US oil and gas rigs decline for first time in six weeks, says Baker Hughes
The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in…
SovEcon raises Russia’s 2025 wheat harvest forecast amid record Siberian yields
SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from…
US digest: markets slide after fresh Trump tariff threat, consumer sentiment slide
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on…
Trump announces extra 100% tariffs on China, control ‘critical software’ exports
US President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software,…
Israel’s economic outlook as Gaza ceasefire plan takes shape
Israel has always been of interest to investors. The country has been a tech startup factory for decades. The country’s economy has proven resilient after two years of wartime spending.…
Morning brief: US-Japan deal continues; HashKey eyes IPO; Senate passes chip curbs
A day of significant global developments is underway, as the United States and Japan pledge to move forward on a landmark trade deal, the US Senate takes a major step…
Trump on the Nobel: Obama got it for ‘absolutely nothing’; I stopped 8 wars
With the world’s attention turning to Oslo for the announcement of the 2025 Nobel Peace Prize, US President Donald Trump has launched a stunning and preemptive rhetorical strike, not against…
Europe markets open: Stoxx 600 flat as Mideast peace news hits defense firms
A fragile and tentative hope for peace in the Middle East is sending a powerful and paradoxical chill through the European markets, with defense stocks tumbling at the open on…
China’s TechInsights ban deepens chip secrecy, raising transparency fears
China’s decision to blacklist Canadian semiconductor research firm TechInsights has stirred fresh concerns about the opacity of its technology ecosystem. The move, which restricts Chinese entities from sharing information with…
What job cuts at India’s TCS means for the country’s $280B IT industry
Tata Consultancy Services (TCS), India’s largest private-sector employer, has made its deepest job cuts ever as the country’s $280 billion IT services industry braces for disruption from artificial intelligence and…