European gas prices fall as forecasts point to milder weather
Dutch benchmark gas fell to €100.09 per megawatt hour as traders weighed easing cold against European storage levels of just 74.6%.
Business & Economy
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Suncor agrees $860 million sale of Canadian stakes to Ithaca
Ithaca will assume future investment and decommissioning obligations, with the offshore deal expected to close in the first half of 2027.
NUCLEAR ENERGY COOPERATION
Niger advances Russian energy ties as uranium dispute persists
Talks in Niamey covered nuclear and solar power, while ownership of uranium from the nationalised Somaïr mine remains disputed.
IRAN ECONOMY
Iran’s inflation squeeze reaches affluent households as war erodes purchasing power
Iran’s inflation crisis is squeezing middle-class and affluent households as falling incomes and weak liquidity erode purchasing power.
UAE-IRAN BANKING
UAE bars Bank Melli Iran branches from financial transactions with Iran
The UAE central bank barred Bank Melli Iran branches from transactions with Iran after citing regulatory and anti-money-laundering violation…
US NATIONAL DEBT
Why America can borrow beyond $40 trillion without collapsing
US debt has passed $40 trillion, but the dollar and Treasury market still give Washington strong access to global capital.
DATA ECONOMY
China’s data industry reaches $1tn as AI demand grows
China’s data industry grew 15.7% in 2025, driven by rising demand for AI applications and high-quality datasets.
ENERGY TRANSITION
Woodside drops clean energy target as first-half profit rises 7%
The Australian producer will review its Texas ammonia project and scrap a $5bn clean-energy spending goal.
RENEWABLE ENERGY
Vatican plans €100m agrivoltaic plant to cover energy needs
The Vatican plans an agrivoltaic plant to cover its energy needs, with construction expected to take up to two years.
GLOBAL MARKETS
Oil rises as Hormuz tensions lift prices, gold jumps ahead of Fed minutes
Oil gains as Hormuz tensions deepen, while gold rallies sharply before the Federal Reserve releases its latest meeting minutes.
ANTI-CORRUPTION
Iraq seizes $20.3m, gold and vehicles in corruption probe
Iraqi authorities say millions in cash and gold were seized from officials under investigation.
GERMAN ECONOMY
Record-low Rhine water levels threaten German supply chains
Record-low Rhine water levels are disrupting shipping, raising freight costs and putting pressure on German industry.
IRAN ECONOMY
Pezeshkian says war has deepened Iran’s economic crisis
Pezeshkian says lower oil sales and damaged factories are deepening Iran’s economic crisis.
PALESTINIAN ECONOMY
World Bank warns Palestinian banks face growing shekel liquidity risks
The World Bank says excess shekel cash and shrinking digital liquidity are creating growing risks for Palestinian banks and trade.
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All Business & Economy articles
European gas prices fall as forecasts point to milder weather
Dutch benchmark gas fell to €100.09 per megawatt hour as traders weighed easing cold against European storage levels of just 74.6%.
European supermarkets pull food after refrigeration cyber incidents
SuperValu removed chilled and frozen products from 13 Irish stores as retailers across Europe investigated failures affecting refrigeration.
Gold slips towards $4,000 as dollar firms before Fed decision
Gold prices fell as a stronger US dollar weighed on demand, with investors awaiting the Federal Reserve's decision and fresh inflation data.
Gold, dollar and Swiss franc diverge as markets seek safety
Gold's retreat and volatile government bonds challenge traditional safe havens as the Iran war, AI concerns and public debt unsettle markets.
Google Cloud outage disrupts Revolut and UK banking services
Card payments and cash withdrawals were affected as failures hit Google's London cloud region, leaving engineers investigating the cause.
Suncor agrees $860 million sale of Canadian stakes to Ithaca
Ithaca will assume future investment and decommissioning obligations, with the offshore deal expected to close in the first half of 2027.
Niger advances Russian energy ties as uranium dispute persists
Talks in Niamey covered nuclear and solar power, while ownership of uranium from the nationalised Somaïr mine remains disputed.
Iran’s inflation squeeze reaches affluent households as war erodes purchasing power
Iran’s inflation crisis is squeezing middle-class and affluent households as falling incomes and weak liquidity erode purchasing power.
UAE bars Bank Melli Iran branches from financial transactions with Iran
The UAE central bank barred Bank Melli Iran branches from transactions with Iran after citing regulatory and anti-money-laundering violations.
Why America can borrow beyond $40 trillion without collapsing
US debt has passed $40 trillion, but the dollar and Treasury market still give Washington strong access to global capital.
Baghdad petrol queues grow as disrupted shipping delays fuel imports
Long queues returned to Baghdad petrol stations as disrupted shipping delays fuel imports.
China’s data industry reaches $1tn as AI demand grows
China’s data industry grew 15.7% in 2025, driven by rising demand for AI applications and high-quality datasets.
Woodside drops clean energy target as first-half profit rises 7%
The Australian producer will review its Texas ammonia project and scrap a $5bn clean-energy spending goal.
Vatican plans €100m agrivoltaic plant to cover energy needs
The Vatican plans an agrivoltaic plant to cover its energy needs, with construction expected to take up to two years.
Oil rises as Hormuz tensions lift prices, gold jumps ahead of Fed minutes
Oil gains as Hormuz tensions deepen, while gold rallies sharply before the Federal Reserve releases its latest meeting minutes.
Saudi PIF assets top $900bn as 2025 profit surges
The sovereign wealth fund enters a new five-year strategy focused on returns, efficiency and six domestic economic ecosystems.
Iraq seizes $20.3m, gold and vehicles in corruption probe
Iraqi authorities say millions in cash and gold were seized from officials under investigation.
Record-low Rhine water levels threaten German supply chains
Record-low Rhine water levels are disrupting shipping, raising freight costs and putting pressure on German industry.
Pezeshkian says war has deepened Iran’s economic crisis
Pezeshkian says lower oil sales and damaged factories are deepening Iran’s economic crisis.
World Bank warns Palestinian banks face growing shekel liquidity risks
The World Bank says excess shekel cash and shrinking digital liquidity are creating growing risks for Palestinian banks and trade.