By Ahmed Rasheed and Sarah El SaftyAn economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq's aggressive push for a higher OPEC production quota, potentially placing it on a collision course with the producer bloc.The pressure from Baghdad adds to the…
Abu Dhabi, United Arab Emirates – Al Masraf (Arab Bank for Investment and Foreign Trade) has announced the launch of its new corporate identity, marking a new phase in its journey built on trust, expertise and long-standing relationships. The new identity reflects the Bank’s ambition to deliver pr…
Brazil's government on Monday unveiled another initiative aimed at renegotiating consumer debt, this time targeting borrowers who are up to date on their payments, as President Luiz Inacio Lula da Silva moves closer to an October re-election bid.
Zhambyl Region, Kazakhstan – Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today formally broke ground on its 1-gigawatt (GW) wind farm in the Zhambyl region of Kazakhstan.The wind farm is Masdar’s first renewable energy development in Kazakhstan and one of the larges…
June payrolls are likely to remain robust, but there are downside risks, Bank of America economists write. They expect Thursday's report to show 110,000 jobs added, a slowdown from May's 172,000, but still a healthy pace. BofA forecasts the unemployment rate steady at 4.3%. The economists warn that…
0938 ET - June payrolls are likely to remain robust, but there are downside risks, Bank of America economists write. They expect Thursday's report to show 110,000 jobs added, a slowdown from May's 172,000, but still a healthy pace. BofA forecasts the unemployment rate steady at 4.3%. The economists…
RAK Central, UAE - Colibri Views, the award-winning landmark by Major Developments in RAK Central, has now marked the formal commencement of its development journey, with the first visible steps of construction beginning to take shape. Marking this important moment was Patrice Evra, ex-Manchester U…
All dates are in local time Monday, June 29, 2026 Exp Prev Local/GMT/ET 1600/1900/1500 ARG Apr Economic Activity Economic Activity, M/M% +3.5% N/A COL Colombia: St…
Newly expanded pier adds two additional berths at world's largest cruise company's exclusive destination, supporting increased guest arrivals and operational flexibilityMIAMI, June 29, 2026 /PRNewswire/ -- Carnival Corporation (NYSE:CCL), the world's largest cruise company, today announced the succ…
South Africa’s 10-year government bond yield was around 8.36%, close to the lowest since mid-June, as investors monitored fresh developments in the Middle East, while also eyeing upcoming key domestic data.The US and Iran agreed to pause hostilities and allow commercial vessels to freely pass throu…
While the Fed is laser-focused on inflation, wage growth shouldn't be a concern, Oxford Economics writes. Rising energy prices have dented workers' real earnings growth, but with oil prices down sharply, that should start to ease soon. Oxford predicts average hourly earnings to rise 0.3% month over…
By Marcela AyresBrazil's government expects total spending as a share of gross domestic product to decelerate and end the year at around 19%, Treasury Secretary Daniel Leal said on Monday.Treasury data released earlier in the day showed the indicator rising steadily since mid-last year, reaching 19…
The euro could struggle to recover unless there is a significant improvement in eurozone economic activity data, Rabobank's Jane Foley says in a note. Changing levels of enthusiasm for the euro since last year have played an underestimated role in the movements of the euro-dollar exchange rate, she…
India has lifted restrictions on the sale of petrol and diesel imposed this month amid disruptions to global supply chains due to the war in the Middle East, the government said in an order on Monday.The restrictions will be lifted on July 1, it said.India had barred commercial fuel buyers from pur…
After three solid months, BofA Securities expects June payrolls to rise by a robust 110,000, supported by benign claims and strong ADP data. However, they see downside risks. May's surge in leisure and hospitality may have been driven by the World Cup or Memorial Day timing. If it was the latter, J…
Prospective future British Prime Minister Andy Burnham's plans to spread growth outside London and throughout U.K. regions must see money spent to boost local growth and not mean further costs on business, says Shevaun Haviland, director general of the British Chambers of Commerce. "It's crucial th…
LONDON (dpa-AFX) - UK mortgage approvals fell to the lowest since late 2023 in May, the Bank of England said Monday.The number of loans approved for house purchases decreased to 56,205 from 66,034 in April. This was the lowest level since December 2023 and remained well below the expected level of…
Provider-rated readiness intelligence shows 99% support connected-care benefits as Australia prepares for 1 July 2026 Share-by-Default requirements, while 92% report practical gaps in workflow, auditability, exception handling and vendor accountabilityNORTH SYDNEY, AU / ACCESS Newswire / June 29, 2…
The US dollar index eased to 101.2 from the 14-month high of 101.8 on June 24th as lower inflationary risks drove the market to scale back the magnitude of rate hikes expected by the Federal Reserve.US and Iran were set to resume peace talks after halting their recent attacks.This added continuity…
