Monday, July 7, 2025
Economy
Fire at Iraqi oil refinery injures 13: official
Arbil (Iraq) (AFP) - A massive fire at an oil refinery in Iraqi Kurdistan injured at least 13 people including...
G7 to agree $50-bn Ukraine loan at Italy summit
Bari (Italy) (AFP) - G7 leaders were set to agree at an Italy summit Thursday on a new $50-billion loan...
Kenya to present budget with new tax hikes
Nairobi (AFP) - Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, alongside...
Why are Chinese electric cars in EU crosshairs?
Beijing (AFP) - The European Union said this week it would slap additional tariffs of up to 38 percent on...
US Fed holds interest rates, now sees just one cut this year
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one...
US Fed holds rates and pencils in just one cut this year
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one...
Brazil’s Lula defends oil exploration near Amazon River
Rio de Janeiro (AFP) - Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration...
Ford says to cut 1,600 more jobs at Valencia factory
Madrid (AFP) - US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory...
FedEx to cut up to 2,000 jobs in Europe
New York (AFP) - FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in...
US unveils sweeping sanctions targeting Russia over Ukraine war
Washington (AFP) - The United States announced a raft of new sanctions Wednesday aimed at constraining Moscow's war in Ukraine...
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