Economy

In an unprecedented turn of events, Germany’s conservative leader Friedrich Merz failed to secure the parliamentary majority required to become chancellor, just months after his bloc won the federal elections.…

Saudi Arabia, the kingpin of the Organization of the Petroleum Exporting Countries and allies, seems prepared to test the oil market as well as cartel members with strong commitment to…

Warren Buffett, whose name has become a synonym for the successful investor, has finally called it quits. After running Berkshire Hathaway for six decades, Buffett announced on May 3 that he…

Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion worth of shares in the e-commerce giant over the next 12…

Eight member nations of the OPEC+ alliance are likely to meet on Saturday to deliberate on a potential further acceleration of oil production increases for the month of June, Reuters…

The prospect of higher supply from the Organization of the Petroleum Exporting Countries and allies in the coming months will likely spell doom for oil prices. The price of oil has…

Trade tensions between the United States and China are throwing a spanner in billions of dollars worth of acquisitions and initial public offerings, dealing a fresh blow to a dealmaking…

The US Dollar Index (DXY) bounced back and retested the crucial resistance level at $100 after a series of economic data and hopes of a trade deal between the United…

US stocks advanced at open on Thursday following strong earnings from major technology firms, which helped ease concerns that economic headwinds could derail momentum.The S&P 500 rose nearly 1%, the…