Business

Trump Claims Military Progress as Oil Prices Drop Below $100

Donald Trump told the world on Tuesday that the conflict in the Middle East is "very complete," leading to an immediate and sharp drop in global oil prices. Brent...

Oil Alarm: Iranian Strikes on Gulf Water Supplies Signal Dangerous Escalation

The targeting of Bahrain's desalination plant by Iranian forces marked a chilling escalation in the Middle East conflict...

Developing Nations Hardest Hit as Oil Tops $90 and Dollar Strengthens

The world's developing nations are facing a double blow from the Iran conflict: surging oil prices that are...

Petrol Stations Brace for Price Surge as Oil Heads Toward Triple Digits

Petrol station operators across the United Kingdom and other energy-importing nations were bracing for significant price increases on...

Trump Raises Tariffs as Macron Celebrates Rule of Law and Merz Warns of Economic Poison

Two of Europe's most powerful leaders offered contrasting but equally pointed responses Saturday as President Trump announced a...

Trump Eases Auto Tariffs to Spur U.S. Manufacturing and Job Growth

President Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid...

India Ramps Up Russian ESPO Oil Imports as Chinese Demand Wanes

 India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian...

Markets Slide as Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts

U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major...

Boomerang Economics: How U.S. Tariffs Are Hurting Allies Like Australia—and Itself

SYDNEY, April 13 (Xinhua) – U.S. tariff policies, much like the traditional Australian boomerang, are swinging back with unintended force—striking not just global trading...

Trump’s Tariffs Sour Italian Wine Industry as Vinitaly 2025 Opens Under a Cloud of Uncertainty

What should have been a jubilant celebration of Italy’s finest wines turned somber as the 57th edition of Vinitaly, the country’s premier international wine...

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...