Tuesday, August 4, 2026
Economy
Bali flights cancelled after Indonesia volcano eruption
Jakarta (AFP) - Dozens of flights to and from Indonesia's resort island of Bali were cancelled on Wednesday, according to...
EU chief says pressure off for lower Russia oil price cap
Kananaskis (Canada) (AFP) - EU Commission Chief Ursula von der Leyen on Tuesday said surging energy prices have reduced the...
Spain says ‘overvoltage’ caused huge April blackout
Madrid (AFP) - A major power outage that paralysed the Iberian Peninsula in April was caused by "overvoltage" on the...
Trump says EU not offering ‘fair deal’ on trade
Washington (AFP) - US President Donald Trump said Tuesday that the European Union had yet to offer a "fair deal"...
UK automakers cheer US trade deal, as steel tariffs left in limbo
London (AFP) - Britain's auto sector on Tuesday welcomed news that the United States and UK have agreed to implement...
Global oil demand to dip in 2030, first drop since Covid: IEA
Paris (AFP) - Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the...
US retail sales slip more than expected after rush to beat tariffs
Washington (AFP) - US retail sales declined more than expected in May, government data showed Tuesday, dragged by a slowdown...
Why stablecoins are gaining popularity
London (AFP) - Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US...
Bank of Japan holds rates, will slow bond purchase taper
Tokyo (AFP) - The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of...
Ecuador pipeline burst stops flow of crude
Quito (AFP) - Ecuador's state energy company said it stopped pumping oil through the country's main pipeline Monday due to...
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