US President Donald Trump has suspended plans to impose new 50 per cent tariffs on selected Canadian goods after Washington and Ottawa indicated they were close to reaching a broader
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Global financial markets steadied on Tuesday as oil prices recovered from sharp losses, while major stock markets advanced on renewed investor optimism despite mixed signals over possible peace talks between
Italian energy giant ENI has reported a sharp increase in second-quarter earnings, posting a fivefold rise in profit as higher global oil prices and stronger production lifted its financial performance.
The United States has announced a fresh round of tariffs on imports from 60 major trading partners, marking the latest escalation in President Donald Trump’s renewed global trade strategy. The
Global stock markets pushed higher on Friday while oil prices slipped sharply as investors grew increasingly optimistic about a possible agreement between the United States and Iran to extend their
A rare crack appeared in the Trump administration’s economic messaging on Wednesday after US Vice President JD Vance openly admitted that inflation in the United States is worsening amid growing
Chinese technology giant Alibaba has reported a sharp decline in annual profit, as weak consumer spending in China and rising investments in artificial intelligence continue to weigh heavily on the
Crowded malls, stocked shelves, and glowing storefronts suggest a recovering economy in Caracas — but step closer, and a harsher truth emerges: people are browsing, not buying, as Venezuela’s economic
The International Monetary Fund (IMF) has warned that global economic growth forecasts will be downgraded due to the ongoing Middle East conflict, citing widespread “scarring effects” on markets, supply chains,
A surge in oil prices driven by the Middle East conflict is set to deliver a major earnings boost for energy giant Shell plc, even as the crisis disrupts its