Markets & Industries

Lagarde sees moderate ECB rate hikes as justified

According to ECB President Christine Lagarde, inflation in the eurozone has not yet caused harmful secondary effects, so a moderate tightening of monetary policy by the European Central Bank is…
Published on September 29, 2026
By Iris Barker

FT: Europeans are paying €203 million extra per day for diesel

Increasing diesel costs are burdening European motorists with €203 million daily, according to the Financial Times.
Published on September 25, 2026
By Iris Barker

Bloomberg: Indian refiners may cut Russian oil purchases

Indian oil refineries might cut back on their imports of Russian oil after Donald Trump approved legislation on September 18 that enforces the Graham Bill sanctions on Russia, according to…
Published on September 22, 2026
By Iris Barker

Saudi Aramco says it’s unable to supply oil to European refineries in October

Bloomberg reported on Friday, referencing sources, that Saudi Aramco will not provide crude oil to European refineries in October.
Published on September 21, 2026
By Iris Barker

10-Year US Treasury yields hit highest level since 2007

The return on US 10-year Treasury bonds has hit a peak not observed in almost 20 years, according to CNBC. On Tuesday, September 15, the yield increased by 5 basis…
Published on September 16, 2026
By Iris Barker

WSJ: US oil companies announce onset of global fuel crisis

The worldwide fuel crisis predicted by the biggest oil companies has already occurred. Officials from US companies Chevron and ExxonMobil indicate that an extended blockade of the Strait of Hormuz…
Published on September 16, 2026
By Iris Barker

BofA strategists warn of volatility risk amid US market capital outflows

According to Bloomberg, a Bank of America report referencing EPFR Global data indicates that investors have withdrawn $14.2 billion from US equity funds in the last three weeks, marking the…
Published on September 14, 2026
By Iris Barker

IEA forecasts sharpest drop in oil demand since COVID-19 pandemic

The International Energy Agency (IEA) predicts the steepest drop in oil demand since the COVID-19 pandemic, spurred by the intensifying conflict in the Middle East, according to the Financial Times.
Published on September 14, 2026
By Iris Barker

Global smartphone prices rise by 15% since the beginning of the year

According to a study by Counterpoint, global smartphone prices have increased by an average of around 15% since the start of the year due to higher memory chip costs.
Published on September 8, 2026
By Iris Barker

UN warns that global wheat production may decline in 2026

Global wheat output in 2026 is projected to decrease by 3.8% relative to 2025, reaching 810.7 million tonnes, as reported by the FAO (Food and Agriculture Organization of the United…
Published on September 8, 2026
By Iris Barker

Smartphone and laptops rise in prices due to RAMageddon

The Financial Times reports that smartphones, laptops, and gaming consoles have increased in cost due to "RAMageddon" (Random Access Memory, or RAM) or "RAMpocalypse," the lack of dynamic random access…
Published on September 7, 2026
By Iris Barker

FT: Major US banks demand law firms lower fees due to AI

Top financial institutions in the US are urging prominent law firms to reduce their charges. According to the Financial Times, citing banking industry sources, banks are convinced that the business…
Published on September 2, 2026
By Iris Barker

Profits of the largest companies grows by $160 billion due to investments in AI firms

According to the Financial Times, utilizing data from issuer financial statements, the largest tech companies generated more than $160 billion in the second quarter of 2026 from investments in firms…
Published on September 1, 2026
By Iris Barker

Von der Leyen proposes using European savings to develop EU economy

European Commission President Ursula von der Leyen suggested utilizing European savings to boost the EU economy. She stated that Europe possesses savings that are "sitting unused."
Published on August 31, 2026
By Iris Barker

Revolut launches Euro-pegged stablecoin

British fintech company Revolut has introduced the euro-pegged stablecoin EURR, according to a statement from the company cited by Bloomberg.
Published on August 27, 2026
By Iris Barker

US banks increase net profit 28.7% year-over-year in Q2

According to a report by the Federal Deposit Insurance Corporation (FDIC), the total net profit for US banks in the second quarter of 2026 rose 28.7% compared to the previous…
Published on August 26, 2026
By Iris Barker

London’s review of zero-emission vehicle requirements will support palladium demand

A report from Heraeus, a precious metals technology group, suggests that the UK's evaluation of zero-emission vehicle (ZEV) standards might enhance palladium demand by allowing manufacturers more leeway in the…
Published on August 25, 2026
By Iris Barker

