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Europe Reworks Aviation Fuel Strategy as Middle East Disruptions Expose Supply Fragility 04/20/2026

Reuters: Meta plans to conduct mass layoffs in May 04/20/2026

Apple announces Tim Cook's retirement as CEO, effective September 1, 2026 04/21/2026

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Economics

Global economic growth forecast falls to 2.6%

The United Nations has lowered its global economic growth prediction to 2.6 percent. At a press conference on Thursday, UN cut its prediction for global economic growth in 2022 to 2.6 percent, according to UN Secretary-spokesperson General's Stéphane Dujarric. "The United Nations Conference on...

BlackRock's CEO Fink Believes Digital Currency Adoption Will Accelerate Due To Russia-Ukraine Crisis

Larry Fink, the CEO of BlackRock Inc., said on Thursday that the Russia-Ukraine crisis could hasten the adoption of digital currencies as a means of settling international transactions, as the conflict upends the last three decades' globalisation drive. Fink wrote to the world's largest...

Lloyd's Of London Sees Significant Claims Arising From The Ukraine Conflict

This year, Lloyd's of London will face significant claims relating to Russia's invasion of Ukraine, but the commercial insurance market leader indicated on Thursday that this will not result in insolvency concerns. Chairman Bruce Carnegie-Brown told Reuters that Lloyd's is asking its...

EU approves €500 million support for farmers

The EC has approved a support package of €500 million for farmers affected by the situation in Ukraine. The European Commission (EC) has approved a support package for EU farmers most affected by the conflict in Ukraine, the agency said. The size of the package of assistance to agricultural...

U.S. weekly oil inventories drop unexpectedly

U.S. oil inventories dropped unexpectedly for the week - down 0.6% to 413.4 million barrels. U.S. commercial oil inventories (excluding strategic reserves) decreased by 2.5 million barrels, or 0.6%, to 413.4 million barrels for the week ended March 18, according to a weekly review by the Energy...

US Withdraws Tariff On UK-Steel Imposed During Trump Presidency

The United States has agreed to reduce Trump-era tariffs on steel and aluminium shipments to the United Kingdom, eliminating a point of contention between the allies. The action comes after previous agreements with the European Union and Japan over the divisive taxes imposed by former...

UK Inflation Touches 6.2%, A 30-Year High, Due To Increase In Energy Costs

Inflation in the United Kingdom hit 6.2 per cent in February, the highest level since March 1992, as rising food, fuel, and energy prices exacerbate the country's cost-of-living crisis. The Consumer Price Index for February was higher than the 5.9 per cent annual rate expected by experts...

EU leaders plan joint purchases of gas and LNG

This week, EU leaders may agree on joint purchases of gas and liquefied natural gas (LNG), Reuters reports, citing a draft statement from the summit. "Member states and the commission will work urgently on cooperative purchases of gas, LNG, and hydrogen ahead of next winter," the agency noted,...

The EV Revolution Being Driven By 'Humble And Hidden' Auto Suppliers

Although the transition to electric vehicles may pose an existential danger to providers of combustion engines, auto parts companies like TE Connectivity face the problem of keeping up with demand. It creates the connectors that connect miles of wires in automobiles to everything...

Bitcoin And The Likes Are No More Anonymous Enough For Some Crypto Users

An increasing number of crypto users who are looking out for more secluded transactionsw think that bitcoin is just not anonymous enough for them. As bitcoin matures and moves closer to mainstream banking, a risky category of crypto dubbed as privacy coins has discreetly been making...