Europe’s Gas Prices Hit Wartime High as Winter Risks Grow
Europe’s gas prices climbed to their highest level since the Iran war began, as colder weather forecasts met unusually...
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IMF Raises Growth Forecast but Warns Economic Resilience Is Fading
The International Monetary Fund raised its forecast for global growth to 3.1% this year, as AI investment helps offset...
China Sanctions Ministers From Two of Taiwan’s Allies
China imposed sanctions on ministers from Paraguay and Belize on October 12, increasing pressure on countries that maintain diplomatic...
Africa’s New Rating Agency Wins Backing as Borrowing Costs Bite
Africa’s new credit-rating agency has received backing from Afreximbank, supporting efforts to improve how investors assess the continent’s borrowers....
Volkswagen Calls for European Unity as Chinese Carmakers Expand
Volkswagen chief Oliver Blume is urging France and Germany to work together to strengthen Europe’s car industry as Chinese...
Oil Prices Rise as Trump’s Energy Ceasefire Fails to Take Hold
Oil prices climbed on Monday, October 12, as Donald Trump’s announcement of an energy ceasefire between Russia and Ukraine...
What’s in the Diesel Deal Between Putin and Trump?
Donald Trump’s diesel deal with Vladimir Putin offers sanctions relief to bring more Russian fuel onto global markets, but...
How Russia Turned Sanctions Into a Diesel Deal
Only weeks after strengthening his powers to penalise buyers of Russian energy, Donald Trump opened the door to Russian...
Stocks Rise as SpaceX Deal Shakes Up Telecom Shares
US stocks ended Friday, October 9, higher as investors looked ahead to earnings season, while SpaceX’s wireless ambitions sent...
Trump Announces Russian Diesel Deal to Lower Fuel Prices
President Donald Trump said on Friday, October 9, that Russia would supply additional diesel to US and global markets,...