Oil prices climbed on Wednesday after an industry report showed US crude and gasoline inventories fell, as the market watched for a possible escalation of conflict in the Middle East, which may impact global oil supplies.
Brent crude futures rose 56 …
The US Department of Labor has announced that consumer prices in the United States rose last July.
The ministry explained, in a statement today, that the consumer price index rose last month by 0.2 percent annually after declining by 0.1 percent last…
The Reserve Bank of New Zealand (RBNZ) cut its main interest rate Wednesday by 25 basis points to 5.25 percent in first easing move since March 2020.
RBNZ indicated progress in reducing inflation to the target range of 1 to 3 percent annually, expect…
Switzerland’s largest bank (UBS) has reported better-than-expected second-quarter profits, with net profit reaching $1.14 billion for the period from April to June, compared to analysts’ expectations of $528 million. These are the first results since …