Piousbox

The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy

The bloc’s lawmakers have reportedly selected Qwant, formerly owned by Axel Springer, to reduce digital dependence on the US

The world is facing the biggest global energy supply shock on record, which will drive inflation and dampen economic growth globally

Both the EU and the IMF are reportedly making further funding conditional on specific fiscal reforms by Kiev

The ambitious plan could reportedly raise investor concerns over the billionaire’s competing roles across his businesses

The UAE says its decision is driven by “national interests” as Middle East tensions disrupt energy markets

Plans by Meta and Microsoft to cut up to 10% of staff reportedly come amid rising costs from heavy AI investments

A 25% jump in the ultra-wealthy ranks by 2031 is being “supercharged” by profits from artificial intelligence, consultancy Knight Frank has said

Daily fossil fuel import costs have exceeded $587 million since the Middle East escalation, the bloc’s energy chief Dan Jorgensen has said