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US stock market closes lower on Friday

VIX volatility index jumps 5.1%

20-08-2022, 01:48

Pharmacies ordered to pay $650m in Ohio opioids suit

A federal judge has ruled that America's three largest pharmacy chains must pay $650.5m (£539.8m) for helping fuel a painkiller crisis in two Ohio counties.

18-08-2022, 02:17

US and Taiwan announce formal bilateral trade talks

The US has announced that they will begin formal trade negotiations with Taiwan, weeks after a controversial visit by US House Speaker Nancy Pelosi.

17-08-2022, 11:31

Germany's economic sentiment down in August, still in negative zone

Experts expect further decline for already weak economic growth in Germany

16-08-2022, 23:42

Aramco reports 90% profit rise in 2022

Aramco's second quarter 2022 profits hit $48.4 billion compared to $25.5 billion in same period of last year

15-08-2022, 12:09

Tomato crisis in California as drought intensifies

Lack of adequate rainfall and rising fertilizer and labour costs have hit the California farmers hard

14-08-2022, 03:57

Global oil supply hits post-pandemic high in July

Surging oil use for power generation and gas-to-oil switching in Europe lifts oil demand growth trajectory for remainder of 2022 and into 2023

11-08-2022, 23:44

OPEC revises down oil demand forecast for 2022

Global oil supply in July increased by around 1.7M barrels per day compared to previous month

11-08-2022, 23:41

German Evonik substitutes LPG for natural gas at large Marl site

Energy supply at European sites is largely secured, even if Russia halts gas supplies, says company official

9-08-2022, 23:51