'Fuel of the future': Gulf states bet on 'green' hydrogen
After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing "green" hydrogen as they try to transition their economies and ease the climate crisis at a stroke.
Global stocks down on weak Chinese data
Global stocks fell Tuesday after disappointing data from China deepened concerns over its economy, while strong US retail numbers and worries surrounding the American banking sector cast a pall on Wall Street.
Global stocks rise as US inflation inches up
Stock markets rose Thursday as highly anticipated official data showed that US consumer inflation inched up in July but held at a moderate level.
Oil prices rise to multi-month highs; mixed day for global stocks
Oil prices rose to a multi-month peak Wednesday in the wake of OPEC supply cuts while global stocks were mixed following disappointing China data.
Stocks waver on uncertain rate outlook
Concerns about further interest rate hikes weighed on stock markets Monday even as data pointed to economic fragility in the United States and Europe -- but Wall Street eked out gains to start the week.
Stocks markets extend losses on US credit downgrade
Major stock markets mostly slid further Thursday as traders moved out of riskier assets after Fitch stripped the United States of its top credit rating this week.
Stock markets mostly drop, dollar firms
US and European stock markets mostly fell on Tuesday as investors reacted to macroeconomic data and corporate earnings, while the dollar firmed.
Oil majors still profitabe even if super-profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.
Equities edge higher as inflation moderates
Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.
European stocks rally, Wall Street slumps on interest rate concerns
Stock markets had a mixed showing Thursday as European indices rallied while Wall Street slipped on concerns over interest rates.
Clean energy on agenda of Japan PM's pre-COP28 talks in UAE
Japanese Prime Minister Fumio Kishida on Monday discussed clean energy cooperation with top officials during a visit to the UAE, host of this year's UN climate talks.
Global stocks mixed after weak China data
Lackluster Chinese economic data weighed on equity markets in Europe and Asia Monday, while Wall Street stocks extended an upward swing ahead of major earnings.
Stocks climb, dollar sinks as Fed seen ending rate hikes
World stock markets rallied Thursday and the euro hit a 17-month dollar peak, after easing US inflation stoked hopes the Federal Reserve's long-running campaign of interest rate hikes could be near an end.
Stock markets jump as US inflation cools
Stock markets bounced on Wednesday as data showed US inflation cooled more than expected in June, raising hopes that the Federal Reserve will soon end its cycle of interest rate hikes.
Stocks struggle in subdued deals amid US holiday
Asian and European equities faltered Tuesday in muted trade, with Wall Street shut for the US Independence Day holiday.
Oil prices fall despite output cuts, equities wobble
Oil prices reversed into the red Monday on global growth concerns, despite fresh output cuts by key producers Saudi Arabia and Russia aimed at propping up prices.
Stocks diverge as US rally loses steam
Stock markets diverged Wednesday as a rally fueled by upbeat US economic data ran out of steam, but the dollar got a boost on rate hike comments.
Stocks push higher as investors track China, US data
Global stocks advanced Tuesday as China's growth reassurances and solid economic data in the United States helped reduce recession worries.
Global stocks mixed as central banks hike rates
Global stocks were mixed Thursday with European bourses falling after a clutch of central banks in Europe hiked interest rates again, while US equities shook off recent weakness.
Global markets drop as China stimulus hopes fade
Asian and European stocks fell into the red Monday as investors await more interest-rate decisions this week and fret over the lack of a stimulus plan to kickstart the Chinese economy.
Markets extend rally as US inflation data fans rate pause hopes
Asian investors pushed equities even higher Wednesday after data showed US inflation fell further last month, ramping up expectations the Federal Reserve will finally pause its interest rate hike campaign.
Stocks advance as markets focus on rate calls
Major stock markets mostly advanced Monday, with attention focused on central banks this week and their latest decisions over interest rates as inflation remains high.
Oil slips after Saudi-driven rally while equities edge higher
Oil prices slid Tuesday as dealers mulled the weak demand outlook after having rallied the previous day on output cuts from key crude producer Saudi Arabia.
Mixed day for global stocks as Saudi announcement lifts oil prices
Oil prices advanced Monday after key producer Saudi Arabia slashed output by a million barrels in a bid to prop up prices, while Wall Street stocks retreated from multi-month peaks.
Saudi Arabia slashes output further to boost oil price
Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.
Asian markets surge on Fed rate hopes
Wall Street and European markets ended with healthy gains, and Asia followed suit on Friday.
Stocks sink over US debt ceiling concerns
Wall Street extended losses while European stocks suffered their biggest single-day loss since March, after Asia had also closed in the red.
Stock markets down as traders weigh inflation, rate hikes
Most European indices closed down as well, including the FTSE 100 in London which dipped into the red after earlier gains.
Saudi Aramco banks lower $31.9bn after drop in oil prices
Last month, major oil producers led by Saudi Arabia announced a surprise output cut of more than one million barrels per day.
Oil dips 2% on economic woes and stronger dollar
Oil dropped 2% on Tuesday after two sessions of gains as deepening concerns of an economic slowdown and a stronger dollar outweighed hopes of higher Chinese demand and lower U.S.