Economy- Page 22

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

Oil tankers crossing the Strait of Hormuz amid rising global tensions

BRICS Finance Ministers Brace for Hormuz Fallout, Energy and Food Prices Surge

The world’s leading emerging economies are preparing for a critical round of financial discussions in Moscow this week as escalating tensions around the Strait of Hormuz threaten to deepen instability across energy,

May 13, 2026

Business·Economy·News

Rosatom CEO meets Indonesian President Prabowo Subianto to discuss nuclear energy cooperation and floating reactor technology

Rosatom Expands Indonesia Nuclear Push Prabowo Explores Floating Reactors, Atomic Energy Partnership

Russian state nuclear corporation Rosatom has intensified its strategic engagement with Indonesia after CEO Alexey Likhachev held high-level talks with Indonesian President Prabowo Subianto in Jakarta on Tuesday, focusing on expanding cooperation

May 12, 2026

Business·Economy·News

Oil tankers stranded near the Strait of Hormuz during global energy crisis caused by supply disruption

Saudi Aramco Warns 880 Million Barrels of Oil Lost Forever, Strait of Hormuz Crisis Shakes Global Markets

Saudi Aramco has issued one of the starkest warnings yet about the state of the global energy market, declaring that nearly 880 million barrels of liquid hydrocarbons have effectively vanished from global

May 12, 2026

Business·Economy·News

CSL shares plunge as ASX 200 falls amid Iran oil tensions and global market volatility

ASX Slides After CSL Meltdown, Rising Oil Prices Shake Investor Confidence

Australia’s stock market slid sharply on Monday after biotech heavyweight CSL plunged in one of the most dramatic collapses in modern ASX history, wiping nearly A$10 billion from its market value and

May 11, 2026

Business·Economy

Oil tankers waiting near the Strait of Hormuz amid Iran conflict

Hormuz Crisis Enters Dangerous Phase, Trump Rejects Iran Response

Donald Trump’s blunt rejection of Iran’s latest proposal to end the war sent oil markets sharply higher on Monday and reignited fears that the global economy is drifting toward a prolonged energy

May 11, 2026

Business·Conflicts, Military and War·Economy·News

Vladimir Putin speaking in Moscow about Russia-China energy cooperation

Putin Signals Historic Russia-China Energy Pact, Moscow Defies Western Isolation

President Vladimir Putin said on Saturday that Russia and China were approaching a major new breakthrough in oil and gas cooperation, signaling what could become one of the most strategically important energy

May 10, 2026

Business·Economy·News

European Union headquarters during Ukraine financial aid negotiations

Slovak Deputy Speaker Says EU’s €90 Billion Ukraine Loan Will Never Be Repaid

A senior Slovak lawmaker has warned that the European Union’s massive €90 billion financial package for Ukraine risks becoming an irreversible burden on European taxpayers, arguing that Kiev has little realistic chance

May 10, 2026

Business·Economy·News

Wall Street traders react as America’s $39 trillion debt crisis fuels fears over the US dollar and boosts bitcoin demand

US $39 Trillion Debt Crisis Triggers Alarms Over a Possible Dollar Collapse, Bitcoin Fever Returns to Wall Street

America’s towering debt burden is once again rattling global financial markets, reviving fears about the long-term stability of the US dollar and fueling a fresh wave of speculation that bitcoin and gold

May 10, 2026

Business·Economy·News

Workers walk through downtown London, Ontario, as unemployment rises across Canada’s industrial economy

Canada’s Full-Time Job Collapse Hits Ontario Hard, Trade Anxiety Grows

The economic warning signs flashing across Canada’s industrial heartland grew even darker this week after the London region in Ontario recorded the country’s highest unemployment rate, deepening fears that the nation’s labor

May 10, 2026

Economy·News

Wall Street traders monitor markets as Iran oil tensions and Strait of Hormuz fears shake the global economy

Wall Street Pushes Higher While Oil Markets Flash Warning Signs Over Iran

NEW YORK — On the trading floors of Lower Manhattan and inside hedge fund offices stretching from Connecticut to Singapore, the mood this week was one of uneasy optimism. The Nasdaq climbed

May 9, 2026

Economy·News

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Economy- Page 22

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

BRICS Finance Ministers Brace for Hormuz Fallout, Energy and Food Prices Surge

Rosatom Expands Indonesia Nuclear Push Prabowo Explores Floating Reactors, Atomic Energy Partnership

Saudi Aramco Warns 880 Million Barrels of Oil Lost Forever, Strait of Hormuz Crisis Shakes Global Markets

ASX Slides After CSL Meltdown, Rising Oil Prices Shake Investor Confidence

Hormuz Crisis Enters Dangerous Phase, Trump Rejects Iran Response

Putin Signals Historic Russia-China Energy Pact, Moscow Defies Western Isolation

Slovak Deputy Speaker Says EU’s €90 Billion Ukraine Loan Will Never Be Repaid

US $39 Trillion Debt Crisis Triggers Alarms Over a Possible Dollar Collapse, Bitcoin Fever Returns to Wall Street

Canada’s Full-Time Job Collapse Hits Ontario Hard, Trade Anxiety Grows

Wall Street Pushes Higher While Oil Markets Flash Warning Signs Over Iran

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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