- Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer marketson April 4, 2025 at 9:26 am
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.
- El-Erian says U.S. recession risks are now 'uncomfortably high'on April 4, 2025 at 8:35 am
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.
- Dow futures fall after tariffs push market to biggest losses since 2020: Live updateson April 4, 2025 at 8:23 am
The three major indexes are on track to end the week down after Thursday's steep drop.
- BP chair Helge Lund to step down after oil major pledges strategic reseton April 4, 2025 at 7:31 am
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.
- AI could affect 40% of jobs and widen inequality between nations, UN warnson April 4, 2025 at 6:42 am
Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.
- The biggest winners and losers in Europe as Trump announces sweeping tariffson April 4, 2025 at 5:40 am
Global markets and businesses were thrown into disarray by U.S. President Donald Trump's tariff announcements on Thursday.
- South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from officeon April 4, 2025 at 4:09 am
This starts a 60-day countdown where an election must be held to select the next president.