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Economy

Economy

Johnson & Johnson Agrees to $700M Settlement Over Talc Products

June 12, 2024

Johnson & Johnson has agreed to pay $700 million to resolve claims that it deceptively marketed and sold baby powder and body powder products containing hazardous talcum powder. A bipartisan coalition of 42 attorneys general […]

Economy

Global real estate market reaches record $365.51 Trillion in 2023

March 30, 2024

Trem Global, a Turkish real estate firm, has reported that the global market for real estate and infrastructure reached an unprecedented high of $365.51 trillion in 2023, according to Precedence Research. Despite global economic uncertainties […]

Economy

German bank suspends Jewish group’s account, seeks member details

March 28, 2024

Berliner Sparkasse abruptly froze the account of Jewish Voice for a Just Peace in the Middle East, a Jewish anti-Zionist organization, this Wednesday, citing the need for updated customer information. Along with the freeze, the […]

Economy

Early 2024 sees sharp drop in Suez, Panama Canal trade: IMF

March 8, 2024

The International Monetary Fund (IMF) reported a significant drop in trade volume through the Suez and Panama Canals in the first two months of 2024, attributing a 50% decrease in Suez Canal traffic to Houthi […]

Economy

Oil prices rise amid increasing demand from leading global consumers

March 8, 2024

Oil prices experienced a surge on Friday, buoyed by evidence of increased demand in the United States and China, which rank as the globe’s largest oil consumers. Brent crude, the international standard, saw its price […]

Economy

‘People keep coming’: Crisis-hit Turks queue for bread

December 23, 2021

Under a heavy winter sky, the grimly silent queue of people stretches around the corner from Bayram Duman’s kiosk, which offers discount bread for Istanbulites hurt by Turkey’s economic malaise. Turkey’s cultural and historic capital […]

Economy

23rd WPC wraps up with net zero, energy transition goals

December 11, 2021

$11.8 trillion required in Oil & Gas industry by 2045 said OPEC chief Mohammad Barkindo Five days long 23rd World Petroleum Congress ended in Houston on 09 Dec. Energy leaders, energy experts, and researchers from […]

Economy

Germany’s inflation rate at highest in almost 30 years

December 11, 2021

ANKARA: The annual inflation rate in Germany stood at 5.2% in November, its highest since June 1992, according to data released Friday by the Federal Statistical Office, Destatis. “The inflation rate increased for the sixth […]

Economy

UAE seen as candidate to become EU’s hydrogen supplier

December 7, 2021

The United Arab Emirates (UAE) has the potential to become a future supplier of renewable hydrogen to Europe, the state-run Emirates News Agency (WMA) cited a top EU official as saying on Monday. According to […]

Economy

Halliburton chief unites world energy leaders for energy transition, net zero

December 6, 2021

First time I am seeing the huge gap between supply and demand, we are not far from when a buyer will be searching for a barrel of oil, Halliburton Chief Jeff Miller Energy transition and […]

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