US Energy Secretary Jennifer Granholm said Friday she had raised the Joe Biden administration’s “real concerns” about Mexico’s planned energy sector reforms, stepping up pressure on the major trading partner.

President Joe Biden on Friday praised Intel’s plans to spend $20 billion on a new US semiconductor facility, hailing the “historic” investment even as a global chip shortage fans the inflation wave weighing on his leadership.

Hours before the window for lodging objections closes, EU environment and energy ministers meeting in France Friday differed sharply on a European Commission provision that would classify nuclear and natural gas energy as “sustainable”.

British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.

British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.

The announcements Friday by TotalEnergies and Chevron have swelled the ranks of foreign firms that have quit Myanmar after the February military coup.

Sri Lanka consumer prices shot up a record 14 per cent in December, surpassing a previous high of 11.1 from a month earlier, official figures showed on Saturday as food and fuel shortages worsen.

With his party splintered and Democrats across the coalition that elected him in 2020 unhappy, President Joe Biden has just a few months to try to chart a path out of the malaise or risk getting swamped in the looming midterm elections in which Republicans are seeking to regain control of Congress.

China lowered mortgage lending benchmark rates on Thursday as monetary authorities step up efforts to prop up the slowing economy, after data earlier in the week pointed to a darkening outlook for the country’s troubled property sector.

Consumer prices in Canada exploded to a 30-year-high in December, partly due to supply chain disruption, Statistics Canada said Wednesday.

Sri Lanka’s central bank hiked interest rates Thursday in a bid to tame rampant inflation and discourage consumer spending as the country suffers a foreign currency shortage and teeters on the brink of default.

Lowering the record rate of US inflation will  “be a haul,” President Joe Biden said Wednesday, but he insisted the price increases will subside if supply chain snarls and component shortages are resolved.

United Airlines reported another quarterly loss Wednesday on the lingering drag from Covid-19 but offered an upbeat outlook on a travel comeback later in 2022 and in future years.

The dollar price may cross Rs200 with the sudden imposition of a withholding tax on exchange companies, which are getting notices to the tune of hundreds of millions of rupees from the Federal Board of Revenue (FBR).

Tourism arrivals around the world are not expected to return to their pre-pandemic levels until 2024 at the earliest, the World Tourism Organization said Tuesday.

ExxonMobil pledged Tuesday to reach  “net zero” greenhouse gas emissions in its operations by 2050, but stopped short of extending the promise to products it sells throughout the global economy.

Only eight of Germany’s largest 100 banks had women as their chief executives in late 2021, down from 10 a year earlier, a German Institute for Economic Research (DIW) report found.

Growing fears about the US Federal Reserve’s plans to fight surging inflation by ramping up interest rates hit Asian markets again Wednesday following a hefty sell-off on Wall Street, while oil prices extended their rally after a blast at a key pipeline.

Housewife Maira Tayyab has considered begging for money to feed her family in inflation-hit Pakistan, while shop owner Mohammad Hanif finds his thoughts turning to crime.

US online retail giant Amazon is reconsidering a decision to ban payments in the UK made with Visa credit cards, as the pair seek to resolve a dispute over fees.