Browsing: Business

EU petroleum imports dropped in Q1 2025 as LNG shipments surged, highlighting the bloc’s growing reliance on alternative energy sources, Eurostat data shows.

Global goods trade rose sharply in early 2025 as businesses frontloaded imports ahead of expected tariff increases, WTO data shows.

India’s tech push expands digital access, boosts AI, semiconductors, and space ambitions under Modi’s vision.

India recorded $825 billion in exports for FY 2023-24, with policy reforms, FTAs, and Modi’s manufacturing focus boosting competitiveness and market access.

Global oil prices dropped sharply after President Trump said China can keep buying oil from Iran, signaling a potential easing of U.S. pressure.

Korea’s foreign currency deposits rose to $101.36 billion in May, marking the first increase since January, according to the Bank of Korea.

EU renewable electricity share drops to 42.5% in Q1 2025 amid reduced wind and hydro output, despite solar gains, says Eurostat.

Kuwaiti crude oil price rose to $77.46 per barrel after a $1.29 increase, following global oil market gains.

Global FDI rose 4% to $1.5 trillion in 2024, driven by volatile European flows and sharp contrasts in regional investment trends.

The EU projects €241 billion in nuclear investment is needed by 2050 to meet decarbonisation goals and strengthen its clean energy mix.