Economy- Page 24

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

A hiring sign posted outside businesses in Cambridge Massachusetts as US job openings data surged in April 2026

US Job Openings Surge to 7.6 Million in April, Defying Iran War Fears — But Hiring Freezes

U.S. job openings jumped to 7.6 million in April, crushing forecasts, but gross hiring fell and quit rates dropped — a labor market that looks resilient on paper but is quietly holding

June 2, 2026

Business·Economy·News

SOCAR President Rovshan Najaf speaking at Baku Energy Week 2026 Azerbaijan energy deals

Azerbaijan Seals $7.5 Billion in Energy Deals With US, Turkey and Europe at Baku Forum

At the first Azerbaijan-US Economic Dialogue in Baku, SOCAR and Washington signed a critical minerals supply framework alongside gas deals worth billions with JP Morgan, Chevron, and Serbia.

June 2, 2026

Business·Economy·News

Emmanuel Macron speaking at the Choose France foreign investment summit at the Palace of Versailles June 2026

France Locks In Record €93 Billion in Foreign Investment at Choose France Summit

President Emmanuel Macron secured a record €93 billion in foreign investment pledges at the ninth Choose France summit in Versailles, with SoftBank alone committing €45 billion for AI data centres in northern

June 2, 2026

Artificial Intelligence·Business·Economy·News·Technology

US President Donald Trump during Iran nuclear deal negotiations, May 2026

Iran Holds the Strait, Trump Holds Nothing: The Hormuz Deal That Isn’t

Three weeks after Trump declared the Iran deal 'largely negotiated,' the memorandum of understanding remains unsigned, the Strait of Hormuz stays closed to most traffic, and Washington has no leverage it hasn't

June 2, 2026

Business·Conflicts, Military and War·Economy·Government and Politics·News

US President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House about Iran war ceasefire negotiations and oil markets

Trump Says He ‘Couldn’t Care Less’ if Iran Talks Collapse, Then Claims Negotiations Moving at ‘Rapid Pace’

President Trump told CNBC he 'couldn't care less' if Iran peace talks ended, only to post hours later that negotiations were continuing at a 'rapid pace,' as oil jumped nearly 5% and

June 2, 2026

Business·Conflicts, Military and War·Economy·Government and Politics·News

Gas station fuel pump as oil prices surge after Iran suspends US ceasefire talks

Iran Suspends US Talks, Threatens Hormuz Closure as Crude Surges 8% to $95

Tehran halted ceasefire negotiations with Washington on Monday, citing Israel's escalating Lebanon offensive, sending crude oil surging over 8% toward $95 a barrel and pushing Treasury yields sharply higher.

June 1, 2026

Business·Conflicts, Military and War·Economy·Government and Politics·News

BOTAS SOCAR signing Absheron gas agreement Baku Energy Week 2026

Turkey Signs 15-Year Deal for Azerbaijani Gas from Absheron Field, Eyes European Hub Role

BOTAS signed a 15-year agreement with SOCAR, TotalEnergies and ADNOC for 33 billion cubic meters of gas from Azerbaijan's Absheron field, starting 2029, as Turkey advances its energy hub ambitions.

June 1, 2026

Business·Economy·News

UK house prices fall May 2026 Nationwide House Price Index

UK House Prices Fall for First Time in 2026 as Iran War Drives Mortgage Costs Higher

UK house prices fell 0.6% in May, the first monthly decline of 2026, as the Iran conflict raised mortgage costs and sapped buyer confidence, Nationwide's latest index shows.

June 1, 2026

Business·Economy·News

Chinese delegation at OECD headquarters Paris trade talks 2026

China Gave Its Industries Up to Eight Times More State Aid Than Western Rivals, OECD Finds

A landmark OECD database tracking 525 manufacturers across 15 sectors found Chinese firms received three to eight times more government support than OECD peers between 2005 and 2024, with subsidies reaching $108

June 1, 2026

Business·Economy·News

Smoke rises from Beaufort Castle in southern Lebanon as Israeli forces advance and oil prices surge

Oil Jumps as Israel Seizes Beaufort Castle, U.S. and Iran Trade Strikes, Kuwait Hit by Drones

Oil futures surged more than 2% on Monday after Israel captured Beaufort Castle in southern Lebanon, the U.S. bombed Iranian radar sites in Goruk and Qeshm, and Kuwait scrambled air defenses against

June 1, 2026

Business·Conflicts, Military and War·Economy·News

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Economy- Page 24

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

US Job Openings Surge to 7.6 Million in April, Defying Iran War Fears — But Hiring Freezes

Azerbaijan Seals $7.5 Billion in Energy Deals With US, Turkey and Europe at Baku Forum

France Locks In Record €93 Billion in Foreign Investment at Choose France Summit

Iran Holds the Strait, Trump Holds Nothing: The Hormuz Deal That Isn’t

Trump Says He ‘Couldn’t Care Less’ if Iran Talks Collapse, Then Claims Negotiations Moving at ‘Rapid Pace’

Iran Suspends US Talks, Threatens Hormuz Closure as Crude Surges 8% to $95

Turkey Signs 15-Year Deal for Azerbaijani Gas from Absheron Field, Eyes European Hub Role

UK House Prices Fall for First Time in 2026 as Iran War Drives Mortgage Costs Higher

China Gave Its Industries Up to Eight Times More State Aid Than Western Rivals, OECD Finds

Oil Jumps as Israel Seizes Beaufort Castle, U.S. and Iran Trade Strikes, Kuwait Hit by Drones

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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