World Business
Euro Area Business Activity Shrinks First Time Since Late 2024
Euro area business activity contracted for the first time since late 2024, driven by a weak services sector and suppressed demand linked...
#Energy Prices 40 articles
Economy
Inflation’s Latest Climb: How 3.3% Impacts Your Wallet
New inflation figures show a rise to 3.3%, driven by fuel costs. Understand the implications for household budgets, food prices, and interest...
Economy
Gold Plunges 1.9% as Hormuz Incidents Reignite Inflation Fears
Gold dropped sharply after vessels came under fire in the Strait of Hormuz, renewing energy supply fears and stoking inflation concerns amid...
Finance
Iran War Threatens Global Stagflation, EBRD Economist Warns
The Iran war's ongoing hostilities are raising concerns of global stagflation, according to EBRD chief economist Beata Javorcik. She warns that sustained...
Economy
China’s Economy Grows 5%, Outperforming Forecasts Despite Iran War
China's economy expanded faster than expected in the first quarter, posting 5% GDP growth despite the global impact of the US-Israel war...
Finance
Major Banks Post Strong Profits, Warn of Energy Price Risks
The nation's biggest banks reported robust first-quarter profits, fueled by a resilient economy and a surge in investment banking activity. However, executives...
Economy
Wholesale Prices Stable in March, Defying Expectations Despite Energy Spike
The Producer Price Index (PPI) rose a modest 0.5% in March, matching February's increase and falling significantly below analyst forecasts, even as...
Stocks
US Nat-Gas Prices Hit 7.5-Month Low as Mild Weather Curbs Demand
May Nymex natural gas futures plunged to a 7.5-month low Friday, driven by forecasts for mild US spring weather reducing heating demand....
Investing
Physical Oil Barrels Command Record Premiums in Global Scramble
Despite optimism over a fragile Iranian ceasefire, the physical oil market is gripped by a panicked race for immediate supplies, driving premiums...