lockdown

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago

China’s trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and…

3 years ago

Scandal-ridden Boris Johnson to quit as UK prime minister

Boris Johnson will announce his resignation as British prime minister on Thursday after he was abandoned by ministers and his…

3 years ago

EXCLUSIVE China in talks with automakers on EV subsidy extension -sources

China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in…

4 years ago

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of…

4 years ago

In a time of rising inflation, tourism could be Turkey’s rescue

Turkey's annual inflation rate has reached a 20-year high of 48.7%, according to government figures released last week. Turkey's social…

4 years ago

European shares in the red after hawkish Fed comments

European stocks dropped in early trading on Friday after more Fed policymakers signalled they will start to raise U.S. interest…

4 years ago

German industry expects economy to grow by 3.5% in 2022

Germany's BDI industry association said on Thursday it expected Europe's largest economy to grow 3.5% this year, giving a more…

4 years ago

Asia stocks, oil prices suffer as Omicron spreads

Asian share markets fell and oil prices slid on Monday as surging Omicron cases triggered tighter restrictions in Europe and…

4 years ago

Australia Q3 business investment slips, outlook surprisingly resilient

Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly…

4 years ago