Rising fuel prices hit US airlines: flights canceled and capacity reduced
Rising fuel prices are forcing the largest US airlines to review their flight schedules. American Airlines, United Airlines, and Southwest Airlines are canceling some flights…
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Asian stock exchanges follow Wall Street’s example, oil prices are falling
On Friday, Asian stock market indices are rising following Wall Street’s example, as the drop in oil prices has reduced concerns about inflation.
After the Fed interest rate decision, most Asian stock market indices are rising
On Thursday, most Asian stock market indices rose after the US central bank (FED) raised interest rates for the first time in three years on Wednesday, and its…
Asian stock market indices mostly move down, awaiting FED decision
On Wednesday, Asian stock market indices are mostly moving down as investors await the decision of the US central bank (FED) on interest rates. Slightly positive…
Aleksandras Izgorodinas. ECB raises interest rates again as oil surpasses $100 mark
Last week’s renewed escalation near the Strait of Hormuz sharply increased oil and gas prices, strengthened expectations for further interest rate hikes, and prompted…
Evaldas Luneckas. The shadow of the energy crisis returns: gas shortage and interest rate pressure on the economy
Rising oil and gas prices, weakening supply expectations, and tightening monetary policy remain the main factors influencing investor sentiment and…
After calls to slow down AI development – technology stocks fall
On Monday, the value of technology company stocks plummeted sharply after the leaders of technology companies at the forefront of the artificial intelligence (AI) boom agreed to calls to slow do the…
JAV holds “energy abundance” talks due to ongoing supply issues caused by the war in Iran
The United States on Monday begins the series of Group of Twenty (G20) meetings on “energy abundance,” US President Donald Trump’s war with Iran continues…
Stocks are falling as rising oil prices and inflation increase the prospect of interest rate hikes
On Friday, stock prices in Asia fell as oil prices continued to rise, and bond yields remained at record highs. The Middle East crisis intensified concerns…
Prime Minister: if the oil price stays above 100 US dollars for a longer time, the diesel excise tax would be reduced
If the oil price remained above 100 USD per barrel for a long time, the Government would consider reapplying the diesel excise tax relief, as it did in the spring, says the Prime Minister…