June 2022, 18:00 PM
Germany moves to ramp up wind power
The German government approved a draft law on Wednesday aimed at covering two per cent of the country’s land area with wind turbines by 2032, by setting fixed regional targets and easing some administrative burdens.
16 June 2022, 18:00 PM
Inflation latest tough dish for US hospitality industry
New York restaurateur James Mallios has long prided himself on culinary authenticity, spending more for sunflower oil because it is used in Greece to fry foods.
16 June 2022, 18:00 PM
Migrants sent home $605b in 2021: UN
Migrant workers sent home an estimated $605 billion to low- and middle-income countries last year, a UN study said Thursday, boosted by an increase in payments sent via mobile phones.
16 June 2022, 18:00 PM
Fed rolls out biggest rate hike in 28yrs
The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that US central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.
16 June 2022, 18:00 PM
EU signs gas deal with Egypt, Israel
Israel and Egypt plan to boost gas exports to Europe under an agreement signed during a Cairo visit Wednesday by the European Commission president as the bloc seeks to wean itself off Russian gas.
16 June 2022, 18:00 PM
US inflation highest in 4 decades, feds approve largest interest hike
The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that US central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.
16 June 2022, 03:17 AM
UK axes subsidy for electric plug-in cars
Britain on Tuesday axed its 1,500 ($1,800) subsidy for buyers of new plug-in cars as it focuses on other types of electric vehicles, but the news drew anger from the auto sector.
15 June 2022, 18:00 PM
Germany races to stockpile gas before winter
Germany’s race to wean itself off Russian energy and stockpile enough gas before winter is playing out largely hidden from view, some 1,600 metres (one mile) below ground in the foothills of the Bavarian Alps.
15 June 2022, 18:00 PM
Fed ponders huge rate hike to fight inflation
The US Federal Reserve is poised to raise borrowing costs Wednesday amid the troubling acceleration of inflation, with the only question being whether officials will opt for the biggest hike in nearly three decades or a smaller step up.
15 June 2022, 18:00 PM
Australia hikes minimum wage as inflation soars
Australia raised the minimum wage by over five per cent on Thursday, a slower-than-inflation increase as prices for basic goods soar.
15 June 2022, 18:00 PM
Biden blames it on Russia, Republicans
President Joe Biden on Tuesday blamed Republicans and the Russian invasion of Ukraine for soaring US inflation, in a bid to deflect voter anger over his inability to keep prices down.
15 June 2022, 18:00 PM
India all but sinks WTO sustainable fishing deal
India all but sank the WTO’s bid to net a long-sought deal on curbing harmful fishing subsidies, insisting Tuesday it would not sign up without a 25-year exemption.
15 June 2022, 18:00 PM