Economy · 11 d ago
Bertramz · CC BY 3.0 · Wikimedia Commons
Soaring fuel prices make life harder for workers in Sudan
Sudan's Transport Chambers Union raised intercity bus fares by 40 per cent and minibus fares by 30 per cent this month.
Economy
253 stories
The economy and business in short stories.
Saturday, Oct 24
Economy · 11 d ago
Mexico's Senate approves a digital payments law
The law, proposed by President Claudia Sheinbaum, aims to cut cash use in a country where half of workers are in the informal economy and 94 per cent of payments are made in cash.
Economy · 11 d ago
Trump says a deal with Mexico and Canada on the USMCA is near
Trump said an agreement with Mexico could come in early 2027, and that Prime Minister Mark Carney's government is “working very hard” on Canada's side.
Economy · 11 d ago
Norbert Nagel · CC BY-SA 3.0 · Wikimedia Commons
India's commerce minister pushes the India-EU trade deal in Berlin
Commerce Minister Piyush Goyal met German economy minister Katherina Reiche on Friday to discuss turning the India-EU free trade agreement into trade and investment.
Economy · 11 d ago
Eni will keep its fuel price cap in Italy until year-end
The cap is now 1.99 euros a litre for petrol and 2.25 euros for diesel, CEO Claudio Descalzi said.
Economy · 11 d ago
Rick Obst · CC BY 4.0 · Wikimedia Commons
US consumer sentiment sits near its record low before the midterms
The University of Michigan index fell to 48.0 in October from 48.1 in September, the second-lowest reading ever recorded.
Economy · 11 d ago
Jio Platforms' IPO breaks records for applications
Investors bid for 22.19 times the shares on offer by the close of the three-day issue on Oct 23.
Economy · 11 d ago
HSBC launches a Hong Kong dollar stablecoin for payments
RedCoin is redeemable one-for-one for Hong Kong dollars. More than 3.3 million PayMe users can activate wallets to send money and pay merchants.