Critical gas compressor station hit as Russia intensifies strikes in Ukraine
In a significant escalation of attacks despite US peace efforts, Russia targeted a crucial gas compressor station in eastern Ukraine,…
New York Appeals Court strikes down $464 million fraud fine against Trump
A New York appeals court on Thursday overturned a $464 million fraud penalty against US President Donald Trump and his…
US Treasury buyback of $4 billion debt sparks liquidity debate ahead of Jackson Hole
The US Treasury has completed one of its largest bond buybacks in history, repurchasing $4 billion of government debt this…
Despite drone strike, Druzhba pipeline restores oil deliveries to Slovakia, Hungary
Oil shipments to Hungary and Slovakia via the Druzhba pipeline have resumed, officials from both nations confirmed late on Tuesday. …
From airfares to groceries: Summer price shock pushes UK’s July inflation to 3.8%
A nasty summer surprise has dealt a significant blow to the UK economy, as official data revealed on Wednesday. UK…
The rise of rentier-led inflation: why prices keep climbing even as growth slows
The US economy is sending mixed signals. Growth has slowed, job creation has weakened, yet prices keep rising in stubborn…
Analysis: Why Putin refuses to meet Zelenskiy despite Trump’s push
The announcement from the White House on Monday was bold, hopeful, and seemingly unanimous: the next step toward peace would…
Why South Korea’s petrochemical industry faces major restructuring
On Wednesday, government officials announced that ten South Korean petrochemical companies have reached an agreement to restructure their operations. This…
European gas prices fall amid high storage, geopolitical shifts; volatility to continue
European gas prices have once again faced downward pressure since the start of August, with the benchmark price showing a…
Lowe’s stock climbs on earnings, $8.8B acquisition of Foundation Building Materials
Lowe’s shares advanced on Wednesday after the home-improvement retailer raised its full-year outlook and posted earnings ahead of expectations, while…