Can OPEC+ maintain stability without losing market share?
OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near ...
HIG Capital’s Patriot Pickle expands operations with new Texas facility, triples production capacity
Patriot Pickle, a leading manufacturer of fresh pickles and fermented foods, has expanded its operations with the opening of a new state-of-the-art production facility in Garland, Texas. The expansion comes ...
European stocks, euro rise on German election stability; Nvidia in focus
European shares and the euro climbed on Monday as Germany’s election produced a mainstream outcome, while Wall Street futures firmed on hopes results from AI diva Nvidia this week ...
EU to pare back sustainability rules for companies, draft shows
The European Commission plans to cut back the number of companies facing EU sustainability reporting requirements, as part of its drive to cut red tape for businesses, a draft document ...
ECB’s Villeroy reaffirms deposit rates could be at 2 per cent by this summer
The European Central Bank could cut its deposit rate down to 2 per cent by this summer, said Bank of France head and ECB policymaker Francois Villeroy de Galhau in an ...
Is the world economy headed for stagflation?
Policymakers around the world may not like the word ‘stagflation,’ but they’re going to hear a lot more it this year if the import tariffs US President Donald Trump ...
Euro periphery beckons as transatlantic funds shift
If a policy-driven turnaround in Europe’s biggest economy tempts the continent’s equity investors home, they may want to look to the bloc’s faster-growing and cheaper fringes.
Global ...
US business activity stalling, consumers’ inflation expectations surge
US business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of ...
UK firms cut staff before Reeves’ tax hike, PMI survey shows
British businesses are cutting staff at the fastest pace in more than four years ahead of a tax increase ordered by finance minister Rachel Reeves which has already prompted suppliers ...
Bank of Israel expected to hold rates again after inflation spike
The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts believe a rate cut is ...
Britons cheer up a bit, helped by Bank of England rate cut, survey shows
British consumers turned a little less pessimistic this month as the Bank of England’s latest interest rate cut led to an improvement in expectations for their household finances, according ...
EU seeks more US gas, renewable energy to replace Russian supplies
The European Union will seek more gas from countries including the US to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the ...
Digital Prosperity Awards honour global innovation in tech
The Digital Cooperation Organisation (DCO) has announced the winners of the prestigious Digital Prosperity Awards at its 4th General Assembly, held in Jordan’s Dead Sea region.
The awards, aimed ...
British home asking prices cool as tax deadline looms
A run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday.
Property ...
UK firms brace for hit from tax hikes, surveys show
Many British employers intend to raise prices and cut headcount because of the government’s tax increases on business, with confidence among small businesses falling to a five-year low, surveys ...
HSBC shareholders support restructuring, aiming for higher returns
Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom ...
Germany’s economic struggles fuel debate on debt and growth
Lars Baumguertel wants Germany’s politicians to get out their cheque books.
The 58-year-old executive runs one of the last surviving manufacturers in Gelsenkirchen, a former coal town in the ...
AI-generated content raises risks of more bank runs, UK study shows
Fake news generated by artificial intelligence and spread on social media is heightening the risks of bank runs, according to a new British study that says lenders must improve monitoring ...
Global equity funds draw inflows on European rally
Global equity funds attracted significant inflows in the week ending February 12, after a Bank of England rate cut drove a rally in European shares, although caution over U.S. President ...
US tariff uncertainty sends copper market spinning
US President Donald Trump hasn’t yet imposed import tariffs on copper but the market is already pricing in the likelihood that the red metal will be next on the ...
Asia adjusts to new sanctions on Russia, turns to alternative oil suppliers
Asia’s crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they can and moving to alternatives for deliveries in coming months.
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Global electric vehicle sales up 18 per cent in January
Global electric and plug-in hybrid vehicle sales in January rose 18 per cent year on year, as growth in Europe and the United States outpaced China for the first time since ...
Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published this week that London will hope bolsters ...
Four ways DeepSeek could change everything
While the seismic market moves caused by DeepSeek were short-lived, the release of the Chinese startup’s high-performing and inexpensive large language model is likely to have long-term implications for ...