Russia’s federal budget revenues from the oil and gas industry showed a significant increase to 4.2 trillion rubles ($45.7 billion) in the January-April 2024 period, 82.2% higher than in the same period last year, the country’s Finance...
photo: AP / Markus Schreiber
Sydney, May 13 (BNA): Asian shares eked out a 15-month high on Monday in a week when inflation figures could either support or undermine expectations for earlier U.S. rate cuts, while Chinese activity data will test optimism about a sustained recovery in the world's No. 2 economy. Beijing has...
photo: AP / Eugene Hoshiko
By Anthony King A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr John Abou-Rjeily, a researcher at Tiamat Energy in France, is using sodium to develop rechargeable batteries. Sodium is a part of sodium chloride, an ionic compound that...
photo: Creative Commons / Arria Belli
photo: Creative Commons / Bank of England
photo: Creative Commons / Alex Proimos
Toyota has reported record profit and sales figures on the back of the weak yen and strong demand for hybrid vehicles. The Japanese car giant said on Wednesday that it netted a record profit of 4.94 trillion yen ($31.9bn) in the year to March on revenues of 45.1 trillion yen, double the previous...
photo: Creative Commons / Gennady Grachev
The United States has revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies. Some companies were notified on Tuesday that their licenses were revoked effective immediately, according to one person...
photo: AP / Mark Schiefelbein
Thus far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according to a new analysis by Bloomberg Intelligence (BI) and...
photo: AP / Marta Lavandier
