Energy giant Shell (SHEL.L) announced on Thursday a significant 56% decrease in its second-quarter profit, bringing the figure down to $5 billion. This decline was primarily attributed to the drop

The Biden administration is attempting to precisely target U.S. export restrictions to China, according to Gina Raimondo, Secretary of Commerce, but regulations will cost businesses some income.

The specter of rising corporate debt defaults has long been disregarded by resilient credit markets, but now the fears are starting to materialize. Companies are facing downgrades to junk credit

China’s economic expansion during the second quarter of the year has displayed indications of fragility as both internal and external demand experience a downturn. The post-pandemic momentum has deteriorated swiftly,

German financial technology Fintec Firm Raisin, which aids savers in locating better rates, is wagering that the end of accessible, low-cost central bank funds would lead lenders to look for

New predictions offer a dismal picture for the upcoming general election, showing that Britain’s economic growth will lag the euro area next year and that inflation will remain persistently high.

According to U.S. Treasury Secretary Janet Yellen, the two countries are collaborating to create an investment platform to cut the cost of capital and boost private investment in order to accelerate India’s energy transition.

Most Asian monetary forms rose on Tuesday, while the dollar sank amid developing wagers that the U.S. Central Bank was near closing its rate climb cycle, with concentration additionally going

India’s foreign exchange reserves rose by $1.9 billion to $595.1 billion as of June 30, according to Reserve Bank of India data. Foreign currency assets increased by $2.5 billion, while

Spanish utility company Iberdrola (IBE.MC) has recently signed an exclusive agreement with Abu Dhabi’s Masdar to collaborate on the development of a significant offshore wind farm in the Baltic Sea,

Gallium and germanium exports from China are being restricted; according to Minister Rajeev Chandrasekhar, a new India is engaging with the international community to create supply chains that are more resilient.

China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.