Luis de Guindos, vice-president of the European Central Financial institution, discusses the outlook for euro zone inflation and why there is no predetermined route for monetary policy.
Coming months would not be simple for euro zone inflation, ECB’s Luis de Guindos states
World
Asia markets set to track Wall Street gains ahead of a potential U.S. government shutdown
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to wrangle over […]
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World
The world’s first carbon border tax will soon go live — shaking up global trade
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty Images The European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods. The forthcoming step, which […]
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World
Oil companies slash jobs by the thousands as prices fall, tariffs rise and industry consolidates
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry. President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through […]
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