Business

India’s Russian crude oil imports experienced a dramatic month-on-month contraction, falling from $3.72 billion in November 2025 to $2.71 billion in December 2025, representing a sharp 35% decline. While US …

The Bank of England has kept interest rates at 3.75%, though the post-decision press conference was marked by Governor Andrew Bailey’s emotional tribute to the late chancellor Alistair Darling. Bailey …

Precious metals markets brought relief Monday as gold and silver recovered from severe losses that had created uncertainty across financial markets. Gold climbed from an 8% crash to $4,465 per …

Liverpool has been selected as the location for Chinese carmaker Chery’s European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The state-owned manufacturer will house research, engineering, …

British budget airline EasyJet has criticized European Union baggage proposals for failing to account for fundamental economic realities of modern aviation operations. The proposed regulations would require airlines to provide …

President Trump has threatened South Korea with punishing tariffs of 25% on major exports, claiming a breakdown in the implementation of a trade agreement from last year. The announcement encompasses …

German economists are raising alarms about the country’s gold holdings kept in the United States. The concerns stem from political unpredictability and shifting alliances. Germany stores about 37% of its …

The European Parliament has taken definitive action by suspending the US trade agreement ratification, responding to President Trump’s threat of 10% tariffs conditional on European support for his Greenland acquisition. …

Monday’s financial markets experienced dramatic movements as precious metals achieved extraordinary price milestones while European equities retreated sharply amid mounting business uncertainty. Gold climbed to an all-time record of $4,689 …