Economy- Page 20

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

by Economy Desk

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 and steel base.

July 10, 2026

by Economy Desk

Volkswagen workers on the production line at a German factory facing mass layoffs

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first

Japan-linked crude oil tanker near the Strait of Hormuz during the Iran crisis, 2026

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

The Eneos Endeavor, a supertanker managed by Japan's largest refiner, discharged the last of its 2.15 million barrels of Gulf crude at the Negishi refinery in Yokohama on Saturday — completing a

June 6, 2026

Business·Economy·News

Job seekers at an employment fair in the United States ahead of the May 2026 jobs report

US Economy Adds 172,000 Jobs in May, Doubling Forecasts as Iran War Fails to Break Labor Market

US employers added 172,000 jobs in May 2026, roughly double Wall Street's 85,000 forecast, as the labor market shrugged off Iran war energy costs for a third straight month of six-figure gains.

June 5, 2026

Business·Economy·News

SPIEF 2026 exhibition hall delegates Russia economy St. Petersburg International Economic Forum

Russia’s Sanctioned Tycoons Accuse Kremlin of Setting an Economic Trap at SPIEF 2026

Russia's sanctioned business elite used the St. Petersburg forum to voice a rare public grievance: the Kremlin has forced them to repatriate assets while offering no viable domestic investment environment — a

June 5, 2026

Business·Conflicts, Military and War·Economy·News

The Jobs Report That Broke Wall Street’s Bet and Handed Kevin Warsh an Impossible First Test

May nonfarm payrolls surged to 172,000 — more than double what Wall Street had penciled in — upending months of market positioning and forcing traders to price in a Federal Reserve rate

June 5, 2026

Business·Economy·Markets·News

SpaceX Falcon 9 rocket launches as the company sets a fixed $135 IPO share price targeting a $1.77 trillion Nasdaq debut in June 2026

SpaceX IPO Roadshow Launches at $135 a Share, and Jamie Dimon Is Personally Selling It to 2,500 of America’s Wealthiest Investors

NEW YORK — On Thursday morning, from JPMorgan Chase’s glass tower overlooking Park Avenue, Jamie Dimon did something that senior American bankers almost never do. He personally pitched a stock. The JPMorgan

June 5, 2026

Business·Economy·Technology

William Hill betting shop exterior Britain Evoke Bally's Intralot takeover 2026

Greek Lottery Giant Bally’s Intralot Agrees £243m Takeover of William Hill Owner Evoke

Athens-listed Bally's Intralot has agreed to acquire Evoke — the owner of William Hill, 888, and Mr Green — in a £243 million all-share deal that pairs an indebted British bookmaker with

June 5, 2026

Business·Economy·News

Smoke billows from a Gazprom Neft oil refinery in Russia

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Russia's Gazprom and Kazakhstan's presidential administration signed an agreement at SPIEF on Thursday for additional gas supplies in 2026, deepening the two countries' energy ties even as Astana's domestic demand strains its

June 5, 2026

Business·Economy·News

Nord Stream natural gas pipeline landfall facility at Lubmin Germany

Putin Says Gazprom Ready to Resume Gas Supplies to Germany, Nord Stream 2 Line Intact

Vladimir Putin told world news agency heads at SPIEF 2026 that Gazprom has never refused to supply Germany and a surviving Nord Stream 2 line could begin flowing the same day Berlin

June 5, 2026

Business·Economy·News

For Sale sign displayed outside a home in Portland Oregon as US mortgage rate falls to 6.48 percent June 2026

US Mortgage Rate Eases to 6.48% From Nine-Month High as Iran War Keeps Buyers Sidelined

The 30-year fixed mortgage fell to 6.48% from 6.53%, Freddie Mac reported Thursday, retreating from its highest level in nine months — but the Iran war's grip on oil prices and inflation

June 4, 2026

Business·Economy·News

Delegates walk through the exhibition hall at the 29th St. Petersburg International Economic Forum, June 2026

Russia and Saudi Arabia Eye $10 Billion Trade Target as Payment Barriers Slow Centennial Partnership

The head of the Russian-Saudi Business Council set a $10 billion trade target at SPIEF 2026, but acknowledged that payment system restrictions remain the primary obstacle — even as bilateral commerce has

June 4, 2026

Business·Economy·News

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Economy- Page 20

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

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

US Economy Adds 172,000 Jobs in May, Doubling Forecasts as Iran War Fails to Break Labor Market

Russia’s Sanctioned Tycoons Accuse Kremlin of Setting an Economic Trap at SPIEF 2026

The Jobs Report That Broke Wall Street’s Bet and Handed Kevin Warsh an Impossible First Test

SpaceX IPO Roadshow Launches at $135 a Share, and Jamie Dimon Is Personally Selling It to 2,500 of America’s Wealthiest Investors

Greek Lottery Giant Bally’s Intralot Agrees £243m Takeover of William Hill Owner Evoke

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Putin Says Gazprom Ready to Resume Gas Supplies to Germany, Nord Stream 2 Line Intact

US Mortgage Rate Eases to 6.48% From Nine-Month High as Iran War Keeps Buyers Sidelined

Russia and Saudi Arabia Eye $10 Billion Trade Target as Payment Barriers Slow Centennial Partnership

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

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