Gold loses lustre on Middle East war
AFP, London
2 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

Germany may clamp down on Google activities

Germany’s antitrust regulator on Wednesday classified Google a company of “paramount significance across markets”, a move paving the way for the authorities to clamp down on any potentially anti-competitive activities.
5 January 2022, 18:00 PM

Do 5G telecoms pose a threat to airline safety?

US telecom companies and airlines have been fighting for weeks over the potential impact of 5G wireless services on aircraft, in stark contrast to the rollout of new-generation services elsewhere, which has broadly gone ahead without airing new safety concerns.
5 January 2022, 18:00 PM

Japan tuna goes for $145,000

The buyer of a $145,000 tuna at Tokyo’s traditional New Year auction said Wednesday he hoped the purchase would “brighten” a Covid-hit 2022.
5 January 2022, 18:00 PM

US financial firms tighten Covid-19 precautions

US financial firms have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron coronavirus variant.
5 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

Oil slips below $80

Oil prices slipped below $80 a barrel on Wednesday after OPEC+ producers stuck to an agreed output target rise for February and investors assessed the impact of a spike in Covid-19 cases caused by the Omicron variant.
5 January 2022, 18:00 PM

Spain’s jobless number posts record fall

The number of registered jobless in Spain posted a record drop in 2021 as the relaxation of pandemic restrictions boosted its key tourism sector, official statistics showed Tuesday.
4 January 2022, 18:00 PM

Algeria energy firm to invest $40b in five years

Algeria’s state-owned hydrocarbon firm Sonatrach will invest $40 billion into oil exploration, production and refinement as well as gas prospecting and extraction between 2022 and 2026, CEO Toufik Hakkar said Monday.
4 January 2022, 18:00 PM

Evergrande shares rise after day-long trading suspension

Shares in embattled Chinese property giant Evergrande rallied on Tuesday after a day-long suspension, as the company confirmed it had been ordered to demolish part of a resort in Hainan province.
4 January 2022, 18:00 PM

German unemployment declines in December

Germany’s joblessness rate fell slightly in December despite the return of health restrictions to tackle a new wave of coronavirus cases, official figures published Tuesday showed.
4 January 2022, 18:00 PM

Apple becomes 1st US company to reach $3t valuation

Apple became the first US company to hit $3 trillion in market value, briefly reaching the landmark on Monday in the latest demonstration of the tech industry’s pandemic surge.
4 January 2022, 18:00 PM

Oil prices steady ahead of Opec+ meeting

Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of Covid-19.
4 January 2022, 18:00 PM

Sri Lanka unveils relief package as food prices soar

Sri Lanka unveiled a $1.1 billion targeted relief package Tuesday to help consumers pay soaring food costs as an economic crisis bites.
4 January 2022, 18:00 PM

Indonesia warns coal supply crunch not over

Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s review of its export ban, unnerving global markets for the fuel used to generate most of the electricity that drives Asia’s biggest economies.
4 January 2022, 18:00 PM

UK tightens takeover rules

Britain on Tuesday rolled out new rules to make it harder for foreign firms to buy UK assets amid national security concerns surrounding proposed takeovers by Chinese and US groups.
4 January 2022, 18:00 PM

Tesla criticised for opening showroom in Xinjiang

Tesla’s announcement that it has opened a showroom in Xinjiang has attracted criticism from US rights and trade groups, making it the latest foreign firm caught up in tensions related to the far-western Chinese region.
4 January 2022, 18:00 PM

China to order reviews for firms seeking overseas listings

China said on Tuesday it will put in force new rules to increase its oversight of plans by Chinese platform firms to list on overseas stock markets in the latest move to tighten its grip on its sprawling technology sector.
4 January 2022, 18:00 PM

Troubled Evergrande suspends share trading again

Embattled Chinese developer giant Evergrande announced Monday it was once again suspending trading of its shares in Hong Kong ahead of an announcement.
3 January 2022, 18:00 PM

S Korea factory activity quickens

Activity in South Korea’s factories expanded at the fastest pace in three months in December but the economy struggled to gather momentum as rising global coronavirus cases and continued supply constraint weighed on production and overseas demand.
3 January 2022, 18:00 PM