Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
386 stories · page 9 of 19
Divergence, source breadth, recency and a broader regional mix.
Business & EconomyIMF Warns Global Debt Nears Record Highs Amid Energy and AI Risks
Global public debt is approaching levels not seen since World War II, potentially exceeding 100 percent of global GDP, according to the IMF. The fund warns that high energy prices and risks associated with artificial intelligence investment add further pressure to the world economy.
3 min readTrust 42 · Craft 61 · Hype 41- Business & Economy · Latin America
US Negotiates Venezuelan Oil Field Stakes
The United States is in talks with Venezuela to acquire stakes in over a dozen oil fields. The agreement could significantly increase US strategic petroleum reserves, which have fallen to a 40-year low.
Latin America2 min readTrust 43 · Craft 95 · Hype 68 - Business & Economy · United States
RWE relinquishes US offshore wind leases in $1.22bn Trump administration deal
RWE U.S. Offshore agreed to abandon offshore wind projects off New York, California and Louisiana for $1.22bn, the latest in a series of federal buybacks totalling $3.9bn. The company will invest $1.2bn in Louisiana LNG and natural gas projects, while states plan legal challenges.
United States5 min readTrust 76 · Craft 95 · Hype 15 
Business & Economy · European UnionChina’s commerce ministry warns of resolute response to EU trade restrictions
China’s commerce ministry said it would give a resolute response if the EU moves ahead with restrictions on Chinese firms, referring to a joint EU document proposing a tool to combat unfair trade. The ministry listed anti‑discrimination probes, security investigations and foreign‑subsidy scrutiny as possible actions.
European Union3 min readTrust 78 · Craft 87 · Hype 15
Business & Economy · IndiaNew Zealand Parliament passes India free trade agreement bill
New Zealand's Parliament has passed legislation to implement its free trade agreement with India. The deal will eliminate or significantly reduce tariffs on approximately 95% of New Zealand's exports to India and includes a NZ$20 billion investment commitment.
India4 min readTrust 76 · Craft 95 · Hype 18- Business & Economy
BHV Department Store Placed in Judicial Reform
The Paris Economic Court has placed the BHV department store, SEGM BHV, into judicial reform. The move follows the management's admission of bankruptcy and aims to secure a recovery plan for the struggling retailer.
3 min readTrust 50 · Craft 60 · Hype 45 
Business & Economy · Asia-PacificSaudi Arabia and Singapore Sign Oil Storage Deal
Saudi Arabia and Singapore have agreed to a memorandum of understanding for storing Saudi crude oil in Singapore's Jurong Rock Caverns. The arrangement, set to begin in the second half of 2027, aims to bolster Singapore's energy security and the resilience of Saudi crude supply in Southeast Asia.
Asia-Pacific3 min readTrust 86 · Craft 95 · Hype 12
Business & Economy · United KingdomHeineken warns UK pubs GLP-1 drugs may reduce beer sales
Heineken has presented a document to UK hospitality customers warning that the growing use of GLP-1 weight-loss drugs could reduce beer sales. The company advised venues to adapt by promoting half-pints and low-alcohol drinks.
United Kingdom3 min readTrust 74 · Craft 95 · Hype 25
Business & Economy · Middle EastTrump predicts oil prices below $2 per gallon after Iran conflict win
Donald Trump has predicted that oil prices could fall below $2 per gallon if the United States wins a conflict with Iran. The statement comes amid heightened tensions in the Middle East and warnings from both sides.
Middle East3 min readTrust 68 · Craft 87 · Hype 55
Business & Economy · European UnionGerman industrial orders up 3.1% in June after May revision
German factory orders rose 3.1% in June from May, the federal statistics office reported, exceeding forecasts. The increase followed a downward revision of May’s growth to 0.3%. Mechanical engineering and electronics led the rise, though orders excluding large contracts fell.
European Union4 min readTrust 86 · Craft 95 · Hype 25
Business & Economy · Latin AmericaVenezuela expects $76 billion in oil investments
Venezuela anticipates attracting nearly $76 billion in oil investments over the next five years, according to acting President Delcy Rodriguez. Agreements include plans for 250 drilling rigs and cover 17 oilfields.
Latin America2 min readTrust 70 · Craft 87 · Hype 12
Business & Economy · IndiaGlobal oil reserves near critical low, executives warn
Global oil reserves have dwindled to less than 6 billion barrels of usable stock, industry executives warned at a London forum. This depletion, driven by ongoing conflicts and increased demand, has made the market more fragile and is putting upward pressure on prices.
India3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · Middle EastOil Prices Rise Amid Middle East Attacks and Diplomatic Setbacks
Oil prices surged on Monday, with Brent crude reaching $107.51 per barrel and WTI crude at $102.32. Attacks by Houthi rebels on Saudi Arabia and incidents in the Strait of Hormuz contributed to the rise, alongside the postponement of a meeting between Iran and Persian Gulf powers.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesCongress votes to close hemp THC loophole, impacting $28B market
Congress has voted to close a federal loophole that allowed a multibillion-dollar market for intoxicating hemp products to flourish. The ban, delayed to December 11, threatens billions in revenue and thousands of jobs, with the industry seeking to mitigate the impact.
United States4 min readTrust 42 · Craft 59 · Hype 41
Business & Economy · ChinaFord CEO Jim Farley warns US on Chinese automakers, citing Europe
Ford CEO Jim Farley has warned the US to carefully consider the entry of Chinese automakers into the American market, citing Europe's current struggles with Chinese imports as a cautionary tale. He noted that while it may be too late for Europe, the US still has time to act.
China3 min readTrust 60 · Craft 60 · Hype 20
Business & Economy · United StatesGerman firms cut US investment to €4.3bn in first half of 2026, lowest since 2023
German companies reduced direct investment in the United States to €4.3 billion in the first half of 2026, a near-80% decline from 2024. The German Economic Institute attributed the drop to uncertainty under Trump administration trade policies, though reinvested earnings suggest the US remains attractive.
United States4 min readTrust 96 · Craft 95 · Hype 15
Business & Economy · United StatesFederal Reserve leaves rates unchanged as Chairman Warsh rejects political influence
On 28 October 2026 the Federal Reserve kept its benchmark rate steady. Chairman Kevin Warsh told reporters politics played no role in the choice, warned that upcoming inflation numbers may rise, and noted the timing ahead of the U.S. midterm elections.
United States2 min readTrust 50 · Craft 95 · Hype 25
Business & EconomyRoche Halts Future Investment in Germany Over Cost-Cutting
Swiss pharmaceutical giant Roche is reviewing all future investments in Germany, with new projects put on hold. The company's Germany chief cited government healthcare cost-cutting policies and austerity measures as reasons for destroying confidence.
2 min readTrust 30 · Craft 45 · Hype 41
Business & EconomyPolymarket users lose funds after security breach
Polymarket users reported losing funds after a security breach involving malicious code on the company's website. The platform halted trading, identified a compromised third-party provider, and has promised to refund all affected users.
3 min readTrust 50 · Craft 60 · Hype 41
Business & Economy · Middle EastUS Threatens Indefinite Iran Blockade as Oil Prices Rise to $87.49 per Barrel
The US warned it may maintain a naval blockade of Iran indefinitely as ceasefire talks failed, pushing Brent crude to $87.49 per barrel on 14 August 2026. Two Adnoc ships were attacked in the Strait of Hormuz, and the IEA reported global oil supply fell 6.3 million barrels per day year-on-year.
Middle East4 min readTrust 70 · Craft 61 · Hype 25
