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In China, slower-than-expected economic growth in the fourth quarter raised doubts about forecasts that demand there will drive global oil growth in 2024.
From China's economic growth missing analysts' expectations, Saudi Aramco boosting its Ventures unit, Apple dethroning Samsung to Airbus Ascendancy, Sandberg leaving Meta board and YouTube's job cuts, here's a look at recent business developments around the world.
India News: India prioritizes and accelerates efforts to expand oil storage capacity to mitigate geopolitical risks and accommodate increasing refining capacity.
I don’t envision the US escaping a modest downturn towards stagnant growth in 2024. Also, continued neglect of public health on multiple fronts will plague the country.
Attacks on shipping traffic in Red Sea are adding to instability into global economy that is already struggling with geopolitical tensions. While Israel-Gaza war, Ukraine conflict following the Covid pandemic crisis have dealt severe blows, there's more volatility ahead in the form of a slew of national elections where more than 2 billion people, including Indians, will go to polls.