Worldwide

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

Apple Intelligence: What is it, and when can you use it

Here’s everything you should know about Apple Intelligence

China’s social logistics sector posts $18.62 trillion in first 5 months of 2024

Industrial product logistics increased by 5.7 percent year-on-year

Saudi Arabia encourages UK investors to enter Kingdom’s sports industry

The sports and entertainment industry in the Kingdom grew at an annual pace of 12 percent between 2018 and 2023

Britain’s GDP expands by 0.7 percent in Q1 2024, but long-term growth outlook remains fragile ahead of election

The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession

Chinese automakers set to capture 33 percent global market share by 2030: Report

By 2030, Chinese brands are likely to be dominant force around the world, selling nine million units outside China

Oil prices surge on fears of disruptions in Russia and Middle East, defying inventory build

Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel

Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank

Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions

OPEC fund approves $605 million in new development financing for over 14 countries

Fund approves $3 million grant to establish the OPEC Fund Food Security and Climate Adaptation Facility

Japanese yen tumbles to 160 against dollar, hitting 37-year low

The strong U.S. dollar is driven by expectations the Fed will keep rates high due to a robust economy

WTO’s $648 billion funding helps integrate developing economies into global trade

Africa and Asia are the main geographical destinations that receive 70 percent of Aid for Trade funding

Oil prices fall amid dollar strength; U.S. inventory build spurs demand fears

Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel

Oil prices dip amid lingering demand concerns, U.S. inventory build

Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel

What’s next for Tesla and Elon Musk after massive pay package vote

Shareholder approval means little for Elon Musk, say lawyers

Oil prices edge higher on hopes of summer demand surge, potential supply disruptions

Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,

Global air cargo rates hold firm on strong demand in Middle East, Asia: Report

Middle East and South Asia region witnesses the strongest growth with a 52 percent increase in rates and a 13 percent increase in tonnages

Oil prices dip as dollar rises, investors await key inflation data

Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel

Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report

Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023

Japan adopts digital system to screen visa-exempt travelers ahead of entry

The move aims to prevent illegal overstaying and enhance border security by screening visitors in advance

Asia’s developing economies home to 60 percent of world’s mega projects: Report

Total deals in West Asia increased to 94 in 2023 from 50 in 2022, with values growing by 32 percent to $57 billion

Oil prices poised for second consecutive weekly gain on improving demand, inventory declines

Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel

What is an ETF? Explaining exchange traded funds

ETFs are investment vehicles that track the performance of a specific market index, such as the STI or the S&P 500