Worldwide

Oil prices stabilize as market monitors tropical storm Beryl, geopolitical developments

Brent oil futures for September delivery hovered around $85.72 per barrel

2024 will likely be the world’s hottest year as June temperatures hit record-high

Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average

China’s foreign exchange reserves reach $3.22 trillion by end of June 2024

The amount shrank by 0.3 percent compared to the previous month

Crypto theft loss doubles to $1.38 billion in first half of 2024: Report

Five incidents accounted for 70 percent of the total amount stolen so far this year

Global growth slows in June, remains second-strongest in over a year: PMI

Global price pressures remained high as cost pressures in the manufacturing sector countered the decline in the service sectors

Oil prices steady amid storm threat and demand concerns

Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel

China’s service trade soars to $415.6 billion in first five months of 2024, posting 16 percent growth

Exports amounted to approximately 1.22 trillion yuan, up 11 percent, while imports stood at 1.8 trillion yuan

Bitcoin hits four-month low, declines 8.06 percent to $54,215.42

Bitcoin has lost more than 21 percent since its record high of $73,803.25 in mid-March

Oil prices hold steady, on track for fourth straight week of gains as strong summer demand and supply concerns buoy market

Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel

Eurozone composite PMI drops to 50.9 in June as business growth slows sharply

A strong expansion in the dominant services industry failed to offset a further deterioration in manufacturing

Emissions spike 50 percent at Google as AI energy demands undermine sustainability targets

Data showed that Google's emissions increased 13 percent year over year in 2023

Oil prices slide as weak U.S. economic data raises demand concerns

Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel

Emerging economies set to dominate future agricultural growth over next decade: Report

India and Southeast Asian countries are projected to account for 31 percent of global consumption growth by 2033.

South Korea’s foreign reserves fall $620 million in June amid currency swap, bond payments

As of the end of June, the country’s foreign reserves stood at $412.21 billion

Economic growth stable but several risks could destroy ‘sandcastle economy’: Saxo Bank

Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024

Oil prices hold near two-month high as inventory draw offsets hurricane worries, dollar weakness

Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel

U.S. manufacturing PMI slips below 50 in June as demand remains subdued

This marked the 19th contraction in the manufacturing sector over the last 20 months

European Union says Apple’s App Store violates digital competition rules

Apple has stated that it will postpone implementing newly announced AI capabilities in Europe

Oil prices rise as demand optimism builds ahead of U.S. inventory report

Brent crude futures rose 2 percent to $86.41 per barrel

flydubai launches direct flights to two destinations in Iran

flydubai operates flights to more than 125 destinations

Renewable energy constitutes 44.7 percent of EU electricity production in 2023: Report

Electricity and gas bills decreased in the second half of 2023

Oil prices surge amid weaker dollar, rate cut bets

Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel