Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
Iran War
Saudi restarts East-West Pipeline, to resume exports from the Yanbu port
Drone attacks by the militants forced the Kingdom to shut its East-West...
Bank of England keeps interest rates unchanged, warns of rising inflation
The BoE not only refrained from increasing rates like its global peers...
Inflation, energy shock unsettle investors as equity fund outflows hit nine-month high
As per the LSEG Lipper data, investors withdrew a net USD 23.21...
Iran war and jet fuel shock: American carriers chop down flight schedules
American Airlines, United Airlines and Southwest Airlines will be leaning on tighter...
Rare silver lining for Etihad as passenger numbers rebound amid Iran War
The carrier's available seat kilometres, the industry's standard measure of passenger-carrying capacity,...
Hammered by Iranian attacks, QatarEnergy looks at US for LNG supplies
The venture is in talks with American LNG producers, including Venture Global,...
Kenya to get USD 400 million World Bank assistance to fight Ebola, El Nino
Kenya applied for the World Bank's emergency financing facility, known as a...
Iran war derails South African economy as GDP shrinks in second quarter
The GDP contracted 0.2%, mainly driven by output falls in the mining...
OPEC+ keeps oil output policy unchanged as Iran war disrupts production activities
The meeting of seven core OPEC+ members comes as the Iran war...