EuroWire, PETROPAVLOVSK-KAMCHATSKY: The 6th Sustainable Development Forum is scheduled to be held in Petropavlovsk-Kamchatsky from Feb. 17 to Feb. 21, bringing together government officials, business representatives and industry specialists for a multi day program focused on regional development in…

BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said…

MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in January. On a…

MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger U.S.…

MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the…

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with China…