In September, India’s diesel exports to Europe likely reached an unprecedented peak. The surge in exports was driven by traders capitalising on strong profits in Western markets during a period of refinery maintenance, according to data from shiptrackers and trade sources quoted in a Reuters report.In September, Europe received between 1.3…
The European Union is planning to significantly raise tariffs on steel imports, proposing to hike the rate to 50%, a Bloomberg report said on Thursday.The proposed moves aligns the EU’s stance with the United States, which has already imposed heavy tariffs to counter overcapacity and dumping of cheap steel, particularly…
Russia’s drone incursions in Poland and Denmark in the past few weeks have raised alarms all across Europe, and now several nations on the continent are mulling over a ‘drone wall’ project.On Thursday, Lithuanian President Gitanas Nauseda asked the United Kingdom to join the ‘drone wall’ project and called it…
A tidal wave of optimism has swept across Asian markets, as a landmark partnership between the AI titan OpenAI and two of South Korea’s biggest companies sent the nation’s stock market soaring to a new all-time high. This powerful, tech-led rally has overshadowed a worrying inflation print and is part…
Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, according to a report from an ABC affiliate. No injuries were reported as a result of the incident.Video footage posted on the social media platform X, which appeared to…
A day of significant global developments is underway, as Thailand signals a major expansion of its cryptocurrency ambitions, a key Japanese bond auction flashes a warning sign to investors, and a powerful real estate boom takes hold in the heart of New York City.Here’s your one-stop stand to catch up…
Oil prices saw an increase on Thursday, recovering from three previous sessions of losses. This rise was attributed to the potential for stricter sanctions on Russian crude, which offset ongoing market concerns about oversupply.According to experts, prices are expected to remain in a range for the next few sessions ahead of…
A powerful and defiant wave of optimism has swept across European markets at the open on Thursday, with stocks surging as investors brazenly shrug off the political chaos of a US government shutdown. The investors have instead choose to focus on a potent cocktail of strong corporate earnings and the…
Tesco, Britain’s largest supermarket group, raised its full-year profit forecast on Thursday after a strong first half in which hot weather and competitive pricing helped it win market share from rivals.The group, which holds 28.4% of Britain’s grocery market, said it now expects adjusted operating profit for the 2025/26 year…
In September, India’s diesel exports to Europe likely reached an unprecedented peak. The surge in exports was driven by traders capitalising on strong profits in Western markets during a period of refinery maintenance, according to data from shiptrackers and trade sources quoted in a Reuters report.In September, Europe received between 1.3…