businesspick

It’s tempting to dismiss the decision by the OPEC+ group to cut crude oil production by 100,000 barrels per day (bpd) in October as a statistical insignificance that will likely …

Abundant rice supplies in key exporters may largely offset an expected drop in output after floods in Pakistan and severe heatwave in China damaged crops, capping any gains in prices …

Oil prices edged lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a …

The hit to the euro zone economy and its currency from a deepening energy crisis is so severe that more aggressive monetary tightening from the European Central Bank will do …

OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic slowdown. The oil producers …

The Federal Government has suspended the introduction of five percent excise duty in the digital economy sector, a tax which was earlier proposed by the Minister of Finance. The Minister …

European gas prices surged, share prices slid and the euro sank on Monday after Russia stopped pumping gas to Europe via a major supply route, sending a new tsunami through …

Japan’s Toyota Motor Corp will suspend some evening shifts at three plants in western Japan due to an approaching typhoon, it said on Monday. Toyota will suspend Monday night shift …

Britain’s competition regulator finally cleared NortonLifeLock’s (NLOK.O) acquisition of British rival Avast (AVST.L)on Friday, saying the security software market would remain competitive after the $8.6 billion merger of two of …

The Nord Stream 1 pipeline that transports Russian gas to Germany will undergo further maintenance, Gazprom said on Friday after scrapping a Saturday deadline to resume flows, deepening Europe’s difficulties …