Central banks in major emerging economies continue to tighten their own policies, fearing not only a temporary rise in inflation but also a shift in inflation expectations away from established benchmarks. The Institute of International Finance (IIF) in Washington believes that inflation in most...

European stock indexes declined in September, showing the worst monthly dynamics since the beginning of this year, trading data showed. British FTSE 100 fell by 0.47% in September, French CAC 40 - by 2.4% and German DAX - by 3.63%. At the end of the third quarter the FTSE 100 rose by 0.7%, CAC 40 -...

Electric car makers from China are swooping into Europe, seeking to catch conventional automakers off guard and capture a piece of a market fueled by the continent's push toward zero emissions.   Nio Inc, one of a tiny number of rivals, will unveil its ES8 electric SUV in Oslo on Thursday,...

According to Refinitiv statistics, the amount of initial public offerings (IPOs) worldwide dropped in the third quarter of 2021 from their earlier frantic pace, but the number of public listings during the first nine months of the current year was still the most since the dotcom boom of...

Global oil demand will start to decline after 2035, OPEC expects. Long-term oil demand growth will be limited by the growing number of electric vehicles. Average annual growth in oil demand will slow significantly between 2030 and 2035, after which it will begin to decline, according to OPEC's...

Countries of the European Union committed to a joint EU-US agreement on technological collaboration on Wednesday, just in time for a critical transatlantic summit.   This move came after France threatened to veto the deal unless it was toned down, said reports quoting EU officials.  ...

China has been approached by the United States about decreasing its imports of crude oil from Iran, reported news agency Reuters quoting information from sources in the US and Europe. This move is aimed to put pressure on Iran to come to the negotiating table about the restoration of the 2015...

A paper shortage has occurred in the US due to a decline in paper production in North America during the coronavirus pandemic. A paper production crisis has hit US retailers, Bloomberg reports. According to the agency, some paper mills have switched to cardboard production to meet the increased...

The increasing prices of gas even as the winter is fast approaching in Europe is evidence that it is important for the European Union to develop a strategy for energy security for the long term, according to the president of Italy's Eni, La Repubblica.   Almost all of the natural gas as well...