British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records began in 1997, according to a survey released on Wednesday. Data from S&P Global showed that the UK Construction Purchasing Managers’ Index (PMI) measure of input cost inflation jumped to 70.5…
Global markets are beginning the day in a difficult spot, caught between rising geopolitical tension and a few encouraging…
Governments across South Asia are introducing emergency fuel rationing measures as the US-Israeli military campaign against Iran threatens to…
Every day the Strait of Hormuz stays closed, the global economy absorbs a cost that no military briefing fully…
Pakistan will repay a $3.5 billion loan to the United Arab Emirates this month, two government officials said, raising…
Despite scorching summers and rising temperatures across India, air conditioner makers like Voltas and Blue Star have struggled to…
US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an…
Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity…