Economy- Page 21

ConocoPhillips executives attend Syria gas fields development agreement in Damascus

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

The US oil and gas giant ConocoPhillips is set to sign a contract with Syria aimed at expanding existing gas fields and exploring new reserves, according to a Financial Times reported, in

June 16, 2026

by Arab Desk

Container ships and stacked cargo containers at a port, illustrating India's record May merchandise exports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

India's merchandise exports hit an all-time monthly high of $45.2 billion in May, an 18 percent jump. But a sharper rise in oil and gold imports widened the goods trade deficit, leaving the country exporting more than ever and still

June 16, 2026

by Economy Desk

Nvidia Endeavor headquarters building in Santa Clara, California

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Nvidia sold $25 billion of bonds, its first investment-grade offering in five years, and investors put

A sneaker store interior, illustrating the Accent Group footwear retail takeover bid

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

Mike Ashley's Frasers Group has launched a A$316 million on-market bid for the rest of Australia's

US President Donald Trump meets Chinese President Xi Jinping in Beijing amid Iran war tensions

Trump Heads to Beijing, Iran War Exposes Limits of US Power, Rejects Xi’s Help

US President Donald Trump arrived in Beijing on Wednesday for one of the most politically sensitive summits of his presidency, insisting before departure that Washington does not need China’s assistance to end

May 14, 2026

Economy·News

Traders react on Wall Street as AI stocks fall amid rising oil prices and Iran war inflation fears

Wall Street’s AI Fantasy Collides With the Reality of War, Oil and Inflation

For months, investors across Wall Street behaved as though the global economy had entered a new age where geopolitics no longer mattered. Artificial intelligence dominated markets. Semiconductor stocks climbed relentlessly. Every earnings

May 14, 2026

Business·Economy

Trump Lands in Beijing, Xi Hosts First US Presidential Visit to China in Nearly a Decade

Donald Trump arrived in Beijing on Wednesday for a high-stakes three-day state visit that could redefine the fragile balance between the world’s two largest economies at a moment of deep geopolitical turbulence.

May 13, 2026

Economy·News

OPEC delegates during a meeting as US shale oil production faces slowdown in 2026

OPEC Maintains Forecast for Fall in US Oil Output, American Shale Faces Slowing Growth

The Organization of the Petroleum Exporting Countries, widely known as OPEC, has maintained its forecast that US crude oil and condensate production will decline by 110,000 barrels per day in 2026, a

May 13, 2026

Business·Economy·News

Donald Trump meets Xi Jinping in Beijing alongside Elon Musk and Nvidia CEO Jensen Huang during US-China trade and AI talks

Trump Says He Will Urge Xi Jinping to ‘Open Up’ China to US Companies

Donald Trump arrived in Beijing on Wednesday carrying with him one of the most powerful delegations of American corporate leaders ever assembled for a presidential visit to China, signaling that economic competition,

May 13, 2026

Business·Economy·News

Saudi Arabia oil facilities amid OPEC production cuts and Middle East energy crisis

How collapsing output is reshaping global energy markets and oil prices

The global oil market entered a new phase of instability on Wednesday after the latest OPEC’s May monthly oil market report revealed dramatic production declines across several major Middle Eastern producers, led

May 13, 2026

Business·Economy·News

Oil tankers near the Strait of Hormuz during the 2026 OPEC+ production crisis

IEA Reveals Eight OPEC+ Nations Produced 8.8 Million Bpd Below Target in April

The global oil market sank deeper into turmoil on Wednesday after the International Energy Agency said eight major OPEC+ producers collectively pumped 8.8 million barrels per day below their target levels in

May 13, 2026

Economy·News

International Energy Agency warns of global oil demand decline amid energy crisis and Middle East tensions

IEA Raises Forecast for Global Oil Demand Collapse in 2026, Energy Crisis Intensifies

The International Energy Agency warned Wednesday that the global oil market is entering a far deeper slowdown than previously expected, sharply revising its 2026 demand outlook lower as geopolitical conflict, weakening industrial

May 13, 2026

Economy·News

Russian Foreign Minister Sergey Lavrov attends an international diplomatic meeting in 2026

Lavrov Links Palestine Crisis and Red Sea Tensions to Long-Term Global Instability

Russian Foreign Minister Sergey Lavrov warned on Wednesday that any military escalation around the strategically vital Bab al-Mandab Strait could inflict catastrophic damage on global energy markets, underscoring mounting fears that maritime

May 13, 2026

Conflicts, Military and War·Economy·News

Australia expands strategic fuel reserves amid global oil market instability

Australia’s Budget Marks a Sharp Turn Away From the Old Economic Consensus

Australia’s government on Tuesday unveiled one of the most consequential economic overhauls in decades, using its annual budget to redraw long-standing property investment tax incentives, expand strategic fuel reserves and curb welfare

May 13, 2026

Business·Economy

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Economy- Page 21

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

Trump Heads to Beijing, Iran War Exposes Limits of US Power, Rejects Xi’s Help

Wall Street’s AI Fantasy Collides With the Reality of War, Oil and Inflation

Trump Lands in Beijing, Xi Hosts First US Presidential Visit to China in Nearly a Decade

OPEC Maintains Forecast for Fall in US Oil Output, American Shale Faces Slowing Growth

Trump Says He Will Urge Xi Jinping to ‘Open Up’ China to US Companies

How collapsing output is reshaping global energy markets and oil prices

IEA Reveals Eight OPEC+ Nations Produced 8.8 Million Bpd Below Target in April

IEA Raises Forecast for Global Oil Demand Collapse in 2026, Energy Crisis Intensifies

Lavrov Links Palestine Crisis and Red Sea Tensions to Long-Term Global Instability

Australia’s Budget Marks a Sharp Turn Away From the Old Economic Consensus

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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