The pandemic and soaring inflation have done nothing to take the shine off luxury brands, from Louis Vuitton to Gucci and Cartier, as the sector hiked prices to notch up stellar profits.

Nickel surged Monday to the highest price in more than 10 years, driven by simmering Ukraine-Russia tensions and tight supplies.

Global ports and terminal operator APM Terminals, a subsidiary of Danish shipping company AP Moller Maersk, has expressed interest in developing and operating the under-construction Patenga Container Terminal of the Chattogram port.

Amazon’s rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to India’s premier cricket league with its hundreds of millions of viewers.

The United States and the United Arab Emirates are seeking an additional $4 billion of global investment in an initiative launched last year to make agriculture resilient to climate change and reduce its emissions, a US official said on Sunday.

Saudi Arabia is committed to working with its OPEC+ partners to ensure energy-market stability, the country’s foreign minister said on Saturday, adding this required the participation of all members.

The World Bank’s management has approved a plan to use some $1 billion in a frozen Afghanistan trust fund for education, agriculture, health and family programs, according to a bank paper and two sources, in what would be a major boost to efforts to ease the country’s worsening humanitarian and economic crises.

Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday.

Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a time when prices of rival palm oil are scaling record highs, three dealers told Reuters.

There could be a knock-on impact to energy prices paid by American consumers from ongoing tensions between Russia and Ukraine, US Vice-President Kamala Harris said, adding that the US government is working to mitigate the effects.

India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on each other’s goods and aims to increase annual trade between the two nations to $100 billion within five years.

A US stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices.

Japan’s core consumer prices rose for a fifth straight month in January but at a slower pace than in the previous month, boosting the likelihood the country’s central bank will lag behind other economies in raising interest rates.

The crisis in Ukraine is a serious threat to the global economy’s post-pandemic recovery, Indonesia’s leader on Thursday warned a meeting of finance chiefs from the G20 nations.

The European Union launched a legal challenge against China at the World Trade Organization on Friday, arguing that Chinese courts were preventing European companies from protecting their telecom technology patents.

Standard Chartered has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending.

Canadian inflation rose to 5.1 per cent in January -- far outpacing economists’ expectations -- as price increases hit a 30-year high, the government statistical agency said Wednesday.

Advanced nations should  “immediately” provide relief to developing nations whose debt burdens have swelled due to the Covid-19 pandemic, IMF Managing Director Kristalina Georgieva said Wednesday.

The United States needs to pursue new strategies and update its domestic trade tools to deal with China’s  “state-led, non-market policies and practices”, the US Trade Representative’s office said on Wednesday in a new assessment report.

US industrial production grew more than expected in January, the Federal Reserve reported Wednesday, amid a surge in heating demand and strong mining activity.