According to a statement from the French energy business TotalEnergies, the company would support efforts to keep gasoline prices at its French gas stations at €1.99 per litre through the end of the year. "In the current context of rising fuel prices, TotalEnergies maintains its commitment to...

The heads of the two institutions dispelled on Friday any hopes that the 2% inflation target long targeted by the U.S. Federal Reserve and the European Central Bank might be subject to adjustment.   Both Fed Chair Jerome Powell and ECB President Christine Lagarde made it clear that they...

Erin Yao wishes to learn street dance and travel, two things she was unable to accomplish in China for three years because to COVID-19 limitations.   She is saving more of her income than she did during the pandemic, when she felt driven to stock up on essentials, contrary to what many...

The second quarter of Germany's economy was flat compared to the first three months, showing no signs of recovery from the winter recession and solidifying its place as one of the worst major economies in the world.   The second quarter's zero growth figure matched a preliminary projection...

However, the World Trade Organization secretariat reported that the second quarter's goods trade was better than in the first three months. Although commerce in products improved in the second quarter compared to the prior three months, sustained global economic growth in the third quarter of this...

In order to lessen their reliance on changes in the dollar exchange rate, the president of Brazil called on the BRICS countries to establish a single currency for trade and investment.   The suggestion was presented at a BRICS conference in Johannesburg by Luiz Inacio Lula da Silva.  ...

As a result of some of the top producers of the battery material in the world as well as other interested parties vying for supplies, emerging Australian lithium companies are seeing an increase in buyouts.   Companies like Albemarle Corp, the world's largest lithium producer, have been...

The financial health of US lenders would likely be put to the test by rising funding costs and issues in the commercial real estate sector, according to S&P Global, which reduced its credit ratings and outlook on a number of U.S. regional banks in line with Moody's.   The U.S....

As part of increased efforts to boost credit demand, China lowered its benchmark lending rate for one year on Monday. However, markets were taken aback when China kept the rate for five years unchanged despite broader worries about a swiftly depreciating yuan.   Due to a deteriorating real...