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13:30
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Keywords: Energy costs
China’s economy lost significant momentum in April as consumer spending nearly stalled and major industrial indicators missed expectations, reinforcing concerns over weakening domestic demand and rising economic pressure. Official data released Monday showed retail sales rose just 0.2% year on......
Solar and wind energy combined with battery storage can now deliver continuous electricity at a lower cost than fossil fuels in regions with strong natural resources, according to a new report by International Renewable Energy Agency. The findings come as global energy markets face sustained pressure,......
Industrial prices in Spain have recorded their fastest annual increase in a year, driven largely by a sharp rise in energy costs, according to recent data from the National Statistics Institute. After several months of decline, producer prices rebounded strongly in March, reflecting a shift in market......
Service station employees at TotalEnergies have gone on strike across France to protest rising fuel prices and demand higher wages, according to union representatives. The industrial action comes as workers argue that they are struggling to cope with increased living costs linked to higher fuel prices.......
The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s......
China's producer prices rose in March for the first time in more than three years. Data published Friday showed energy costs surging from the Iran war lifted the world's second-largest economy out of prolonged deflation. The producer price index climbed 0.5% year-on-year, the National Bureau......
Asia's artificial intelligence ambitions face a significant test as the conflict in Iran drives up energy prices, strains supply chains, and raises production costs across the region's semiconductor industry, even as chip exports reach historic highs. South Korea's semiconductor exports......
The Canadian government has introduced new financial support measures to help farmers and agri-food businesses cope with rising costs triggered by global market disruptions linked to the Iran conflict. Through Farm Credit Canada, producers and food companies will be able to access expanded financial......
Germany’s economy is projected to grow by only 1% in 2026, according to the German Chamber of Industry and Commerce (DIHK), slightly above its earlier forecast of 0.7%. The chamber emphasized that structural reforms are essential to achieve a more sustainable recovery. Helena Melnikov, managing......