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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

by Economy Desk

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow

June 18, 2026

by Economy Desk

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Electronic Arts has launched EA Advertising, a platform that lets brands buy dynamically served placements inside

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on

SPIEF 2026 delegates exhibition hall St Petersburg Russia Africa Summit October 2026 Moscow trade

Russia Sets Economic Agenda for Third Africa Summit as Moscow Seeks Trade Parity at SPIEF 2026

Russia's Foreign Ministry confirmed at SPIEF 2026 that the October Moscow summit will center exclusively on trade and investment, even as analysts note Moscow's economic footprint in Africa remains a fraction of

June 4, 2026

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

A hiring sign displayed at a restaurant in Morton Grove Illinois as US weekly jobless claims hit 225000 highest since February 2026

US Jobless Claims Hit Four-Month High of 225,000 as Employers Post Jobs But Refuse to Hire

Initial unemployment filings surged to 225,000 last week, the highest since February, as American employers posted a near two-year record of 7.6 million job openings while slashing their actual hiring — a

June 4, 2026

Business·Economy·News

Russia natural resources minister rare earth deposits licensing SPIEF 2026 St. Petersburg

Russia Has Issued 12 of 18 Rare Earth Licenses — Six Deposits Still Await Investors, Kozlov Says at SPIEF

Russia has licensed 12 of its 18 rare earth deposits on the state balance sheet, but six remain unallocated — waiting for investors to trigger state auctions, Natural Resources Minister Alexander Kozlov

June 4, 2026

Business·Economy·News

Kevin Warsh takes oath of office as Federal Reserve Chairman at White House ceremony, May 22, 2026

IMF Warns US Inflation Relief Delayed to 2027 as Tariffs and Oil Keep Prices Elevated

The IMF told reporters Thursday that the American economy is growing at around 2 percent but faces a compounding inflation problem — trade tariffs pushing up goods prices from one direction and

June 4, 2026

Business·Economy·News

IMF Director for Middle East and Central Asia Jihad Azour speaks at press conference on regional economic outlook, Washington April 2026

IMF Warns Europe Gasoline Up 40%, Jet Fuel Up 35% Since Iran War Began

The IMF's Julie Kozack said Thursday that European gasoline prices have risen 40% and jet fuel 35% since the Iran war began, as oil product reserves approach critically low levels. The Strait

June 4, 2026

Business·Conflicts, Military and War·Economy·News

IMF Asia and Pacific Department director Krishna Srinivasan speaks on regional trade integration and economic outlook at press conference Washington DC

IMF Urges Countries to Pursue Regional Trade Integration as Global Trade Order Fractures

The IMF's Julie Kozack told reporters on Thursday that global trade has been fundamentally reconfiguring over 18 months, urging countries to seize untapped regional integration opportunities before the new economic geography hardens

June 4, 2026

Business·Economy·News

IMF official speaks on global growth downgrade and Middle East energy shock at 2026 Spring Meetings Washington

Novak Warns Global Growth Downgrades May Be Too Optimistic If Middle East Conflict Drags On

Russia's deputy prime minister told the St. Petersburg forum on Thursday that the 0.3-percentage-point cuts major agencies have already made to global growth forecasts could deepen significantly if the Middle East conflict

June 4, 2026

Business·Economy·News

Black smoke rises over the port of St. Petersburg as the SPIEF 2026 economic forum opens

Russia’s Dmitriev Says Germany’s ‘Sensible Forces’ Know Nord Stream Must Be Restored

Russia's RDIF chief Kirill Dmitriev said at SPIEF 2026 that pragmatic forces across Germany's political establishment understand Nord Stream pipelines must be restored — broadening Moscow's pitch beyond the AfD fringe as

June 4, 2026

Business·Economy·News

Saudi Arabia Energy Minister Prince Abdulaziz bin Salman speaks at OPEC International Seminar in Vienna Austria 2023

Russia-Saudi Energy Ties Reach Strategic Level, Dmitriev Says at SPIEF as Abdulaziz Meeting Planned

Kirill Dmitriev, Russia's presidential envoy for economic cooperation, told reporters at SPIEF 2026 that the Russia-Saudi energy partnership has reached a 'powerful strategic level' — a striking admission from the man who

June 4, 2026

Business·Economy·News

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Business- Page 25

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

Russia Sets Economic Agenda for Third Africa Summit as Moscow Seeks Trade Parity at SPIEF 2026

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

US Jobless Claims Hit Four-Month High of 225,000 as Employers Post Jobs But Refuse to Hire

Russia Has Issued 12 of 18 Rare Earth Licenses — Six Deposits Still Await Investors, Kozlov Says at SPIEF

IMF Warns US Inflation Relief Delayed to 2027 as Tariffs and Oil Keep Prices Elevated

IMF Warns Europe Gasoline Up 40%, Jet Fuel Up 35% Since Iran War Began

IMF Urges Countries to Pursue Regional Trade Integration as Global Trade Order Fractures

Novak Warns Global Growth Downgrades May Be Too Optimistic If Middle East Conflict Drags On

Russia’s Dmitriev Says Germany’s ‘Sensible Forces’ Know Nord Stream Must Be Restored

Russia-Saudi Energy Ties Reach Strategic Level, Dmitriev Says at SPIEF as Abdulaziz Meeting Planned

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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