Economy
European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone......
Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker......
The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the......
African policymakers, researchers and mining experts are intensifying calls for local transformation of critical raw materials as global competition for strategic minerals accelerates. During a conference held in Rabat by the Policy Center for the New South and the Geology and Sustainable Mining Institute,......
Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......
Canada has announced a new investment in a major economic development project in the Philippines, joining efforts led by the United States and Japan to strengthen regional supply chains and infrastructure. Canadian Minister of International Trade Maninder Sidhu said that Canada will invest around 2......
Morocco and the United States held the ninth session of their Free Trade Agreement Joint Committee in Rabat as both countries moved to strengthen commercial ties and address growing concerns over trade imbalances. The meeting brought together Moroccan Industry and Commerce Minister Ryad Mezzour and officials......
Turkey is preparing to receive its first ever emergency crude shipment from the United States Strategic Petroleum Reserve as Washington expands energy exports to allies facing supply disruptions linked to the effective closure of the Strait of Hormuz. Tanker tracking data showed that American reserve......
The administration of Donald Trump announced new sanctions targeting individuals and companies accused of helping facilitate Iranian oil exports to China, intensifying economic pressure on Tehran amid ongoing geopolitical tensions in the Middle East. According to the United States Department of the......
The Indian rupee and government bond markets are expected to remain highly sensitive to upcoming inflation data as global investors continue to monitor geopolitical tensions linked to the ongoing conflict involving the United States and Iran. The currency and debt markets in India have been influenced......
European stock markets showed limited movement on Monday as investors closely monitored ongoing tensions between the United States and Iran, which continue to affect global energy markets and financial sentiment. The pan-European STOXX 600 index remained broadly stable, while major regional markets......
Trade delegations from China and the United States are set to meet in South Korea next week for high-level economic discussions, according to Chinese state media. The talks will take place on Tuesday and Wednesday and will focus on mutual trade issues between the two largest economies in the world,......
Uber has agreed to acquire Voi Technology, a Stockholm-based Swedish company operating shared electric scooters and bicycles, for 1.2 billion dollars in the largest investment the ride-hailing giant has made in European micromobility to date. The deal would integrate Voi's fleet of more than 100,000......
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