News

The underlying cause of these extraordinary rates is that although more oil is now leaving the Gulf via ships and pipelines than it was a few weeks ago, the journey to market has become riddled with inefficiencies. Miller describes the Strait of Hormuz specifically …

A leading American studies scholar at Fudan University in Shanghai said that by stabilizing relations with the United States, China gains the ability to concentrate more fully on its own domestic priorities.

This February, the Gulf war broke out just as Emaar was enjoying record profits. The company, widely regarded as a bet not just on Dubai's property market but on the emirate's entire economy, became the biggest loser on the local stock market, with its …

Despite their often unremarkable physical locations, these facilities represent vast financial value, and their owners are correspondingly eager to insure them against natural catastrophes, cyberattacks and numerous other potential risks. Premiums tied to data center projects are projected to rise from $11 billion today …

China's approach of flooding global markets with inexpensive cars, solar panels, minerals and other goods has long frustrated Western economies, including the United States, which have struggled to develop competitive domestic industries in the face of heavily subsidized Chinese competition. The issue has challenged …

Those elevated energy prices are expected to weigh on growth in 2027, which the OECD now projects will be slightly weaker than its earlier forecast. Should energy prices remain high through next year and an El Nino weather pattern damage agricultural harvests, the OECD …

The extensive hospitality carried a notable degree of irony, given that Trump's own Republican Party has repeatedly warned of a looming socialist threat should Democrats gain control of Congress in November's midterm elections, even as the president extended considerable warmth toward the head of …