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Volkswagen not considering closing plants in GermanyGerman industrial union IG Metall and the works council of German car giant Volkswagen (VW) have denied rumors of possible closures of VW plants in Ge ...15.05.20261 539 -
Oil prices will fall rapidly after the opening of the Strait of HormuzUS Treasury Secretary Scott Besant believes that the resumption of full shipping in the Strait of Hormuz will very quickly reduce global oil prices to ...15.05.20262 386 -
The Hormuz Trap: Why Empty Storage Facilities Will Blow Up the Oil MarketIt's been two and a half months since the Strait of Hormuz was closed. At first glance, the world is gradually getting used to this new normal. Bu ...15.05.20263 551 -
The conflict over Iran has thrown the European chemical industry into crisisThe European chemical industry is in crisis amid the conflict in the Middle East, which has increased energy prices, reports the Financial Times (FT). ...15.05.20261 669
Record high costs for transporting goods from Asia to the Middle East
The cost of transporting goods from Asia to the Middle East due to the closure of the Strait of Hormuz has reached a record high of more than $ 4,000, ...
17.05.2026
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China and the US made a key decision on trade and economic relationsThe PRC and the US agreed to maintain stability in trade and economic relations and strengthen practical cooperation in various fields. This was state ...15.05.20261 697 -
The global food sector is under threat due to wars and complex geopoliticsFood security is under threat amid geopolitical conflicts and trade wars. This was stated by the Deputy Minister of Economy of the UAE, Abdullah Ahmed ...15.05.20261 076 -
Netherlands struggling to fill gas storageThe Netherlands is struggling to fill its gas storage ahead of the winter season due to a sharp rise in gas prices that began after the US-Israeli war ...14.05.20262 234 -
New Delhi government agencies to switch to remote work due to fuel shortageThe New Delhi government is introducing a two-day remote work regime for government employees as part of measures to save fuel, according to Chief Min ...14.05.20261 321 -
The world economy can only benefit from the US-China summitThe International Monetary Fund (IMF) believes that the talks between Chinese President Xi Jinping and US President Donald Trump in Beijing are benefi ...14.05.2026935 -
"Fundamental modernisation of the EU budget neededGerman Chancellor Friedrich Merz has called for a "fundamental modernisation" of the EU budget to strengthen Europe's position as an ind ...14.05.20261 102 -
Gold demand booms in IndiaIn India, people have been rushing to buy gold jewellery since the beginning of the week amid fears of a complete ban on its sale, The Economic Times ...14.05.20261 346 -
Orban: I have not left Hungary in the lurchFormer Hungarian Prime Minister Viktor Orban denied the new government's claims that they inherited a country in economic and social decline. On t ...13.05.20261 549 -
Milka is deceiving consumers with smaller chocolate barsThe Bremen District Court has ruled that Mondelez Deutschland has misled consumers by reducing the size of Milka chocolate bars in view of rising coco ...13.05.20264 147 -
Ghana wants to acquire Lukoil's stake in the offshore zone in the Gulf of GuineaThe authorities in Ghana are considering acquiring Lukoil's 38% stake in the Deepwater Tano Cape Three Points (DWT/CTP) offshore oil block in the ...13.05.20261 243 -
Fibank has completed the most significant international placement of a Bulgarian bank with two bond issues worth a totalFibank (First Investment Bank) has successfully placed two bond issues worth a total of 310 million euros on the international capital markets. The ...13.05.20265 211 -
Construction of Rheinmetall plant in Lithuania behind scheduleThe construction of an artillery ammunition plant, jointly implemented by Lithuania and the German defense company Rheinmetall, is behind schedule. Mi ...13.05.2026979 -
Britain nationalises iconic steelmakerThe British government will nationalise steelmaker British Steel. “I can announce that legislation will be tabled this week which will give t ...12.05.20262 825 -
It will take months for the market to recover, even if the Strait of Hormuz opens todayEven if the Strait of Hormuz opens today, it will take months for the market to recover. This was stated by Amin Nasser, CEO of Saudi Aramco, during a ...12.05.20261 701 -
Rheinmetall starts production of kamikaze dronesGerman defense company Rheinmetall has started production of kamikaze drones at its plant in Neuss, western Germany. “We are currently starti ...12.05.20262 029 -
Israel Spent Over $1 Million on Eurovision-Related InfluenceIsraeli authorities have spent at least $1 million to promote their artists and turn Eurovision into a tool for influence. Israel may also have manipu ...12.05.20261 936 -
The conflict in Iran led to high inflation in the USInflation in the US was registered at 3.8% in April, the highest level in nearly 3 years. The data were published by the relevant division of the US D ...12.05.20261 497 -
Fibank POS terminals have promotional conditions until September 30, 2026.Fibank (First Investment Bank) has launched a campaign for business clients “POS Premium“, which offers companies a number of advantages f ...12.05.20261 424 -
Iran has not reduced oil production since the beginning of the conflictDuring the 40 days of the armed conflict with the US and Israel, Iran has not reduced its oil production and has continued to export it, said Oil Mini ...11.05.20261 308 -
Global Crossing founder leaves $150 million in debtAmerican entrepreneur Gary Winnick, who founded the telecommunications company Global Crossing, left his family millions in debt after his death, The ...11.05.20262 867
