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ENERGY COSTS
Global Market: European companies set for 21% Q3 earnings growth, led by energy firmsEuropean companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However,...- US 10-year Treasury yield could hit 6% as oil prices, debt worries mount: Pimco CIOThe 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimco’s Dan Ivascyn. Rising oil prices, inflation ...
- Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mountSingapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...
- US stocks: US markets fall as higher yields and oil prices flag inflation riskUS stocks fell as crude oil prices surged and Treasury yields remained high, raising inflation concerns. Major companies like Amazon, Tesla...
- Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc saysThe ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policym...
- Global Market: European stocks slide as oil surge revives inflation concernsEuropean shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation coul...
- US Fed minutes signal another rate hike by year-end as inflation stays highAccording to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to o...
- Economists see food, oil stoking India’s September inflationIndia's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a ba...
- Tata Power partners Norway's Ocean Sun for floating solar techTata Power and Ocean Sun have teamed up to introduce pioneering floating solar solutions at Mulshi reservoir. This pilot program will analy...
- Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
- Global Market: Eurozone energy inflation has yet to spread to broader prices, ECB's Rehn saysEurozone energy inflation has not yet spread broadly to other goods and services, ECB policymaker Olli Rehn said. Rising bond yields may cu...
- Global Market: Eurozone business activity hits 29-month high as price pressure intensifiesEurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. ...
- Global Market | High energy costs threaten eurozone inflation outlook: ECB's NagelEurozone inflation stands at 3.8%, with Bundesbank President Joachim Nagel warning of upside risks from energy, food and refining costs. Ho...
- Energy prices in USA: Electricity to cost the most in five states. Here's why, check listCalifornia-based think tank said there will be more demand for natural gas for electricity because the administration is canceling new wind...
- Trump rules out US diesel export banDonald Trump said the US will not impose a diesel export ban after European countries agreed to release more fuel into the market to ease s...
- Alaska spent $46.9 million to lower electric bills in 186 communities in FY2025, covering 148.5 million kWh, where rural power costs can be far higherIn fiscal year 2025, Alaska committed around $46.9 million to assist 186 remote communities with rising electricity expenses. By targeting ...
- Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
- US Market: 10-year yield surges to 5.31%, highest since 2007US Treasury yields reached multi-year highs as a historic bond selloff extended into a seventh session. The 10-year yield touched 5.31%, wh...
- Global Market: BoE's Taylor says energy prices alone do not justify rate hikeBank of England policymaker Alan Taylor said further rate increases remain unlikely unless higher energy prices generate persistent, broad-...
- Oil woes push rupee to over one-week low, RBI caps fall near 96/USDOn Monday, the Indian rupee plummeted to its lowest mark in over a week, driven by soaring oil prices. Investors reacted to mounting geopol...
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