The European Union plans to ease compliance for companies under its methane emissions law on oil and gas imports. This change could boost US gas exports to the EU, following pressure from the Trump administration for an amendment to the policy.Starting this year, the European Union has implemented a significant regulatory…

Bitcoin price has surged back to the $90,000 zone, but traders warn that a mix of stretched long positions, brittle macro catalysts, and mixed ETF flows could turn today’s rally into a deeper retracement.The world’s largest cryptocurrency has become a macro-sensitive asset, and the $90,000 level may prove to be…

Asian markets opened higher on Friday, tracking overnight gains on Wall Street, even as renewed weakness in Oracle shares added fresh pressure to the technology sector. Investors continued to navigate shifting expectations around US monetary policy, concerns over AI-driven spending cycles, and several major corporate and policy developments shaping global…

In a major intervention to safeguard industrial jobs, Prime Minister Anthony Albanese announced a rescue effort on Friday to prevent the closure of Australia’s largest aluminium smelter, the struggling Tomago facility majority-owned by Rio Tinto, after its current power contract expires in 2028.Tomago Aluminium, which employs over 1,000 full-time staff…

Lululemon Athletica shares surged nearly 11% in after-hours trading on Thursday after the retailer reported stronger-than-expected third-quarter results and said Chief Executive Calvin McDonald will step down early next year.Revenue rose 7% from a year earlier to $2.6 billion, exceeding Wall Street estimates of $2.48 billion. Adjusted earnings of $2.59…

The UK economy slipped back into contraction in October, heightening concerns that Chancellor of the Exchequer Rachel Reeves’ first budget has dampened momentum at a delicate moment for growth. Fresh monthly data showed broad weakness across key sectors, underscoring the challenges facing policymakers ahead of the Bank of England’s final…

‘Tempus fugit, ’ as we cry out at closing time in my local Wetherspoons. We’re already more than a quarter of the way through December and speeding at full throttle towards year-end. Where has the time gone? The Federal Reserve has just held its last meeting of 2025 and cut…

In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude cargoes leaving port. That is why a single ship seizure can feel like a national budget event. This week, the US made the shipping lane the front line again, and…

Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations. This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the completion of maintenance work at several refineries.Despite the…