Trump says India will buy oil from Venezuela, not Iran
1 hour(s) ago
Global Economy
Trump says he welcomes Chinese investment in Venezuelan oil
2 hour(s) ago
Business
Trump says US will have 'very substantial' response if Canada enacts trade deal with China
6 hour(s) ago
Business
Trump picks former Fed official as next central bank chief
1 February 2026, 00:41 AM
Global Economy
WTO faults US in dispute brought by China over clean energy subsidies
1 February 2026, 00:59 AM
Global Economy
Oil hovers near 6-month high
1 February 2026, 00:56 AM
Global Economy
China factory activity loses steam in January
1 February 2026, 00:31 AM
Global Economy
Venezuela opens up oil sector: what now?
1 February 2026, 00:09 AM
Global Economy
Dollar gains
1 February 2026, 00:04 AM
Global Economy
Venezuela agrees to energy cooperation with India
1 February 2026, 00:02 AM
Global Economy
Rebranded McDonald’s restaurants open in Russia
It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the filet-of-fish is simply a fish burger. The Big Mac has left Russia.
12 June 2022, 18:00 PM
Cash-strapped Sri Lanka announces weekly fuel quotas
Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formed outside the few pumping stations still operating.
12 June 2022, 18:00 PM
India issues 6m tonnes imported coal tenders
Coal India, the world’s largest coal miner by output, has issued two tenders to import 6 million tonnes of coal for utilities in the next 12 months, it said on Friday, as the government seeks to boost fuel availability.
12 June 2022, 18:00 PM
WTO chief warns of rocky road to deals
World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky.
12 June 2022, 18:00 PM
Iran, Venezuela sign two-decade cooperation deal
Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuela’s President Nicholas Maduro.
11 June 2022, 18:00 PM
Japan closer to yen intervention
Japan’s government and central bank said on Friday they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency as it plumbs 20-year lows.
11 June 2022, 18:00 PM
US inflation skyrockets
US inflation surged to a new four-decade high in May, defying hopes that price pressures had peaked and deepening President Joe Biden’s political troubles as Americans struggle to meet the cost of essentials like food and gas.
11 June 2022, 18:00 PM
Biden chides oil firms for fattening profits
US President Joe Biden on Friday accused the US oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record.
11 June 2022, 18:00 PM
Russia's 15 years of economic gains might be gone
Russia's economy will shrink 15 percent this year and three percent in 2023 as the hit from Western sanctions, an exodus of companies, a Russian "brain-drain" and collapse in exports wipe out 15 years of economic gains, a global banking industry lobby group said.
9 June 2022, 03:46 AM
German industrial output bounces back
German factory output increased modestly in April, figures published Wednesday showed, as industry in Europe’s largest economy reckoned with the impact of the war in Ukraine.
8 June 2022, 18:00 PM
Oil prices advance
Oil prices rose on Wednesday, despite a likely rise in US oil stocks, on the easing of Chinese Covid-19 related lockdowns and a possible strike by Norwegian oil workers.
8 June 2022, 18:00 PM
Indonesians pay price of cooking oil crisis
About three weeks after Russian troops invaded Ukraine, Indonesian housewife Liesye Setiana was forced to close her banana chip business as cooking oil supplies dried up across the country.
8 June 2022, 18:00 PM
South African economy grows to pre-Covid levels
South Africa’s gross domestic product grew by 1.9 per cent in the first quarter, returning the continent’s most industrialised economy to pre-pandemic levels, official data showed Tuesday.
8 June 2022, 18:00 PM
US launches plan to bring back foreign tourists
In an effort to win back billions of dollars in tourism revenue lost during the Covid-19 pandemic, the US government on Monday launched a plan to attract 90 million international travelers a year.
7 June 2022, 18:00 PM
World Bank slashes global growth forecast
The World Bank on Tuesday slashed its global growth forecast by 1.2 percentage points to 2.9 per cent for 2022, warning that Russia’s invasion of Ukraine has compounded the damage from the Covid-19 pandemic, with many countries likely to face recession.
7 June 2022, 18:00 PM
Japan to open to tourists after two years
Foreign tourists visiting Japan will be required to wear masks, take out private medical insurance and be chaperoned throughout their stay, the government said on Tuesday, as it plans a gradual opening from two years of Covid-19 restrictions.
7 June 2022, 18:00 PM
Russia calls for coordinated BRICS action
Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to coordinate measures to stabilise the economic situation, Russian Finance Minister Anton Siluanov said on Monday.
7 June 2022, 18:00 PM
Rouble steadies near 61 vs dollar
The Russian rouble steadied against the dollar on Tuesday as market players gauged the impact of the latest round of Western sanctions against Moscow and investor focus turned to an expected central bank rate cut later in the week.
7 June 2022, 18:00 PM
Accusation of material breach: Musk threatens to tear up $44b Twitter deal
Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks.
7 June 2022, 18:00 PM
German industrial orders fall again
German industrial orders fell for the third month in a row in April, official data published Tuesday showed, as Russia’s war in Ukraine dampened the outlook for Europe’s largest economy.
7 June 2022, 18:00 PM