In a world shaped by supply chain disruption, shifting geopolitics and rapid technological change, economic resilience is an immediate necessity. Countries today are rethinking how they secure their future, what they produce, where they invest and how much they rely on others.
Chuck Byrd puts away a fuel nozzel after filling two tanks for a truck at a gas station on Tuesday, April 7, 2026, in Aurora, Ore. (AP Photo/Jenny Kane)
Despite war (and rising gas prices) now fully embedded in respondents' minds, it is perhaps surprising that The Conference Board's Consumer Confidence rose considerably more than expected to 92.8 in April (89.0 exp) from an upwardly revised 92.2.
Adnoc is planning major investments in the US natural gas sector through its global investment arm XRG, seeking to diversify its portfolio as the Iran war disrupts global energy markets.
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1 — a shocking blow to the world’s largest oil cartel as the Iran war threatens global energy supplies.
PARIS — France’s EU affairs minister Benjamin Haddad said Tuesday that the EU should not rush to ratify last year’s trade deal with the U.S., insisting on the need to add more safeguards.
After months of political wrangling, Iraq’s Coordination Framework on Monday named Ali al-Zaidi, a multimillionaire business figure, as the compromise candidate of the governing Shia bloc.
The United Arab Emirates said on Tuesday it was quitting Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
Adding further intrigue, SpaceX, Anthropic and OpenAI are all actively preparing for an initial public offering (IPO), with reports suggesting potential listings as early as this year. (SpaceX, which is expecting an evaluation of over $1.75 trillion could go public as early as June, and a number of Musk’s closest fr…
Global energy prices are expected to rise by 24 per cent this year to their highest level in four years, as markets continue to reel from the Iran war, which has now entered its third month, the World Bank has said.
Planes sit on the tarmac at Kansai International Airport in Osaka. Some airlines have benefited from higher demand between Asia and Europe. (Photo by Hiromasa Matsuura)
Ukraine's President Volodymyr Zelenskyy said on Tuesday that Israel's purchase of grain from occupied Ukrainian territory “stolen” by Russia “cannot be legitimate business”, and that Kyiv is readying sanctions against those attempting to profit from it.
SEOUL, April 28 (Yonhap) -- Cheong Wa Dae on Tuesday denied a claim that U.S. companies were being discriminated against in South Korea over network usage fees after the U.S. Trade Representative (USTR) raised grievances over the issue.
A gas price is displayed as a customer holds a fuel pump nozzle before filling up her vehicle’s gas tank at a gas station, in Lincolnshire, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh, file)
The UAE's withdrawal from the Organisation of the Petroleum Exporting Countries (Opec) follows a pattern running through some of the most consequential decisions it has made over the past decade.
US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader s…
In a historic milestone for Sri Lanka, Abdul Razak M. Muzammil has become the first Sri Lankan to be awarded the globally recognised CAMA² (Certified Asset Management Assessor) certification, setting a new benchmark for professional excellence in the country’s infrastructure and asset management sector.
The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
Abu Dhabi's Adnoc has retained its position as the UAE’s most valuable brand for the eighth consecutive year, according to the UAE 50 report from Brand Finance.
The UAE, the world's seventh-largest producer of oil, has announced it will withdraw from Opec after more than five decades, with the decision taking effect on May 1.
The International Monetary Fund has approved 266 million US dollars for Liberia under a new 21-month Resilience and Sustainability Facility, aimed at helping the country strengthen its economy against climate-related shocks.
Indonesian superapp GoTo, which includes ride hailing service Gojek and online marketplace Tokopedia, reported its first-ever quarterly net profit on April 28. (Photo courtesy of GoTo)
Shares of companies tied to artificial intelligence infrastructure tumbled in early trading Tuesday after a report that OpenAI has fallen short of internal growth expectations, raising fresh questions about whether the pace of spending across the sector is sustainable.
Ukrainian President Volodymyr Zelensky said on Tuesday that Israel's purchase of grain from occupied Ukrainian territory "stolen" by Russia "cannot be legitimate business" and that Kyiv was readying sanctions against those attempting to profit from it.
Ed Miliband, the UK's energy and net zero minister, has said his government will tax windfall profits for companies like BP to help with the cost of living crisis fuelled by the war on Iran.