OPEC+ POISED FOR MODEST OUTPUT HIKE AS MARKETS EYE SUPPLY–DEMAND BALANCE
Small increase, big signal Producers in the OPEC+ alliance are set to approve another modest output increase, adding a small tranche to quotas after months of cautious hikes.
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Economy
Business, markets, trade and the economy of everyday life.
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GM LAYS OFF 3,300 U.S. EV WORKERS AS DEMAND COOLS AND POLICY SHIFTS
Why GM is cutting now General Motors is laying off more than 3,300 workers at electric-vehicle plants across Michigan, Ohio and Tennessee.
Pet obesity and “pet health inflation” are now the same story
Your vet bill is telling you something Veterinarians across the United States say they are seeing more overweight and obese pets — and treating those same pets is getting more expensive, fast.
WBD SAID TO REBUFF THREE PARAMOUNT-SKYDANCE OFFERS
Big-media consolidation meets a hard stop Warner Bros. Discovery has reportedly turned down three approaches from Paramount-Skydance about a potential deal, according to a Wall Street Journal account.
GE VERNOVA SWINGS TO PROFIT ON STRONG ORDERS FOR GRID AND GAS
What the results show about energy demand GE Vernova reported a return to profit as utilities and developers ordered more grid equipment and gas turbines, a sign that reliability spending is rising alongside renewables build-outs.
Qatar and U.S. press EU over LNG rules, warning of trade frictions
Energy security versus disclosures QatarEnergy released a letter showing Qatar and the United States urged European leaders to reconsider sustainability and corporate-reporting rules they say could disrupt liquefied natural gas (LNG) trade.
Gold price sees year’s steepest drop after 8 consecutive hikes
After eight consecutive price hikes, the Bangladesh Jewellers Association (BAJUS) has slashed gold prices by over Tk 8,000 per bhori, marking the steepest single-day drop of the year.
COPPER’S NEW GRAVITY: U.S. AND INDIA PULL DEMAND AS CHINA SLOWS
Decoupling dynamics in a $10,000 metal Global copper trade is shifting.
COLOMBIA RISKS LOSING U.S. TRADE PERKS OVER TARIFFS AS TALKS DRAG
Tariffs, preferences, and what’s at stake Washington warned Bogotá that Andean trade preferences could be reviewed if Colombia pushes ahead with new import tariffs and tightens local-content rules.
BOURBON MEETS BIG DATA AS KENTUCKY DISTILLERS REINVENT
An old industry tests software-driven whiskey Bourbon’s identity is built on tradition, but a new data-heavy model is shaking the barrels.
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