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2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
Russia could merge state-run oil companies to make the world's 2nd largest producer, report says
A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…
Kelly Cloonan
India to surpass Japan, become world's fourth largest economy worth USD 4 trillion, in FY25: EAC-PM member
India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become …
PTI
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
Even the strongest pillar of the Chinese economy is showing signs of weakness
China's exports grew 2.4% on-year in September, posting its lowest growth in five months as global …
Huileng Tan
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
5G to inject $450 billion into Indian economy by 2040: Telecom Minister Scindia
Union Minister of Communications Jyotiraditya Scindia on Monday stated that 5G technology is expect…
ANI
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
Huileng Tan
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…
Jennifer Sor
China's population keeps falling — and that's more bad news for the world's 2nd-largest economy
Beijing is already battling deflation, weak consumer demand, and an ongoing property-market crisis …
George Glover
China's economy is still stuck in low gear
China's economy continues to face headwinds from a slowing real estate sector, with property invest…
Kelly Cloonan
Governor CP Radhakrishnan vows to make Maharashtra's economy larger than that of Japan and Germany
He emphasised the importance of ensuring that the wealth created reaches "the remotest, isolated vi…