IGC lowers 2026/27 global grain crop forecast due to heat waves in Europe

Owing to prolonged high temperatures in Europe, the International Grains Council (IGC) has revised its estimate for the worldwide wheat yield in the 2026/27 crop year down by 4 million…
Published on August 21, 2026
By Iris Barker

EU company bankruptcies grow by 5.7% in Q2

The EU Statistics Office reported that the number of bankrupt firms in the European Union rose by 5.7% in the second quarter of 2026 compared to the prior three months.
Published on August 18, 2026
By Iris Barker

IEA forecasts decline in global oil refining capacity by 2.5 million bpd in 2026

The International Energy Agency (IEA) forecasts a drop in global oil refining capacity of 2.5 million barrels per day (bpd) by 2026. By 2027, the agency anticipates a recovery of…
Published on August 13, 2026
By Iris Barker

Norway’s sovereign wealth fund reports record profits and discloses stake in SpaceX

Norway's Government Pension Fund, the biggest sovereign wealth fund globally with $2.3 trillion in assets, achieved record earnings in the first half of the year, according to CNBC, which references…
Published on August 13, 2026
By Iris Barker

The US to pay Germany’s RWE $1.2 billion for abandoning its wind farm projects

German energy firm RWE declared it will withdraw from its offshore wind farm initiatives in the US, securing $1.2 billion in reimbursement from the Department of the Interior. The company…
Published on August 10, 2026
By Iris Barker

Reuters: Hackers attack dozens of largest US financial companies

Ransomware attackers, utilizing phone calls to infiltrate systems, have targeted numerous US financial firms in the last month, as reported by Reuters, referencing Google and data acquired by the agency…
Published on August 7, 2026
By Iris Barker

Saudi Aramco expects increased oil demand in the coming years

According to Saudi Aramco CEO Amin Nasser during a conference call with analysts, the necessity to refill strategic oil reserves will stimulate demand increase in the upcoming 18 months.
Published on August 5, 2026
By Iris Barker

Eurozone GDP grows by 0.4% in Q2, better than expected

According to a report from the European Statistical Office, which released initial data, the eurozone economy grew by 0.4% in the second quarter compared to the prior three months.
Published on July 31, 2026
By Iris Barker

Japanese construction shares rise after powerful Kyushu earthquake

Japanese construction shares surged significantly following a strong earthquake that hit the island of Kyushu, according to Bloomberg, referencing market statistics.
Published on July 30, 2026
By Iris Barker

Experts believe quarter-reduction in EU gas demand by 2030 is realistic

Solar, wind, and heat pump energy might decrease EU gas use by 25% and help alleviate the forthcoming energy crisis, as stated by the Institute for Energy Economics and Financial…
Published on July 29, 2026
By Iris Barker

Data centers will consume 20% of US electricity in 2035

According to BloombergNEF, data centers in the United States are projected to represent around 20% of the nation's overall electricity use in 2035.
Published on July 27, 2026
By Iris Barker

EU will review its rules for foreign acquisitions of airlines

The European Union is updating its airline ownership regulations to stop foreign investors from taking control of airlines, Reuters stated, referencing an unnamed official from Europe.
Published on July 24, 2026
By Iris Barker

Goldman Sachs expects Brent oil prices to reach $120 per barrel due to US-Iran war

Goldman Sachs analysts suggest that if disruptions in the Strait of Hormuz continue, Brent crude oil prices might surpass $120 per barrel by the fourth quarter of 2026.
Published on July 22, 2026
By Iris Barker

Bookmakers earn record money from the World Cup

The magnitude of wagering on the 2026 World Cup is unparalleled. Macquarie estimates that more than $50 billion has been bet on the tournament globally, making it the biggest betting…
Published on July 20, 2026
By Iris Barker

Energy infrastructure IPOs hits record in the first half 2026 amid AI boom

This year, energy infrastructure firms are raising capital through IPOs, leveraging investor enthusiasm for assets viewed as attractive due to the surge in energy-heavy data centers for AI advancement, as…
Published on July 20, 2026
By Iris Barker

Airbus forecasts passenger traffic will double by 2045

By 2045, global air traffic is predicted to exceed double its current volume, reaching around 10 billion travelers each year, as per estimates from Airbus, a European aerospace company.
Published on July 17, 2026
By Iris Barker

