Economy

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. Brent crude oil prices fell below $60 at the beginning of…

Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by traders, according to tanker tracking firms, company documents, and…

President Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug prices in the United States by linking them to prices paid…

Tensions between India and Pakistan continued to escalate for a third day after India’s retaliatory military operation, dubbed Operation Sindoor, following a terror attack in Pahalgam that killed 26 civilians.Late…

To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed…

CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further…

India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to under 4%—in a major step toward securing exemptions…

Canadian unemployment rose to 6.9% in April, the highest level since November, as US tariffs on major exports started hitting the country’s important manufacturing and trade-dependent parts of the economy, Statistics…

Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that came in below Wall Street expectations, signalling a slowdown in US…