Author: Consultant

UK inflation hits new 40-year high of 9.1% as food and energy price surge persistsThe 9.1% rise in the consumer price index was in line with expectations from economists in […]

Oil prices climb $2 on strong demand, tight supply (June 21)Oil prices rose almost $2 on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on […]

‘Perfect storm’ for airlines facing strong U.S. dollar and high oil pricesGlobal airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and high […]

Chinese manufacturing orders decline by 20-30%, according to shippers, as consumers pull back on buying goodsChinese manufacturing orders are down by as much as 30% for some logistics companies as […]

‘The situation is serious’: Germany plans to fire up coal plants as Russia throttles gas suppliesEconomy Minister Robert Habeck on Sunday warned that the situation is going to be “really […]

Blown off course again, Fed policymakers see near-record uncertaintyFederal Reserve policymakers are less confident than at any time since the height of the pandemic about what will happen with the […]

Oil wobbles as global economic worries offset tightening supplyBrent crude futures slipped 8 cents, or 0.1%, to $113.04 a barrel by 0242 GMT, after rising as much as 1% earlier. […]

South Korea drops 2%; China keeps benchmark lending rate unchangedShares in Asia-Pacific were mixed on Monday.China’s one-year and five-year loan prime rates were both left unchanged on Monday.Netease shares in […]

Workers at Canadian National Railway go on strike after failing to reach contract, union negotiator saysWorkers in signals and communications have gone on strike at Canadian National Railway Co. CNR-T +0.61%increase in a […]