Economy

The limited return of electricity to the Iberian Peninsula has revealed a more profound weakness within the area’s power infrastructure.Monday’s extensive and rapid power outage, which halted activity across much…

Brazil’s central bank has warned of a sharp drop in corporate profitability as the country’s aggressive monetary tightening begins to ripple through the broader economy.In its latest Financial Stability Report, released…

The Mediterranean Sea is nearing a critical deadline set by the International Maritime Organization (IMO) to lower bunker fuel sulfur limits. While the region was designated an Emission Control Area (ECA)…

In a significant, albeit discreet, policy adjustment, China has reportedly created a list of specific US-made products eligible for exemption from its steep 125% retaliatory tariffs. According to a report…

Global automakers are dialling back profit forecasts and suspending guidance as tariff tensions, weakening margins from electric vehicles, and mounting global competition cast a shadow over the industry’s near-term prospects.From…

Canada’s election had little to do with foreign policy initially. But when Canadians went to the polls earlier this week, it was the actions of the US President that decided the…

BP posted weaker-than-expected earnings for the first quarter on Tuesday, as lower crude prices and a recent pivot in corporate strategy weighed on performance. The British oil major reported an…

Amazon is pressing suppliers for steep discounts and renegotiating contracts to shield its bottom line from fresh US tariffs on Chinese imports, reigniting a playbook last used during Donald Trump’s…

Shares of Reliance Industries Ltd. rose 4% on Monday to touch a five-month high of ₹1,353 apiece, as investors reacted positively to the company’s March quarter results and a flurry…