Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
The sharp rise in government bond yields is increasing debt-servicing costs across the Group of Seven, adding pressure to public finances already strained by historically high levels of borrowing. The United States
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Russia has extended its ban on diesel exports until September 30 as the government seeks to stabilise the domestic fuel market amid persistent shortages and disruptions to refinery operations. The ban, announced
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Venezuelan interim President Delcy Rodriguez said on Saturday that an energy agreement with the United States would remain in force for 25 years, setting an initial target of more than 1.5 million
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European central bankers left their annual meeting with US counterparts in Jackson Hole, Wyoming, far from reassured about the future of long-standing norms in global financial cooperation, according to sources familiar with
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Anthropic is preparing for a potential stock market debut in the autumn and is reportedly approaching investors with an extraordinary proposition: the future market for artificial intelligence could be worth more than
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The US government is facing a growing warning from bond markets as investors demand increasingly high returns to lend money to the world’s largest economy. At a recent auction of 30-year US
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At the edge of Szeged in southern Hungary, a new industrial presence is taking shape. Dozens of Chinese construction workers walk or cycle towards a supermarket beside a sprawling construction site, where
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German Chancellor Friedrich Merz has formed an alliance with the leaders of Denmark, Finland, the Netherlands, Austria and Sweden to oppose a major expansion of the European Union’s long-term budget, arguing that
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More than 200 tonnes of jellyfish have accumulated around the cooling-water systems of France’s largest nuclear power station, forcing operators to shut down two reactor units and reduce the output of two
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Meta, the digital company behind Facebook and Instagram, has reached a multibillion-dollar settlement with numerous US states over allegations concerning the dangers its social media platforms pose to children and teenagers. Under
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