TLE DESK: Sri Lanka has increased the price of cooking gas by up to 23 per cent, as authorities grapple with rising global energy costs […]
Category: Economy
Iran escalates attacks after Trump’s warning over Strait of Hormuz
TBT DESK: launched fresh missile and drone attacks across the Middle East on Monday, while warning of “devastating” retaliation following strong remarks by US President […]
White House seeks $1.5 tn defense budget as Iran war drives costs
TLE DESK: US President Donald Trump asked lawmakers on Friday to approve a massive $1.5 trillion defense budget for 2027, as the United States faces […]
China’s Exports Slip 1.1% in October as Shipments to US Plunge 25%
China’s exports fell 1.1% year-on-year in October, dragged down by a sharp 25% drop in shipments to the United States, according to official customs data […]
Germany’s US exports hit four-year low as tariffs bite
TLE DESK: German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President Donald Trump’s tariffs […]
Tough negotiations and uncertainty ahead of OPEC+ meeting
TLE DESK: Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their […]
EU ban impact: India’s diesel exports to Europe skyrocket; 137% surge in August shipments
TLE DESK: The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s diesel shipments […]
Italy’s MPS reaches threshold in bid for rival Mediobanca
TLE DESK: Italian bank Monte dei Paschi di Siena (MPS) has completed the first stage of its attack on rival Mediobanca, as it seeks to […]
Judge overturns Trump funding cuts to Harvard
TLE DESK: A US judge ordered the Trump administration on Wednesday to overturn deep funding cuts to Harvard University that froze more than $2 billion […]
Asia markets down as gold hits fresh high
TLE DESK: Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe havens following […]