2+ day, 14+ hour ago   (121+ words) As the next wave of technology-led growth reshapes economies and global influence, The Next 3 Billion asks one of the defining questions of the decade: will the innovations reshaping global power expand opportunity or concentrate it? Three billion people remain offline,…...

2+ day, 16+ hour ago   (175+ words) Semafor ECB hikes interest rates amid inflation risks The European Central Bank raised interest rates. Will the Fed follow? A quarter-point increase in baseline borrowing costs across the bloc came as officials warned of “upside” inflation risks and oil prices…...

2+ day, 19+ hour ago   (155+ words) China remains by far the world’s coal heavyweight: Its power sector alone consumes one-third of the world’s coal. Rising natural gas prices wrought by the Iran war will boost global coal consumption to a new record of nearly 9 billion metric…...

2+ day, 19+ hour ago   (492+ words) View / A long war will permanently damage oil demand Semafor View / A long war will permanently damage oil demand One lesson from the return of crude oil prices back above $100 per barrel is that US President Donald Trump seems to…...

2+ day, 20+ hour ago   (174+ words) Listed companies in Saudi Arabia and Abu Dhabi are growing quickly, benefiting from higher oil prices and their ability to keep energy exports flowing. Gulf corporate profits in second quarter show growing divide between economies Corporate profits in the second…...

2+ day, 22+ hour ago   (149+ words) Higher energy and food prices pushed inflation up, adding to cost worries in a country that until recently was threatened with deflation. Chinese inflation accelerates for first time in months China’s inflation accelerated for the first time in months, compounding…...

3+ day, 11+ hour ago   (154+ words) US long-term bond yields jumped to three-year highs Wednesday after Treasury Secretary Scott Bessent’s bond buybacks failed to impress markets. US long-term bond yields spiked to three-year highs Wednesday after Treasury Secretary Scott Bessent’s bond buybacks failed to impress…...

3+ day, 20+ hour ago   (159+ words) The 21.2 billion-riyal ($5.8 billion) second-quarter shortfall was almost double the previous quarter’s, with few signs that passage through the Strait of Hormuz is easing. Qatar posted its widest quarterly budget deficit since 2016 as the Iran war choked off most of its…...

3+ day, 20+ hour ago   (193+ words) The impact of the Iran war ended an 18-month period of growth in Africa’s biggest economy. South Africa’s GDP shrank in the second quarter of this year, as the impact of the Iran war ended an 18-month period of…...

3+ day, 20+ hour ago   (198+ words) The shift was driven by a fall in fuel imports and a rise in the exports of crude oil and raw materials. Nigeria’s trade surplus grew to $9.5 billion in the second quarter, doubling in size compared with the same…...