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European officials to talk about energy price cap amid skyrocketing costs
The European Commission is currently seeking to find options to cap energy prices and reduce electricity demand on…
Eni planning 10-GW solar, wind projects in Egypt
Eni could carry out solar and wind power projects with a total capacity of 10 GW in Egypt in the coming years, Eni…
Gold jumps, dollar retreats
Gold jumped 1 percent on Friday as the dollar retreated after U.S. jobs data came mostly in line with expectations.
IMF temporarily approves $2.9 billion loan to Sri Lanka
Sri Lanka has reached an initial loan agreement with the International Monetary Fund (IMF) about $2.9 billion, the…
Oil declines as China lockdowns stoke demand fears
Oil prices declined on Thursday, as new Covid-19 lockdown measures in China added to worries that high inflation…
UK house price surges – Nationwide says
UK house average price stands at £273,751 ($316,487) up from £271,209 in July as it represents an increase of…
China to hold historic political meeting on Oct. 16
China's leaders will convene in Beijing on October 16 for the 20th National Congress of the Chinese Communist Party…
Gold declines against stronger dollar, rate hike worries
Gold prices declined to a more than one-month low on Thursday, as the dollar firmed.
Egypt succeeds in refloating Affinity V oil tanker after briefly blocking Suez Canal
Tug boats refloated oil tanker Affinity V that was briefly stranded in Egypt's Suez Canal late on Wednesday due to…
Snap is Cutting 20% of its staff
Snap Inc. is going to lay off about 20 percent of its nearly 6,500 employees following weeks of planning, the Verge…