The US has issued a license to India's state-run oil and gas firm ONGC to invest in Venezuela's oil sector. This will alleviate the sanctions constraints that had earlier restricted ONGC's activities in the nation, reports The Times of India. The US Treasury Department's Office of Foreign Assets...

Europe's bond markets are facing a more difficult environment as two pressures that had previously been treated largely as separate problems are increasingly reinforcing each other: governments are borrowing heavily while higher oil prices threaten to revive inflation. Recent market movements...

Europe’s increasingly severe heat and drought are changing the economic calculation for farmers, pushing climate resilience from a long-term environmental ambition toward an immediate business necessity. This year’s extreme weather has exposed the vulnerability of farming systems built around...

A majority of Americans believe President Donald Trump and his family have inappropriately profited from cryptocurrency since his return to the White House, according to a Reuters/Ipsos poll, revealing a growing problem for an administration that has made digital assets a central part of its...

The People's Bank of China (PBOC) has included eight additional banks in the list of approved entities for digital yuan transactions, increasing the total to 30. The updated list features Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of...

In France, the total damage from this summer's drought, encompassing both direct and indirect losses, may reach €10 to €15 billion, announced Ecological Transition Minister Monique Barbut at a crisis meeting, referencing an estimate from the statistical institute Insee. In response to an AFP...

China is establishing the only large-scale coal-to-gas (CTG) industry globally, considering it a strategic safeguard against supply interruptions due to geopolitical strains. A report by Rystad Energy indicates that no other nation has developed coal-to-gas production on a meaningful scale. China's...

A growing bipartisan demand for stronger government oversight of social media companies reflects a fundamental shift in the American debate over technology: the question is no longer whether social media is useful or entertaining, but whether companies should be allowed to determine the limits of...

Germany's automotive suppliers are entering a more difficult phase of the industry's transformation, with rising debt costs colliding with weaker profitability, expensive restructuring and intensifying competition from Chinese manufacturers. A new financial analysis of major German suppliers...