Prime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice....

Nissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...

Seven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...

A Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...

France has unveiled a groundbreaking roadmap to end its reliance on fossil fuels. Coal use will cease by 2030, followed by oil in 2045 and ...

Why is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...

Microsoft's voluntary retirement: US tech company Microsoft has announced its first-ever voluntary retirement program and the scheme is ope...

Snap layoffs show how AI is changing jobs in big tech companies. The company is cutting workers to save money and improve speed using new t...

Meta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction...

India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...

OPEC+ has announced an extension of its substantial oil production cuts into 2025, aiming to stabilise the market amid sluggish demand grow...

Oil prices fell as OPEC+ extended output cuts, impacting Brent and WTI futures. Goldman Sachs analysts view meeting as bearish. Gaza confli...

OPEC+ agreed last Thursday to voluntary supply cuts totalling about 2.2 million barrels per day (bpd), including an extension of existing S...

Russia has agreed to undertake two separate reductions in oil supply: in April it decided to cut crude output by 500,000 barrels per day (b...

Saudi Arabia, OPEC's de-facto leader, first implemented the additional voluntary cut in July and has been renewing it monthly. The kingdom ...

"Saudi Arabia will extend the voluntary cut of one million barrels per day... for another month to include the month of September," the ene...

The UAE said it would cut production by 144,000 bpd, Kuwait announced a cut of 128,000 bpd while Iraq said it would cut output by 211,000 b...