Business and Economy

Business and Economy Latest News

Analysts expect slowing US inflation, fueling hopes of less hawkish Fed
Analysts expect slowing US inflation, fueling hopes of less hawkish Fed
by  AFP

Consumer inflation in the United States is set to ease further in December, analysts say, in an encouraging trend that could bring some reprieve from rising interest rates. But analysts expect the consumer price index (CPI), a key inflation gauge, to flatline between November and December in figures due to be released Thursday.

UAE names oil chief as president of COP28 climate talks
UAE names oil chief as president of COP28 climate talks
by  AFP

The head of the United Arab Emirates' national oil company was named Thursday as president of this year's COP28 climate talks, prompting fierce criticism from environmental activists. Sultan Ahmed al-Jaber, who heads up the UAE's Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the role at the UN summit, said a statement carried by the official WAM news agency.

Asthma study sparks debate about safety of cooking with gas
Asthma study sparks debate about safety of cooking with gas
by  AFP

New research that links cooking with natural gas to around 12 percent of childhood asthma cases has sparked debate about the health risks of kitchen stoves, as well as calls in the United States for stepped-up regulation. A report released Monday used the same calculation to link 12 percent of childhood asthma to gas cooking in the European Union.

Energy

Money

Industry

Technology

Economy