Oil prices rise further
AFP, Hong Kong
30 April 2026, 00:00 AM Global Economy
UAE exit from Opec to boost supply, lower oil prices
REUTERS, Moscow
30 April 2026, 00:00 AM Global Economy
Airbus profits slide as deliveries drop
AFP, Paris
30 April 2026, 00:00 AM Global Economy
Weak policies, low trust hurt investment outlook: analysts
Star Business Report
29 April 2026, 20:47 PM Business
Lending rates to be brought down to a tolerable level: Commerce minister
Star Business Report
29 April 2026, 18:21 PM Business
Stocks swing, oil edges up with Iran war peace talks stalled
AFP, Hong Kong
29 April 2026, 13:04 PM Business
Gold loses lustre on Middle East war
AFP, London
29 April 2026, 13:02 PM Business

Uber resumes shared rides in US

Ride-hailing giant Uber has resumed its ride-sharing service in the United States, a top executive announced Tuesday, offering customers in Miami a feature that was stopped last year because of the Covid-19 pandemic.
17 November 2021, 18:00 PM

Top banking regulator urges climate rules for lenders

The top international banking supervisory authority on Tuesday said lenders should account for climate risks when managing their business, suggesting a list of 18  “principles” to guide banks and national supervisors.
17 November 2021, 18:00 PM

UK inflation leaps to 10-year high

British inflation surged to a 10-year high last month as household energy bills rocketed, according to data on Wednesday that will bolster expectations that the Bank of England will raise interest rates next month.
17 November 2021, 18:00 PM

Russian central bank says high inflation a disaster

Russia’s central bank chief warned Monday that record-breaking inflation was a  “real disaster” for the country and urged the government to take action.
16 November 2021, 18:00 PM

Lagarde stays quiet on ECB rate rises beyond 2022

European Central Bank President Christine Lagarde said on Monday she would not  “venture” into speculation over interest rate rises in 2023 amid pressure for the bank to define its response to high inflation.
16 November 2021, 18:00 PM

Oil price rally may start to ease: IEA

The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases.
16 November 2021, 18:00 PM

UK unemployment drops as vacancies hit new high

Britain’s unemployment rate has fallen further with the economy reopen following a pandemic lockdown, with vacancies hitting a fresh peak, data showed Tuesday.
16 November 2021, 18:00 PM

Outlook starting to brighten for aviation: Airbus CEO

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the  “outlook is starting to brighten”, Airbus CEO Guillaume Faury told journalists Monday.
16 November 2021, 18:00 PM

Shell plans UK relocation, sparking Dutch outrage

Energy giant Shell on Monday announced plans to switch headquarters from the Netherlands to the UK and drop Royal Dutch from its name, in a major shakeup that angered the Dutch government.
16 November 2021, 18:00 PM

Sri Lanka shuts only oil refinery as dollar shortage bites

Sri Lanka shut its only oil refinery Monday after running out of dollars to import crude, in an escalating economic crisis that has triggered shortages of food and other staples.
16 November 2021, 18:00 PM

Asian markets rise

Asian equity markets mostly rose Monday to build on a recent run-up following another healthy showing on Wall Street, though inflation concerns continue to dampen the mood.
15 November 2021, 18:00 PM

Thai economy shrinks, hopes for tourism-led recovery

Thailand’s economy shrank in the third quarter, official data showed Monday, but hopes for a gradual recovery are picking up after the kingdom’s reopening to foreign tourists this month.
15 November 2021, 18:00 PM

Covid hits Japan economy harder than expected in Q3

Japan’s economy shrank far more than expected in the three months to September, as a surge in virus cases hit spending and supply chain issues hampered business, data showed Monday.
15 November 2021, 18:00 PM

Coal stocks lose ground after Glasgow climate deal

An international agreement to reduce coal use has seen mining share prices fall, but tight supply of the commodity provided a floor for a sector that has chalked up huge gains this year.
15 November 2021, 18:00 PM

China’s factory output, retail sales see surprise jump

China’s economy showed signs of stabilising in October, according to data on Monday, with retail sales and factory output beating expectations as a power supply crisis appeared to ease.
15 November 2021, 18:00 PM

Migrants eye Belarus to move to EU as tourists

When Kamaran Mohammed travelled with his wife and three children to the Belarus capital Minsk last month from their home in northern Iraq, they went as tourists.
15 November 2021, 16:29 PM

Musk says stock sale impact ‘closer to tax maximisation’

Tesla CEO Elon Musk said Saturday the result of his sale of nearly $7 billion worth of Tesla shares this week was “closer to tax maximization than minimization.”
14 November 2021, 18:00 PM

Canada pauses imports from Malaysia glove maker Supermax

Canada has paused imports from Malaysian glove maker Supermax Corp as it awaits the results of an audit, weeks after the United States barred the firm over allegations the company uses forced labour.
14 November 2021, 18:00 PM

US states file updated antitrust complaint against Google

A group of US states led by Texas have filed an amended complaint against Alphabet Inc’s Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost its already dominant advertising business.
14 November 2021, 18:00 PM

Software firms connecting people with global value chain

The country’s software companies are connecting people in Bangladesh with the global value chain, especially through microfinance clients, analysts said at a seminar yesterday.
14 November 2021, 18:00 PM