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Brent crude rises above $100 a barrel as Middle East conflict intensifies
Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24…
EU governments clear US trade deal legislation
European Union governments cleared legislation on Wednesday to remove import duties on many U.S. goods, an EU source with knowledge of their…
How countries have responded to rising oil prices
The war in Iran and the effective closure of the Strait of Hormuz - through which around 20% of the world's oil…
IMF says damage to world economy is already done
The International Monetary Fund cut its growth outlook due to Middle East war-driven energy price spikes but said the world was already…
Global economy to slow down but likely avoid recession in 2024
Nov 16 (Reuters) - Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed…
The only way is up: corporate chiefs warn on prices
For central bankers wrestling with the question of whether inflationary pressures are transitory, industry chiefs around the world have a clear message:…