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Global economies could be "sleepwalking" into a "big recession", as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC's "Squawk Box Europe" on Monday.
US futures whipsawed and crude oil spiked higher as tensions flared up again in the Middle East, taking the focus off a run of strong earnings by megacap tech companies. As of 8:00am ET, S&P and Nasdaq 100 futures dropped 0.2% from Friday's record highs, falling as much as 0.5% just minutes earlier after Iran’s Fars…
The proposed legislation is seen as discriminatory to China and could also hurt Chinese interests in non-EU European states
The proposed legislation is seen as discriminatory to China and could also hurt Chinese interests in non-EU European states
Authored by Jack Phillips via The Epoch Times (emphasis ours),
Following a challenging period, the UAE is gearing up for its next phase of growth, and Mashreq Bank's Abdul Aziz Al Ghurair says banks are ready to support expansion.
Though tempered by the prospect of additional GOP gerrymandering of House districts in the wake of a pivotal Supreme Court decision, Democrats' hopes for a rout of Republicans in the approaching midterm elections are rising after a Washington Post-ABC News-Ipsos poll found that President Trump's disapproval rating i…
ABU DHABI, United Arab Emirates — The UAE's departure from OPEC, dominated by ally-turned-rival Saudi Arabia, was not targeted at anyone but is part of a broader plan to future-proof its economy, the country's oil chief said Monday.
World Liberty Financial is hitting back at crypto billionaire Justin Sun with a defamation suit — and claims he was betting against the very token he was publicly hyping as “one of the biggest projects in crypto” as part of an alleged short-and-distort scheme.
Most people don't know and don't have much reason to care what a currency swap line is, except that the financial instrument could soon help markets understand what Federal Reserve Chair nominee Kevin Warsh's unique ideas about Fed independence really mean.
The UAE’s decision to leave the Organisation of the Petroleum Exporting Countries, or Opec, may prove more consequential than its decades of membership. This is not simply another dispute over production quotas. It reflects a deeper shift: the system that has governed oil markets for years no longer fits countries t…
Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost
Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost
Petronas sells B10 biodiesel with 10% palm oil in the diesel mix. In June, Malaysia will roll out B15 biodiesel to offset rising fuel import costs. (Photo by Norman Goh)
Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggests
A French website and real estate browser extension for Chrome is promoting an unusual data offering, which includes information on immigration levels, insecurity, and Islamization rates — all factors that real estate buyers may want to take into consideration before they make an investment.
Move follows surge in claw and pinball machines across city, sparking concern over addiction to games with gambling elements
Move follows surge in claw and pinball machines across city, sparking concern over addiction to games with gambling elements
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Security fears drive tit-for-tat frameworks that are increasingly contradictory, leaving global companies to face a dual-compliance burden
Security fears drive tit-for-tat frameworks that are increasingly contradictory, leaving global companies to face a dual-compliance burden
US seeks free-market private investment deals over development assistance as experts warn of ripple effects
A desperate cabbie joins a service that directs him down a shadowy path in this interesting, less-is-more satirical thriller
Welcome to Brisbane Times’ Queensland public sector column, Public Circus. This week: the deputy premier’s celebrant services cause a stir, senior figures’ uranium shares, an inflation-driven pay bump amid budget blues, and more.
Meta CEO Mark Zuckerberg is attempting to wiggle out of testifying in person at a wave of headline-grabbing trials on social media addiction this year — and plaintiffs are crying foul, The Post has learned.
Europe is in far greater economic trouble that most people realize. In an April 2026 report by the Institute of Economic Affairs (IEA), it was reveled that the UK's GDP per capita is lower than all 50 U.S. states, including the poorest, Mississippi. While the majority of Britons mistakenly believe the UK is as wealt…
BRUSSELS — EU Trade Commissioner Maroš Šefčovič will meet with U.S. Trade Representative Jamieson Greer on Tuesday in Paris, as transatlantic trade tensions spike over Washington’s latest threats to impose steep tariffs on European cars.
Adnoc Drilling, the Middle East’s biggest drilling company by rig count, has completed its acquisition of an 80 per cent stake in Oman’s MB Petroleum Services (MBPS), ahead of its mid-year schedule.
Australians’ spending with Uber jumped more than $2 billion to $14.5 billion last year, as the transport giant boasts of its confidence in overturning a legal decision forcing it to pay tens of millions of dollars in local payroll taxes.
GOVERNMENT leaders from Southeast Asia and European business executives will gather in Cebu on May 5, Tuesday, for the inaugural Asean-EU Sustainability Summit, where discussions will center on economic resilience, sustainable growth, and the region’s worsening energy crisis.
The UAE left Opec and Opec+ on "good terms" and will continue to work with members of the group to stabilise oil markets, the Emirates' minister of energy and infrastructure said.
SEOUL, May 4 (Yonhap) -- The local housing market may see slower price growth starting in May, when the government is set to end tax benefits to owners of multiple homes, the presidential chief of staff for policy forecast Monday.
Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says
Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says
Ardea has surged onto the strategic stage with its giant Goongarrie Hub singled out in a high-level Australia-Japan joint statement on elevated critical minerals cooperation.
Inside this old skydiving plane, a crew of Ukrainian volunteers is hunting down Russian drones. Russia is sending thousands of its one-way attack drones into Ukraine every month. Many are shot down, but the country’s air defenses can’t stop them all. On the side of the fuselage here, they’ve mounted this American-ma…
The US has threatened to sanction shipping companies that pay Iran tolls to transit the Strait of Hormuz.
The US has threatened to sanction shipping companies that pay Iran tolls to transit the Strait of Hormuz.
New initiative lets consumers use home-grown apps like Alipay for cross-border payments – supporting Beijing’s push to expand regional financial links
New initiative lets consumers use home-grown apps like Alipay for cross-border payments – supporting Beijing’s push to expand regional financial links
International Energy Agency analysis shows methane leaks remained at near-record highs in 2025
Exclusive: A Senate committee considering the illegal tobacco trade in Australia hears closed-session evidence from cigarette manufacturers
Stamp duty surged 61 per cent as trading and property deals picked up, while profits and salaries tax also recorded solid gains
Stamp duty surged 61 per cent as trading and property deals picked up, while profits and salaries tax also recorded solid gains
World Cup fever is boosting demand for tournament-related merchandise and Chinese producers are working hard to deliver the goods.
China’s relative resilience to the energy shock and its cheap and abundant electricity supply are an advantage in the AI race
China’s relative resilience to the energy shock and its cheap and abundant electricity supply are an advantage in the AI race
Carlton’s former football boss Brad Lloyd says the Blues should continue to evolve their faltering midfield to find a better mix around Patrick Cripps rather than consider trading their contracted captain.
Japan, Britain and other nations have pledged millions to the new scheme, as China’s dominance of critical minerals sector faces fresh challenge
Authored by Michael Snyder via The Economic Collapse,