In terms of predictions for this year’s global oil demand outlook, the International Energy Agency (IEA) widened the difference with oil producer organisation OPEC on Wednesday by lowering its projection for oil demand growth in 2024. The split between OPEC… Read More ›
With poor sales from fast food chains like McDonald’s and Starbucks this week, multinational fast food titans may need to provide more aggressive discounts to entice inflation-affected consumers who are choosing to eat at home more and more. The United… Read More ›
The competition authority in India is investigating claims that Pernod Ricard of France conspired with New Delhi shops to increase market share. This is the latest setback for the world’s largest spirits company in a crucial country, as revealed by… Read More ›
Foreign investment in Britain’s financial and professional services will be cut in half to one billion pounds ($1.25 billion) by 2023, according to the City of London, despite the fact that the UK remains a top worldwide destination. The industry… Read More ›
Venezuela’s usage of digital currencies, which is anticipated to expand after the US imposed a suspension of oil trade with the sanctioned country by May 31, would need increased oversight by regulators and law enforcement, experts warned on Monday. Venezuela’s… Read More ›
A group of Western insurers has stated that a Russian oil price ceiling has become unenforceable, forcing more ships to join a shadow fleet, in one of the toughest rebukes to the move intended to reduce income to the Kremlin…. Read More ›
Executives at the companies that produce these goods claim that despite customer concerns over the nation’s failing economy and real estate crisis, Chinese consumers are spending somewhat more on diapers and select Colgate toothpastes. Consumer packaged goods firms have seen… Read More ›
The world’s first global AI Safety Summit was held in Britain’s Bletchley Park last year, bringing together a who’s who of world leaders, business executives, and academic specialists in the hopes of reaching an agreement on the regulation of a… Read More ›
In a major move away from fossil fuels, the energy ministers of the affluent Group of Seven (G7) countries agreed to close their coal-fired power facilities by 2035 at the latest. According to a video uploaded on X, Britain’s minister… Read More ›
Official statistics released on Saturday revealed that China’s industrial earnings decreased in March and slowed advances for the quarter compared to the first two months, casting doubt on the strength of a rebound for the second-biggest economy in the world…. Read More ›
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