US oil and gasoline firms strained to get offshore operations again up and operating on Thursday because the extent of Hurricane Ida’s damages grew to become extra obvious. 

US stock index futures inched higher on Thursday on hopes the Federal Reserve would maintain an accommodative policy amid signs that a broader economic recovery was slowing.

All-you-can-watch video products offered by Vodafone and Deutsche Telekom in Germany violated regional rules on roaming and net neutrality, the European Union’s highest court ruled on Thursday.

US officials are preparing a new antitrust lawsuit against Google over its power in the online advertising market,Bloomberg reported Wednesday.

India’s gasoline demand is set to hit a record this fiscal year, with consumption accelerating as more people hit the road for business and leisure travel after easing of Covid-19 curbs.

India’s economy rebounded in the April-June quarter even while a devastating second wave of Covid-19 swept the country, with growth of over 20 per cent compared to a year earlier driven by a surge in manufacturing and higher consumer spending.

Fear of the fast spreading Delta variant of Covid-19 and rising prices undermined Americans’ confidence in August, according to a survey released Tuesday.

Global stock markets rose Wednesday as investors digested upbeat survey data and weighed global recovery against the impact of the fast-spreading Delta Covid variant.

German retail sales fell by far more than expected in July after two months of sharp increases, data showed on Wednesday, in a first sign that a consumer-driven recovery in Europe’s largest economy might be losing steam in the third quarter.

OPEC+ revised up its 2022 oil demand forecast ahead of a meeting of the oil producing group on Wednesday, amid US pressure to raise output more quickly to support the global economy.

Mexico’s economy will grow by 6.2 per cent this year after a deep pandemic-induced recession in 2020, the central bank predicted Tuesday, in the latest upgrade to its forecast.

Australia’s economy expanded more than expected in the second quarter, data showed Wednesday, easing concerns that the country could suffer a double-dip recession as it battles a fresh wave of Covid infections thanks to a pick-up in domestic demand.

China’s energy regulator has promised to learn from its mistakes and improve its planning and policy making after a central government inspection team said it had failed to meet state environmental protection requirements.

Canada’s economic recovery came to a surprise and screeching halt in the second quarter, casting a pall over snap elections called by Justin Trudeau to set a new post-pandemic course for the nation.

Chinese authorities have instructed an American Chamber of Commerce in the southwestern city of Chengdu to cease operations, officials with the organisation said on Tuesday.

The European Commission told the Czech Republic on Monday it would halt the payment of some EU subsidies until the country tightens its laws to guard against conflicts of interest.

China’s demand for spot crude appears to be recovering after nearly five months of slower purchases caused by a shortage of import quotas, drawdowns from high inventories and Covid-19 lockdowns that muted Chinese fuel consumption.

Algeria will make reforms to improve the business climate and attract investment, the presidency said on Monday, as the OPEC member seeks to reduce its reliance on oil.

Hong Kong’s leader doubled down on her zero-Covid strategy on Tuesday, brushing off growing pushback from the business community over the city’s indefinite international isolation.

South Korean MPs were expected to ban Apple and Google from forcing app developers to use the tech giants’ payment systems on Tuesday, effectively declaring their lucrative App Store and Play Store monopolies illegal.