Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border, Oman’s energy minister said Saturday, less than two weeks after Iran’s president visited the sultanate.

More than two years into the Covid-19 pandemic, American businesses are still struggling to manage their inventories in a feast-or-famine cycle caused by fickle consumer demand.

India has no plans to curb food exports for now, Piyush Goyal, the Minister for Commerce and Industry, Consumer Affairs and Food and Public Distribution said on Friday, weeks after New Delhi banned private wheat exports.

US employers hired more workers than expected in May and maintained a fairly strong pace of wage increases, signs of labour market strength that will keep the Federal Reserve on an aggressive monetary policy tightening path to cool demand.

Japan's government is considering resuming a national travel discount campaign as soon as late this month to help the tourism industry recover from a Covid-19 slump, the Nikkei newspaper said on Saturday.

The dominant services sector saw growth slow in May, while price gains pulled back from the blistering pace in the prior month but remained high, according to an industry survey released Friday.

At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the heart of Istanbul to Russian and Ukrainian ports.

ICC Bangladesh strongly endorsed the finance ministry’s recent recommendation to avoid hard loans and discourage the import of luxury goods in order to reduce pressure on declining foreign exchange reserves.

Russia said Wednesday it was moving to limit the damage from an EU oil ban as its other key energy export, gas, has fallen after President Vladimir Putin sent troops to Ukraine.

Solid growth continued across the United States, even as firms faced an ongoing struggle with a worker shortage and rising prices, although there were some tentative signs the tide may be turning, the Federal Reserve said Wednesday.

Russia has failed to pay $1.9 million of accrued interest on a sovereign bond, a panel of investors said Wednesday, as Moscow faces the risk of its first default in decades.

Ukraine’s wheat harvest is expected to fall by 40 per cent, the Ukrainian Grain Association (UGA) said Wednesday, as the Russian invasion has sent prices soaring and sparked fears of a global food crisis.

Krishna Mandal, the Bangladeshi woman who swam through the Sundarbans and got married to an Indian before being arrested, was produced before a court in West Bengal’s south 24 Parganas district which sent her to a correctional home.

There’s a split emerging in India’s refining sector as private refiners tap cheap Russian crude and boost profits from exports just as domestically focused state refiners get squeezed by high oil costs and government-capped domestic fuel prices.

India’s growth slowed further in the first three months of 2022, the National Statistics Office said Tuesday, with inflation and higher oil prices denting a post-pandemic recovery.

Asia’s factory activity slowed in May as China’s heavy-handed coronavirus curbs continued to disrupt supply chains and dampen demand, adding to woes for some countries in the region that are already struggling with surging raw material prices.

For Oleg Kechin, owner of a chain of barbershops, forecasts that Russia will be plunged into its deepest economic crisis in a generation feel overdone.

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement them.

Eurozone inflation accelerated to another record high in May, data showed Tuesday, as the war in Ukraine stoked energy and food prices and threatened to flatline the economy.

Chattogram Port Authority (CPA) has aggravated shipping agents, directing that container vessels irrespective of carrying capacities from today must sail out from the port jetties within 48 hours on completing unloading and loading of containers.