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Business
Iran Rial Hits Record Low as US Readies New Sanctions
Iran’s rial hit a record low of more than 2 million per US dollar on the open market on August…
Norway Barents Sea Drilling to Continue Through 2035
Norway will continue Barents Sea drilling and oil and gas development despite European Union support for restrictions on new Arctic…
Europe Gas Prices May Top €100/MWh, Goldman Says
Europe gas prices may need to exceed €100 per megawatt-hour in December 2026 to rebuild winter inventories, Goldman Sachs Group…
Oil Prices Fall Over 1% Ahead of New US Iran Sanctions
SINGAPORE: Oil prices fell more than 1% on Monday, August 24, as investors took profits ahead of expected new US…
Paris Clothing Stores Fall 63% as Sportswear Shops Rise
Paris clothing stores have fallen by 63% in number since 2002, while sportswear outlets have increased by 67%, according to…
WEF Presidency: Lagarde Signals Readiness for 2027 Role
ZURICH: European Central Bank President Christine Lagarde could assume the WEF presidency in 2027 after indicating that she was “ready…
Oil Prices Rise as Iran Sanctions Threat Lifts Supply Concerns
Oil prices rise as crude futures gained on Friday after US President Donald Trump threatened economic sanctions against Iran’s trading…
Gold Prices Rise as Futures Hit $4,680 on Weak Dollar
Gold prices climbed this week, with US futures settling at $4,680.60 per ounce and spot gold reaching $4,623.94, as a weaker dollar…
US-Mexico Trade Deal Talks Starting, Trump Says
WASHINGTON: President Donald Trump said the United States was starting work on a new trade deal with Mexico, describing the…