OPEC Cuts 2026 Oil Demand Growth Forecast for Fourth Consecutive Month
London, United Kingdom, 12 August 2026 – OPEC has reduced its forecast for global oil-demand growth in 2026 to 580,000 barrels per day, marking the fourth consecutive monthly…
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US Inflation Eases in July as Gasoline Prices Decline Again
Washington, United States, 12 August 2026 – United States consumer prices rose just 0.1% in July as gasoline declined for a second consecutive month, reinforcing expectations that the…
US Inflation Outlook Improves as Gasoline Prices Ease
Washington, 12 August 2026 – US consumer inflation was expected to moderate in July as gasoline prices eased, offering investors a potentially constructive signal on household costs while…
Google Gemini Reaches One Billion Monthly Users as AI Race Tightens
San Francisco, United States, 12 August 2026 – Google’s Gemini artificial-intelligence assistant has surpassed one billion monthly users, giving the technology group a major distribution milestone as competition…
Oil Extends Rally as US-Iran Deal Doubts Weigh on Global Markets
New York, United States, 12 August 2026 – Oil prices climbed to a one-week high as investors became less confident that negotiations between the United States and Iran…
Trump Weighs Capital Gains Tax Cut Proposal to Bolster Economy Ahead of 2026 Midterm Elections
Washington, 11 August 2026 – United States political strategists and economic advisors are evaluating a proposal to call for capital gains tax cuts, positioning tax relief for investors…
Australia Holds Cash Rate at 4.35% as Further Hikes Remain Possible
Sydney, Australia, 11 August 2026 – Australia’s central bank kept its cash rate at 4.35%, matching market expectations while warning that it could tighten policy again if inflation…
Gold Reaches Two-Month High as Investors Await US Inflation Data
Bengaluru, India, 11 August 2026 – Gold rose for a third consecutive session to its highest level in more than two months as investors returned to safe-haven assets…
Diesel Prices Surge as Refinery Attacks Deepen Global Supply Shortage
New York, United States, 11 August 2026 – Diesel prices rose sharply after attacks on refineries in Russia and Saudi Arabia intensified existing supply disruptions, creating fresh cost…
Microsoft Plans Production Surge for Next-Generation Maia AI Chips to Reduce Nvidia Reliance
Redmond, Washington, 10 August 2026 – Technology giant Microsoft is preparing a major production increase for its custom-designed artificial intelligence chips, expanding negotiations with semiconductor foundries to secure…