Economics

Even if oil hits $150 a barrel J.P. Morgans Marko Kolanovic predicts stocks will reclaim 2022 highs

J.P. Morgan's Marko Kolanovic predicts oil is surging higher — but so are stocks.

Kolanovic, who serves as the firm's chief global markets…

Russia is weaponizing food supplies to blackmail the world

Russian airstrikes hit a freight railcar repair factory in the Ukrainian capital of Kyiv on the weekend, a week after Russian President Vladimir…

Asia-Pacific stocks mixed as Australia announces rate hike thats larger than forecast

SINGAPORE — Shares in Asia-Pacific struggled for direction in Tuesday trade as the Reserve Bank of Australia announced a larger-than-expected…

European Countries Lead Latest Survey of Nations Resilience

Western European countries continued their dominance in a global survey of how well nations do handling risks ranging from climate and health to politics.

Gas or renewables. With the world in an unprecedented energy crisis top CEOs are searching for solutions

From the Covid-19 pandemic and supply chain shocks to rising inflation and Russia’s invasion of Ukraine, governments and businesses around the…

$2 trillion in savings may not rescue the economy

The CEO of the biggest US bank estimates that Americans are still sitting on $2 trillion in pandemic-era savings that can power the economy…

Trade deficit widens to record $23.33 bn

Exports rose 15.5% in May while imports surged 56.1% to stay above $60 bn for third month

India’s merchandise trade deficit widened to…

Brazils April base oil imports fall

Brazil’s base oil imports fell in April, mirroring a slowdown in domestic production and cutting supply for a sixth straight month.

Imports…