Aviation fuel bill to rise by $4.4 billion as sustainable fuel supply doubles in 2025
The limited availability of the cleaner fuel is creating tension between airlines, energy suppliers and aircraft manufacturers
Google to appeal U.S. antitrust decision on online search monopoly
We still strongly believe the Court's original decision was wrong, and look forward to our eventual appeal, says Google
OPEC+ raises July oil output by 411,000 barrels per day
The decision comes as the group pushes to regain market share and address overproduction by some member countries
Moody’s upgrades Nigeria’s credit rating to B3, citing stronger external and fiscal position
Agency highlights easing inflation risks and improved foreign exchange reserves, revises outlook to stable amid cautious optimism
Saudi Arabia and Qatar to jointly fund Syria’s public sector as Gulf ties deepen
Move follows $15 million World Bank payment; Saudi minister pledges broader economic support during Damascus visit
Trump doubles down on tariffs, accuses China of breaching trade truce
Steel and aluminum duties raised to 50% as former president alleges Beijing violated rare earths agreement; U.S. officials cite “slow compliance” from China
Thai government’s $115 billion budget for 2026 clears first parliamentary hurdle
Pheu Thai-led coalition secures 322 votes in favour amid internal tensions; final approval expected by October
OPEC+ discusses July oil output hike, focus on 411,000 bpd, sources say
OPEC+ oil-producing countries met on Saturday to discuss July output with four sources telling Reuters while the meeting was under way that...
India’s economy grows 7.4% in Q1, beating forecasts despite tariff risks
Construction and manufacturing drive growth as global uncertainties and U.S. tariffs cloud outlook
OPEC+ may consider larger oil output increase for July amid rising production by members
Group leaders Saudi Arabia and Russia weigh boosting supply beyond 411,000 barrels per day as Kazakhstan refuses to cut output
Oil holds steady but heads for second weekly loss
Brent crude futures drop 0.28 percent to $63.97 a barrel, while U.S. West Texas Intermediate crude declines 0.3 percent to $60.76
Dollar posts monthly gain against yen amid tariff uncertainty
Dollar trades at 143.99 yen, rising 0.7% this month for its best performance against the Japanese currency since December
Google faces final arguments in antitrust case over Chrome, search deals
The Justice Department and a coalition of states are seeking a range of remedies to curb Google’s dominance in online search
China’s auto price war fuels dispute between BYD and GWM
Despite concerns, the price war among Chinese automakers continues with new incentives from BYD and others
Musk says cost-cutting work will continue after his departure
DOGE claims $175 billion in total savings, though less than half that amount is detailed publicly