AI challenges fuel trading’s old guard
REUTERS
8 HOUR(s) • Global Economy
US to finalize sharply lower vehicle fuel economy standards
Reuters, Washington
27 September 2026 • Business
US, China buy time with trade truce as pressure builds
AFP, Washington
27 September 2026 • Global Economy
EU warns of energy price crisis
REUTERS, Brussels
27 September 2026 • Global Economy
Dhaka Chamber seeks Malaysian support to boost exports, investment
Star Business Report
26 September 2026 • Business
H&M operating profit improves but sales still sluggish
REUTERS, Stockholm
25 September 2026 • Global Economy

China’s consumers regain some lost lustre

Amid slowing growth and a property downturn, domestic demand has remained anaemic for much of the year: retail sales rose only 2.1 percent in August, missing analyst forecasts of 2.5 percent
7 October 2024

Sri Lanka's leftist government secures $200m World Bank loan

The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash
7 October 2024

UK pay growth weakest since February 2021, REC survey show

The Recruitment and Employment Confederation and KPMG said on Monday their measure of growth in starting pay for people hired to permanent roles hit its lowest since February 2021
7 October 2024

Oil prices dip after strongest weekly rise in over a year

Brent crude futures fell 31 cents, or 0.4 percent, to $77.74 per barrel by 0435 GMT. US West Texas Intermediate crude futures slipped 20 cents, or 0.27 percent, to $74.18 per barrel
7 October 2024

Samsung's profit recovery seen weakening in Q3

Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30
7 October 2024

German govt expects another recession in 2024: media

The economy ministry sees the German economy contracting by 0.2 percent this year, a dramatic downgrade from its prior estimate of 0.3-percent growth, according to the Sueddeutsche newspaper
7 October 2024

Gold price slips

Gold prices slipped on Friday after a stronger-than-expected US jobs report poured cold water on expectations for an aggressive rate cut from the Federal Reserve next month, boosting the dollar.
6 October 2024

Dollar jumps to seven-week high

The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September led traders to cut bets that the Federal Reserve will make further 50-basis-point rate cuts.
6 October 2024

EV tariffs are only the first step in EU-China trade war

The European Union has got its electric vehicle tariffs through. On Friday, member states voted for levies on battery cars imported from the Middle Kingdom.
6 October 2024

Tariff commission suggests halving sugar import duty

The commission recommended NBR cut sugar import duty to 15% from existing 30%
6 October 2024

US grants for a feasibility study on temperature-controlled logistics

Bonton Foods has selected Minnesota-based Land O’Lakes Venture37 to conduct the study
6 October 2024

EV tariffs are only the first step in EU-China war

After Friday’s narrow vote, the European Commission is still talking with China to see if an alternative to tariffs is possible to address what it sees as the Middle Kingdom’s “injurious” support of its auto sector
6 October 2024

Vietnam economy grows 7.4% in third quarter

The growth rate was the result of "adapting effectively to the fluctuations of the global economy and addressing the severe consequences of natural disasters", the General Statistics Office (GSO) said in a statement
6 October 2024

Foxconn beats estimates with record third-quarter revenue on AI demand

Revenue for Apple's biggest iPhone assembler jumped 20.2 percent year on year to T$1.85 trillion ($57.3 billion)
6 October 2024

China home sales rise after stimulus measures, state media says

More than 50 cities introduced policies to boost the real estate market, while nearly 2,000 developments from more than 1,000 property companies participated in promotions
6 October 2024

Sri Lanka approves controversial foreign debt deal

Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
5 October 2024

Oil settles up, biggest weekly gains in over a year on Middle East risk

Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as US President Joe Biden discouraged Israel from targeting Iranian oil facilities.
5 October 2024

As EU targets Chinese cars, European rivals sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.
5 October 2024

Global food prices rise at fastest rate since 2022

The FAO Food Price Index reached 124.4 points in September, a three-percent increase from August.
5 October 2024

EU states greenlight extra tariffs on EVs from China

Ten member states including France, Italy and Poland supported imposing the tariffs of up to 35.3 percent, coming on top of existing duties of 10 percent
5 October 2024