Africa’s largest refinery explains why falling oil prices don’t immediately translate to cheaper petrol after $4.5 billion crude spend
According to data released by the refinery, it imported 40.40 million barrels of crude oil between May…
Turkey’s annual inflation dips slightly to 32.1% in June
Turkey’s annual inflation eased to 32.1% in June from 32.6% in May, though sharp increases in housing and…
Eurozone services contraction eases in June as cost pressures cool
Services PMI 49.4 vs 48.9 prelimPrior 47.7Composite PMI 50.0 vs 49.5 prelimPrior 48.5 Both the services and composite…
‘It’s a huge own goal’: How steel tax could be ‘catastrophic’ for NI firms
The Mid Ulster council area is widely considered the centre of manufacturing in Northern Ireland, with 20% of…
From concerts to theme parks: How Saudi entertainment is reshaping the non-oil economy
RIYADH: Large-scale concerts, scintillating theme parks, and a booming cinema industry are no longer novelties in Saudi Arabia,…
Ekniti says 500bn baht deficit shows need for energy shift and 5T model
Future Fund to support clean-energy infrastructure Ekniti said the energy transition would not rely only on borrowing under…
Latest jobs report shows labor force participation dropped by 720,000 workers in June
Elevenlabs AudioNative Player People wait in line for help with unemployment benefits at the One-Stop Career Center in…
Türkiye’s annual inflation eases to 32.1 percent in June, below expectations
ISTANBUL Türkiye’s annual consumer inflation eased to 32.11 percent in June, slightly below market expectations, as…
Euro area: Indirect inflation effects still pending – Societe Generale
Societe Generale economists Sam Cartwright, Michel Martinez and Jorge Garayo note that Euro area inflation has not yet…
US Dollar: Services slowdown and labor signals – TD Securities
TD Securities strategists expect the ISM Services index to retreat in June after May’s gain, pointing to broad-based…
Rates Spark: Resumed steepening impulse – ING THINK economic and financial analysis | ING THINK
Rates Spark: Resumed steepening impulse ING THINK economic and financial analysis | ING THINKTreasury yields rise as Fed Chairman…
Dark cloud looms over hotel revenues amid drying reservoirs, rising costs | Industry News
Longer heatwaves caused by El Niño have become a cautionary factor for the wider market, with…