By Jonathan Saul LONDON (Reuters) - Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen's Houthis, leading industry groups said on Wednesday, after the sinking of a second ship. Iran-aligned Houthi…
Investing.com -- Oil prices edged higher Wednesday, with elevated tensions in the Middle East providing support after U.S. inventories rose more than expected. By 08:45 ET (12.45 GMT), the futures traded 0.2% higher at $80.90 a barrel…
Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the start of trouble in the second half…
Investing.com-- Gold prices drifted lower Wednesday in tight trading ranges, with the Juneteenth holiday in the U.S. limiting activity. At 07:30 ET (11:30 GMT), dropped 0.1% to $2,328.84 an ounce, while fell 0.2% to $2,343.20 an…
Investing.com - The major energy agencies have all recently made revisions to the likely oil balances this year and next, but they still point to the crude market tightening in the second half of 2024, according to UBS.These revisions…
The World Food Programme (WFP) will increase its food and nutrition assistance programme this month in West and Central Africa in hopes of reaching 7.3 million people as the June-August lean season is under way at a time when hunger…
By Yannis Souliotis and Renee Maltezou ATHENS (Reuters) - The Greek-owned Tutor coal carrier attacked by Yemen's Houthi militants in the Red Sea last week has sunk, salvagers confirmed on Wednesday. The Tutor was struck with missiles and…
The US Federal Trade Commission (FTC) has referred a complaint against TikTok and its Chinese parent company ByteDance over potential violations of children's privacy to the Department of Justice (DOJ).The FTC says its own investigation!-->…
and Median inflation continue to decline. This is not really a surprise; since early 2023 the clear direction has been to lower inflation. The debate has not been about whether inflation was heading higher or lower. The debate has been…
Investing.com -- U.S crude oil futures fell in post-settlement trading Tuesday after the American Petroleum Institute reported an increase in domestic crude stocks just as many are pinning their hopes for higher oil prices on a summer…