Economy
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UK economy grows in Feb, shows signs of exiting recession
Britain’s economic output grew by 0.1 percent in monthly terms in February and January’s reading was revised higher, pointing to…
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Australia’s Qantas redirects Perth-London flights to avoid Iran airspace
Australian airline Qantas said on Saturday it would redirect its long-haul flights between Perth and London to avoid Iran’s airspace amid soaring…
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OPEC says oil needs close monitoring amid robust summer demand
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during…
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Oil swings near $90 with risk of Iran strike on Israel in focus
Oil cooled some of the previous day’s gains amid a choppy few days of activity as traders continue to watch…
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Lufthansa extends suspension of flights to Tehran, foreign ministers hold call
Germany’s Lufthansa extended a suspension of its flights to Tehran on Thursday with the Middle East on alert for Iranian retaliation for…
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IAEA calls emergency meeting on Zaporizhzhia nuclear plant targeted in Ukraine
The International Atomic Energy Agency said it will hold a special meeting Thursday on the Zaporizhzhia nuclear power station, Europe’s biggest,…
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Spain to scupper ‘golden visas’ for foreign real estate investors: PM
Spain will scrap the so-called golden visa program granting residency rights to foreigners who make large investments in real estate…
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Saudi Arabia’s economic diversification: Driving growth beyond oil
Saudi Arabia’s non-oil sector is experiencing a surge in activity, signaling a pivotal turning point in the Kingdom’s economic diversification…
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Solar eclipse: US solar energy to lose 30 gigawatts as moon shades panels
The US will lose more than 30 gigawatts of solar energy during Monday’s total eclipse — roughly the output of 30 nuclear…
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Iraq set to reopen own pipeline as Kurdish talks stall
Baghdad is repairing a pipeline that could allow it to send 350,000 barrels per day (bpd) to Turkey by the…
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