U.S. retail sales in December saw the worst monthly drop since July 2021 and...
IEA Sees China’s Covid-19 Reopening to Lift Oil Demand to New High in 2023
The International Energy Agency (IEA) stated on Wednesday that the relaxation of Covid-19 restrictions...
Oil Advances on Optimism over China’s Fuel Demand Recovery
Oil headed for the highest close since early December on hopes that easing China's...
UK Inflation Slows Down for Second Straight Month to 10.5% in December
U.K inflation continued to ease for the second straight month in December, in line...
Analysts See Gold Prices to Top $2,000 in 2023
Gold prices seem likely to exceed $2,000 an ounce this year, although there is...
US Tech Giant Microsoft Reportedly to Cut Thousands of Jobs
US tech giant Microsoft Corp is reportedly set to announce 11,000 layoffs, or about...