Gold loses lustre on Middle East war
AFP, London
1 hour(s) ago Business
Budget airlines first to cut flights as jet fuel prices soar
AFP, Paris
29 April 2026, 00:00 AM Global Economy
Oil prices rise 3%
REUTERS, London
29 April 2026, 00:00 AM Global Economy
Thailand projects fewer tourists due to war
AFP, Bangkok
29 April 2026, 00:00 AM Global Economy
Less than 30% of oil wells active in Venezuela
AFP, Caracas
29 April 2026, 00:00 AM Global Economy
US trade deal a genuine partnership for more bilateral trade: US ambassador
Star Business Report
28 April 2026, 19:47 PM Business

EU plans law for tech firms

The European Union plans to legislate in the coming months to require technology companies to do more to tackle child sexual abuse, beefing up current voluntary arrangements,  said EU Home Affairs Commissioner Ylva Johansson. The official said 22 million offences were related to child sexual abuse in 2020, up from 17 million in 2019.
9 January 2022, 18:00 PM

Pandemic fuels online exercise boom

Interactive comment sections and virtual reality headsets: internet-connected fitness gear and services have boomed during the pandemic as at-home athletes seek a proxy for gym life.
9 January 2022, 18:00 PM

Europe nuclear plants need 500b euro investment by 2050

The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published at the weekend.
9 January 2022, 18:00 PM

Amazon files new legal challenges in dispute with Future Group

Amazon.com Inc has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told Reuters on Sunday.
9 January 2022, 18:00 PM

Self-driving race cars zip into history at CES

A racecar with nobody at the wheel snaked around another to snatch the lead on an oval track at the Consumer Electronics Show in Las Vegas Friday in an unprecedented high-speed match between self-driving vehicles.
9 January 2022, 18:00 PM

Oil prices jump over Kazakhstan unrest

Unrest in OPEC+ member Kazakhstan has pushed up oil prices as investors fear supply interruptions, but the uranium market appears less affected despite the Central Asian country being the world’s second largest producer.
9 January 2022, 18:00 PM

Baby lost in Afghanistan airport chaos found, returned to family

An infant boy handed in desperation to a soldier across an airport wall in the chaos of the American evacuation of Afghanistan has been found and was reunited with his relatives in Kabul on Saturday.
9 January 2022, 14:30 PM

Anti-graft agency probes China insurance tycoon

The chairman of China’s biggest insurer is under investigation by the Communist Party’s anti-corruption commission, the agency said Saturday, as the government pushes a campaign against graft and a clean-up of the country’s chaotic financial industry.
8 January 2022, 18:00 PM

Fed will tackle inflation, says Biden

With US inflation high and the Federal Reserve expected to hike interest rates within months, President Joe Biden said on Friday he had faith in the central bank’s ability to manage price increases.
8 January 2022, 18:00 PM

Omicron slams UK retail recovery

Restrictions imposed in the wake of the Omicron coronavirus variant have  “wiped out” much of a recent recovery enjoyed by UK bricks-and-mortar stores, the British Retail Consortium revealed Friday.
8 January 2022, 18:00 PM

Hard times loom for US economy

The US economy ended 2021 on a sour note with a worse-than-expected employment report that underscored the challenges awaiting President Joe Biden in the new year as the Omicron variant runs rampant and his legislative agenda stalls.
8 January 2022, 18:00 PM

Japan’s service sector activity growth eases

Japan’s services sector activity expanded at a slower pace in December as growth in new and outstanding business softened and expectations for the 12 months ahead eased to a four-month low.
6 January 2022, 18:00 PM

UK car sector stalls on Covid, semiconductor shortage

Britain’s car manufacturing stalled last year on pandemic fallout including a semiconductor shortage, despite record demand for greener electric vehicles, industry data showed Thursday.
6 January 2022, 18:00 PM

World food prices hit 10-year high in 2021

World food prices jumped 28 per cent in 2021 to their highest level in a decade and hopes for a return to more stable market conditions this year are slim, the UN’s food agency said on Thursday.
6 January 2022, 18:00 PM

US private payrolls surge

US private payrolls increased more than expected in December, pointing to underlying labor market strength, but sky-rocketing Covid-19 infections could slow momentum in the months ahead.
6 January 2022, 18:00 PM

Fed sees rate hikes ‘sooner’ as inflation spikes

Federal Reserve officials last month were concerned about the Omicron impact, but believed the US economy had recovered enough from the pandemic downturn that interest rate hikes could come sooner than expected, according to minutes of the December meeting released Wednesday.
6 January 2022, 18:00 PM

German industrial orders bounce back

German industrial orders rebounded in November after a sharp drop in October, official data showed Thursday, despite persistent shortages in raw materials and components weighing on the sector.
6 January 2022, 18:00 PM

Indonesia scraps huge mining, coal permits

Indonesia on Thursday revoked thousands of permits for mining, coal and forestry as the government battles to rein in its vast resources sector.
6 January 2022, 18:00 PM

US triumphs over Canada in trade dispute

The US government on Tuesday said it had won its fight with Ottawa over restrictions in the Canadian dairy market, claiming victory in the first-ever dispute under the revamped North American free trade pact.
5 January 2022, 18:00 PM

Euro zone recovery stumbles

The euro zone’s economic recovery stuttered in December as a renewed wave of Covid-19 infections curtailed growth in the bloc’s dominant service industry, a survey showed on Wednesday, and could weaken further if tighter restrictions are imposed.
5 January 2022, 18:00 PM