Sri Lanka raises fuel prices as inflation spikes
AFP, Colombo
4 hour(s) ago Business
news / Why the oil price surge threatens a US recession
REUTERS, London
3 May 2026, 00:00 AM Global Economy
India raises cooking gas, jet fuel prices
AFP, New Delhi
3 May 2026, 00:00 AM Global Economy
Reconditioned vehicle importers seek duty cuts for hybrid cars
Star Business Report
2 May 2026, 20:06 PM Business
India raises cooking gas, jet fuel prices
AFP, New Delhi
2 May 2026, 10:26 AM Business
Trump says will raise US tariffs on EU cars to 25%
AFP, Washington
2 May 2026, 08:43 AM Business

Dollar creeps higher as Fed’s taper looms

The dollar began the week firmly on Monday with investors in a cautious mood ahead of several central bank meetings, headlined by the Federal Reserve, while looming catastrophe at indebted developer China Evergrande added to markets’ fragility.
20 September 2021, 18:00 PM

Fed to reveal new projections with investors on alert

US Federal Reserve officials will lay bare how soon and how often they think the economy will need interest rates rises over the next three years when they release new forecasts at their policy meeting on Wednesday, with investors on alert for a faster pace of tightening.
20 September 2021, 18:00 PM

BP gambles big on fast transition from oil to renewables

Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant’s pioneering natural gas extraction technology.
20 September 2021, 18:00 PM

UK seeks to break down digital trade barriers

Britain will look to break down digital trade barriers to help its businesses export their services, the country’s newly appointed trade minister Anne-Marie Trevelyan will say on Monday.
20 September 2021, 18:00 PM

Chinese property magnate loses $1b in Evergrande panic

The boss of a Shanghai-based property developer lost more than a billion dollars Monday, as fears over the potential collapse of Chinese real estate giant Evergrande sent panic across Hong Kong trading floors.
20 September 2021, 18:00 PM

Zara owner Inditex outshines H&M as sales top pre-pandemic levels

Fashion brand Zara owner Inditex has outpaced Swedish rival H&M in its efforts to bounce back from the coronavirus crisis, with second-quarter sales rising above pre-pandemic levels.
20 September 2021, 18:00 PM

Oil falls

Oil prices fell on Friday as energy companies in the US Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
19 September 2021, 18:00 PM

Fed Chair Powell now faces an ethics blowup

It is perhaps as predictable as it is problematic: Within days of news that two Federal Reserve bank presidents had engaged in controversial stock trades, one of the fiercest critics of the U.S. central bank’s financial system oversight demands new ethics rules that would bar such dealings in the future.
19 September 2021, 18:00 PM

Sterling steadies against euro

Sterling hit fresh lows against a broadly stronger dollar and rose versus the euro on Friday as some investment banks brought forward their forecast for a Bank of England rate rise.
19 September 2021, 18:00 PM

US probes possible insider trading at Binance

US officials are examining possible insider trading and market manipulation at Binance, Bloomberg News reported on Friday, potentially adding more heat to the cryptocurrency exchange that has become a target of regulatory scrutiny in many countries.
19 September 2021, 18:00 PM

Fed to stay cautious as economy sends mixed signals

With the United States on the upswing from the Covid-19 pandemic, the Federal Reserve is expected to weigh in next week on whether the economy is healthy enough to begin withdrawing stimulus measures credited with aiding the revival.
19 September 2021, 18:00 PM

Critics warn of Apple, Google ‘chokepoint’ repression

The global dominance of tech giants serves as a convenient online chokepoint for authoritarian governments to crack down on dissent or rig elections, critics of Apple and Google said Friday.
19 September 2021, 18:00 PM

US banking lobby groups oppose proposed tax reporting law

The largest US banking lobby groups banded together on Friday to make another push to kill a proposed bank account reporting law being drawn up as part of the congressional reconciliation package.
18 September 2021, 18:00 PM

US in talks with Huawei CFO on resolving criminal charges

The US Department of Justice (DOJ) is in talks with Huawei and lawyers for its Chief Financial Officer Meng Wanzhou about an agreement that could allow her to return to China, the Globe and Mail reported on Friday, citing Canadian sources.
18 September 2021, 18:00 PM

Iran’s petrochemical, fuel sales boom as sanctions hit crude exports

Iranian fuel and petrochemical exports have boomed in recent years despite stringent US sanctions, leaving Iran well placed to expand sales swiftly in Asia and Europe if Washington lifts its curbs, trading sources and officials said.
18 September 2021, 18:00 PM

Banks beware, Amazon and Walmart are cracking the code for finance

Anyone can be a banker these days, you just need the right code.
18 September 2021, 18:00 PM

Ford wakes up badly burnt from its India dream

When Ford Motor Co built its first factory in India in the mid-1990s, US carmakers believed they were buying into a boom - the next China.
18 September 2021, 18:00 PM

China applies to join Pacific trade pact to boost economic clout

Japan said it would have to determine if China meets the  “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join.
18 September 2021, 18:00 PM

Airbus reaches deal to restructure AirAsia jet order

Airbus has agreed to cut prices or reschedule delivery for hundreds of jets ordered by Malaysia’s AirAsia to salvage a contract worth tens of billions of dollars with its largest Asian customer, industry sources said on Friday.
18 September 2021, 18:00 PM

UK retail sales drop as more consumers eat out: data

British retail sales fell last month as the grocery sector was hit by people returning to restaurants and pubs after virus curbs were lifted, data showed Friday.
18 September 2021, 18:00 PM