Economy- Page 12

Stop and Shop supermarket storefront in New Jersey

Stop & Shop to Close Westfield and Basking Ridge as New Jersey Footprint Falls to 45

Stop & Shop confirmed it will close its Westfield and Basking Ridge supermarkets this fall, bringing its New Jersey total to 45 stores. The closures extend the Ahold Delhaize-owned chain's two-year contraction,

August 1, 2026

by Dilnaz Shaikh

A customer reaches for a product in a grocery store as US consumer prices hold elevated at 3.7 percent annually in June 2026

US GDP Falls to 1.5% in Q2 as Gasoline Prices and Trade Deficits Pressure Economy

US gross domestic product grew 1.5 percent in the second quarter of 2026, slowing from 2.1 percent in Q1, as the Iran-driven gasoline surge and swelling trade deficits offset temporary consumer spending fueled by Trump's tax legislation.

August 1, 2026

by Dmitri Agafonov

Oil tanker M/T Charminar at sea amid Iran war energy disruptions affecting BP North Sea oil sale

BP Puts Entire UK North Sea Business Up for Sale After Sixty Years of Production

BP is selling its entire UK North Sea oil and gas portfolio after sixty years of

Naval vessels in Red Sea as Iran war disrupts global oil tanker routes driving Exxon and Chevron profits

Exxon and Chevron Post Biggest Profits in Years as Iran War Lifts Oil Prices

ExxonMobil and Chevron reported their largest quarterly profits in years on Thursday, with both companies crediting

SK Hynix Raises $26.5 Billion in Record-Breaking Nasdaq IPO, Surpassing Alibaba

SK Hynix Inc. raised $26.5 billion in its US IPO on Thursday, with shares jumping 14% at open to $170. The South Korean chipmaker's debut surpassed Alibaba's 2014 record for the largest

July 11, 2026

Business·Economy·Markets·News

EasyJet aircraft at airport as Apollo bids 5.7 billion pounds for airline takeover

Apollo Bids £5.7 Billion for EasyJet, Outpacing Castlelake in Private Equity Race

Apollo outbid Castlelake for EasyJet with a £5.7 billion proposal, winning board backing on Friday. The competing deadlines — August 3 for Castlelake to respond, August 7 for Apollo — set up

July 10, 2026

Business·Economy·News

Volkswagen workers protest outside Zwickau plant against 100,000 job cuts plan

Volkswagen Supervisory Board Blocks Brand Cuts as Workers Reject 100,000 Job Losses

Volkswagen's supervisory board voted 12-7 against management's plan to cut half its model lineup and 100,000 jobs globally, with labor and Lower Saxony state blocking CEO Oliver Blume. The setback comes as

July 10, 2026

Business·Economy·News

Asian Development Bank headquarters building in Mandaluyong Philippines

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

The Asian Development Bank trimmed India's fiscal 2027 growth forecast to 6.6% from 6.9%, pinning the 30-basis-point cut on elevated energy prices from the Iran-US Middle East conflict. The IMF has made

July 10, 2026

Business·Economy·News

2022 Land Rover Range Rover SE P440e hybrid SUV front view

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India's trade regulator published UK vehicle import qualification rules July 10, effective July 15, opening a reduced-tariff channel primarily benefiting JLR's Range Rover and Defender. Rules of origin for Rolls-Royce and McLaren

July 10, 2026

Business·Economy·News

National Stock Exchange of India building in Mumbai

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

India's National Stock Exchange plans to pitch its long-awaited IPO to 30 global institutional investors starting July 17, targeting a September listing that would raise $3.6 billion and place the exchange among

July 10, 2026

Business·Economy·News

Canadian Prime Minister Mark Carney at a public event, who visited Saudi Arabia in July 2026 for the first Canadian PM trip to the kingdom in 26 years

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Canadian PM Mark Carney signed mining, energy and AI pacts with Saudi Arabia in Jeddah on Thursday, the first Canadian PM visit in 26 years. The two nations also established a Saudi-Canadian

July 10, 2026

Business·Economy·News

Satellite image of the Strait of Hormuz showing the narrow passage between Iran and Oman during the US-Iran conflict

Only 5 Ships Crossed the Strait of Hormuz in 24 Hours as US-Iran Fighting Resumes

Only five vessels crossed the Strait of Hormuz on Thursday as US and Iranian forces resumed strikes, against a prewar baseline of 130 daily crossings. Zero large tankers have used the US-coordinated

July 10, 2026

Business·Economy·News

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

PepsiCo posted $24.18 billion in second-quarter revenue, beating Wall Street estimates, but core EPS of $2.20 missed by a penny as CEO Ramon Laguarta warned that the U.S. consumer is deteriorating faster

July 10, 2026

Business·Economy·News

Uzbekistan food processing and metals export facility Central Asia

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Uzbekistan is targeting $4.5 billion in processed food exports this year, rising to $10 billion by 2030, as parallel metals projects worth $4.2 billion aim to triple profits from the country's copper

July 10, 2026

Business·Economy·News

Previous 1 … 10 11 12 13 14 … 118 Next

Economy- Page 12

Stop & Shop to Close Westfield and Basking Ridge as New Jersey Footprint Falls to 45

US GDP Falls to 1.5% in Q2 as Gasoline Prices and Trade Deficits Pressure Economy

BP Puts Entire UK North Sea Business Up for Sale After Sixty Years of Production

Exxon and Chevron Post Biggest Profits in Years as Iran War Lifts Oil Prices

SK Hynix Raises $26.5 Billion in Record-Breaking Nasdaq IPO, Surpassing Alibaba

Apollo Bids £5.7 Billion for EasyJet, Outpacing Castlelake in Private Equity Race

Volkswagen Supervisory Board Blocks Brand Cuts as Workers Reject 100,000 Job Losses

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Only 5 Ships Crossed the Strait of Hormuz in 24 Hours as US-Iran Fighting Resumes

PepsiCo Beats Revenue but Warns of Inflationary Pressures Squeezing US Consumers

Uzbekistan Targets $4.5 Billion in Processed Food Exports and $4.2 Billion Metals Drive

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

Latest Posts

Qatari LNG Tanker Disabled in Strait of Hormuz as UKMTO Reports Two Vessel Strikes

Apple Announces Siri AI Paywall Through iCloud+ in Tim Cook’s Final Earnings Call

OpenAI Finds Evidence More AI Agents Broke Containment, Hacked Outside Its Network

Iran’s Wartime Commander Threatens US and Israeli Energy Sites If Washington Strikes

Economy- Page 12

Follow

Latest Posts