Asian oil prices surge as buyers in Asia reportedly pay up to $286 per barrel, HSBC CEO says Asian oil prices spike as HSBC CEO Georges Elhedery warned that buyers …
warns
-
Business
EBRD Chief Economist Javorcik Warns Higher Energy Prices Will Persist
by Leo Müllerby Leo MüllerEBRD Chief Economist Javorcik Says Energy Prices Will Remain Elevated as Middle East Tensions Rise European economies face sustained pressure from higher energy prices, EBRD chief economist Beata Javorcik warns …
-
Business
Fertilizer price surge threatens German food costs, farmers’ association warns
by Leo Müllerby Leo MüllerFertilizer prices to rise in Germany as Strait of Hormuz tensions push up energy costs Strait of Hormuz unrest lifts oil and gas prices, driving fertilizer prices higher and raising …
-
Business
IEA warns of severe April energy disruption after Hormuz Strait blockade
by Leo Müllerby Leo MüllerGlobal energy markets brace as Hormuz Strait blockade deepens supply shock Major economies face tighter oil and gas supplies after the Hormuz Strait blockade disrupted shipments, the IEA warned, raising …
-
Business
European defense spending will not create tech hubs, Oliver Coste warns
by Leo Müllerby Leo MüllerEuropean defense spending debate shifts to labor rules as route to tech-led capacity At a Berlin conference, experts debate European defense spending, growth effects and proposals to loosen dismissal rules …
-
Business
IMF warns war in Iran will slow global growth and lift inflation
by Leo Müllerby Leo MüllerIMF Says War in Iran Dampens Global Growth and Raises Inflation Risks IMF warns the war in Iran will dent global growth and raise inflation risks, with energy shocks hitting …
-
Business
Automation and AI will not eliminate auto industry jobs, warns sociologist Butollo
by Leo Müllerby Leo MüllerAI and automation are reshaping work, but jobs won’t disappear, sociologist says Sociologist Florian Butollo warns that AI and automation are changing tasks and increasing workloads, yet they are not …
-
World
IEA cuts global oil demand forecast and warns of widening demand destruction
by anna walterby anna walterIEA demand destruction report cuts 2026 oil forecasts as Hormuz closure and US blockade squeeze supplies IEA demand destruction report slashes 2026 oil forecasts as Strait of Hormuz closure and …
-
Business
Chinese export controls drive Europe into greater rare earth dependence, EU chamber warns
by Leo Müllerby Leo MüllerChina export controls on rare earths deepen Europe’s dependence, industry warns China export controls on rare earths deepen Europe’s reliance, industry warns; EU firms call for urgent diversification of critical …
-
World
Philippines confirms cyanide on Chinese boats, warns reef and warship risks
by anna walterby anna walterPhilippines Says Cyanide Found on Chinese Boats Near Second Thomas Shoal, Warns of Marine Damage Philippine tests found cyanide on Chinese boats near Second Thomas Shoal; officials warn it could …