Economy

Oil refinery blaze hits Cuba as fuel crisis deepens

A fire at an oil refinery in Cuba has been brought under control quickly, as the country faces a deepening…

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Inflation eases in US as prices for used cars fall

Inflation in the US cooled last month as prices for energy and used cars fell. The consumer price index rose…

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Caturus signs 20-year LNG supply deal with Saudi Aramco

US gas producer Caturus said on Friday its unit, Commonwealth LNG, signed a 20-year agreement to supply 1 million tons per annum…

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US allows oil majors to resume Venezuela operations, broadly okays new energy investments

The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to…

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US adds Alibaba and others to list of firms allegedly aiding China’s military

The Trump administration on Friday added some of China’s biggest companies, including Alibaba and Baidu, to a list of firms…

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US jobs see surprise growth in January after weak 2025

Job growth in the US picked up last month, gathering pace after the weakest year for new jobs since the…

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Saudi, US firms to partner on northeast Syria energy project

Two Saudi and three US-based firms are set to form a consortium for oil and gas exploration and energy production…

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Gold falls again as traders take profits after two-day bounce

Gold fell after a two-day gain, as investors took profits in a choppy market that’s still trying to find clear…

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US to exempt some Bangladeshi clothes from tariffs

Bangladesh has secured exemptions for some clothes and textiles that are made with US-produced materials, as part of a new…

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Instagram and YouTube owners built ‘addiction machines’, trial hears

The world’s largest social media companies have been accused of creating “addiction machines” as a landmark trial began in California…

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