EU Could Cut Gas Demand by 25% by 2030, Study Says

The European Union could reduce its natural gas demand by approximately 25% by 2030 if it…

AI Investment Boom Raises Financial Stability Concerns

BRUSSELS/SINGAPORE — Concerns are growing over the sustainability of the artificial intelligence (AI) investment boom, with…

Shein Reports $99M Loss Amid Rising Tariffs, IPO Challenges

Shein reported a $99 million loss for the first quarter of 2026, a significant decline from…

UK Millionaires Drop to Lowest Level Since 2008 Crisis

The number of millionaires in the UK fell to 442,000 in 2023, the lowest level since…

Libya Protests Threaten Oil Supply Amid Power Crisis

Anti-government protests in Libya escalated this week as demonstrators entered the Mellitah Oil and Gas complex,…

Spain’s Job Market Hits Record 22.8 Million with Low

Spain's labour market reached a record 22.8 million employed individuals in the second quarter of 2026,…

Man Group’s Assets Reach Record $253.6 Billion in H1 2026

Hedge fund manager Man Group reported a record $253.6 billion in assets under management (AUM) for…

Fed Likely to Keep Rates Unchanged Amid Iran Tensions

The Federal Reserve is expected to maintain its benchmark interest rate during its upcoming meeting this…

GSK to Cut Jobs in £1.9 Billion Cost-Cutting Plan

GSK announced on Tuesday it will implement a £1.9 billion ($2.5 billion) cost-cutting program aimed at…

India’s Industrial Output Grows 7.3% in June, Six-Month High

India's industrial output, as measured by the Index of Industrial Production (IIP), increased by 7.3% year-on-year…