Egypt boosts Sinai oil output to nine-year high with Eni’s help as energy import bill surges
The Ministry of Petroleum and Mineral Resources said crude production from offshore fields in the Sinai Peninsula…
US trade gap narrows in April on oil exports boost
The US trade deficit shrank slightly in April, government data showed Tuesday, with energy exports bolstered by a…
Economic slump, not AI, is the real job killer, says LinkedIn executive
Artificial intelligence is not to blame for a slump in hiring, a LinkedIn executive said during London Tech…
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3,…
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
By Leika Kihara TOKYO, June 10 (Reuters) – Japan’s wholesale inflation accelerated in May at the fastest pace…
Billionaires’ Billions Are Increasing Faster Than Ever
Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled…
Christchurch businesses show resilience amid national gloom – 2degrees Shaping Business Study
Meanwhile, 49% of Christchurch businesses surveyed said they had introduced a new product or service in the last…
Fieldays 2026: Booming rural economy on display at sold-out event
The strong interest this year comes as the dairy sector, red meat, horticulture, and even the long-struggling wool…
Why Japan’s Takaichi has stepped back from BOJ rate hike debate
Comment Prime minister faces pressure from markets, US on inflation and yen Comments from BOJ Gov. Kazuo Ueda…
U.S. existing-home sales rise 3.2% in May
Homebuilding Median existing-home price rose to $429,300 while total inventory reached 1.55 million units, a 4.5-month supply. By…
Consumer Price Index (CPI) for May 2026 is Projected to Rise 4.2% Year-Over-Year
The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of May…
Growth to slow and unemployment to jump to two…
The Confederation of British Industry has forecast weaker economic growth and a rise in unemployment (Aaron Chown/PA) –…