China’s largest airlines lose $1.3 billion due to rising jet fuel prices

China's top three state-owned airlines—China Southern Airlines, Air China, and China Eastern Airlines—informed regulators of anticipated losses for the first half of the year, ranging from 7.37 billion to 8.97…
Published on July 16, 2026
By Iris Barker

Qatar to halt LNG production ramp-up following attack on tanker in Strait of Hormuz

Qatar is pausing the increase in production at Ras Laffan, the largest LNG facility globally, according to Bloomberg's sources.
Published on July 10, 2026
By Iris Barker

De Beers lowers diamond prices across almost its entire product range in July

De Beers has enacted one of the largest official price reductions in history, possibly signaling the conclusion of a prolonged effort to keep prices well above market rates, according to…
Published on July 9, 2026
By Iris Barker

Heat wave in Europe boosts profits for Chinese portable air conditioner makers

The heat wave in Europe has increased profits for Chinese portable air conditioner manufacturers, with heightened consumer demand noted at companies like Midea, Haier, and Gree Electric, according to Bloomberg.
Published on July 7, 2026
By Iris Barker

Japan plans to resume purchasing Iranian oil

Iran has started discussions regarding the sale of oil to Japanese firms, according to Reuters, referencing Iranian and Western sources. Since 2018, Tokyo has ceased importing oil from Iran.
Published on July 6, 2026
By Iris Barker

Germany wants to increase domestic production of American-designed weapons

German officials aim to increase the manufacturing of US-designed armaments in German facilities, according to German Defense Minister Boris Pistorius.
Published on July 2, 2026
By Iris Barker

Lufthansa may ground up to 40 aircraft due to fuel shortages

The German airline Lufthansa is set to idle as many as 40 planes because of a fuel deficiency, according to Spiegel.
Published on June 29, 2026
By Iris Barker

Iran war negatively impacts Swiss watches export

In May, Swiss watch exports rose by merely 0.4% compared to the previous year, influenced by the circumstances regarding Iran and the broader Middle East.
Published on June 22, 2026
By Iris Barker

Investors pour record $120 billion in U.S. equity funds in a week

Global investors boosted their investments in American equity funds at an unprecedented rate following the de-escalation news between the United States and Iran, coupled with the excitement surrounding SpaceX's record…
Published on June 22, 2026
By Iris Barker

The People’s Bank of China announces new financial policy measures

Pan Gongsheng, the governor of the People's Bank of China, revealed new financial policy initiatives during the two-day forum that takes place each year in Lujiazui.
Published on June 18, 2026
By Iris Barker

Goldman Sachs and Morgan Stanley lower oil price forecasts following US-Iran deal

Analysts at Goldman Sachs have reduced their average Brent crude price estimate for 2026 from $90 to $85 per barrel after the announcement of a memorandum regarding the preliminary resolution…
Published on June 17, 2026
By Iris Barker

G20 GDP grows by 0.7% in Q1

According to initial data from the Organization for Economic Cooperation and Development (OECD), the economies of G20 nations increased by 0.7% in the first quarter of 2026 in comparison to…
Published on June 16, 2026
By Iris Barker

Shell and Venezuela sign five agreements for natural gas development

Venezuela has finalized five deals with the British oil and gas firm Shell for natural gas enhancement and oil extraction, according to Reuters.
Published on June 15, 2026
By Iris Barker

US solar power plants surpass coal power plants in electricity generation for the first time in May

In May, solar power plants (SPS) produced 12.8% of the total electricity generation in the US, while coal-fired power plants contributed 12.2%, based on analysis by the think tank Ember.
Published on June 12, 2026
By Iris Barker

ECB raises interest rates for the first time in three years

The European Central Bank (ECB) announced its decision to increase interest rates by 0.25 percentage points. This marks the ECB's initial rate increase since September 2023. The base rate has…
Published on June 12, 2026
By Iris Barker

The EU is considering extending carbon costs to foreign airlines

The European Union aims to implement extra carbon fees on international airlines and allocate the revenue to support green energy, based on an EU document quoted by Bloomberg.
Published on June 11, 2026
By Iris Barker

OECD downgrades its global GDP forecast 2026

The OECD has released an updated baseline forecast indicating that the global economy is expected to grow by 2.8% in 2026, down from the 3.4% growth projected for 2025.
Published on June 5, 2026
By Iris Barker
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