By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
US consumer sentiment improves in July as inflation expectations ease
US consumers felt a bit more optimistic in July, with the University of Michigan's sentiment index rising to 55.2. The improvement came desp
BoE's Pill warns UK inflation risks could build as energy prices spike
Bank of England Chief Economist Huw Pill warns that higher energy prices linked to the US-Iran conflict could push UK inflation up later thi
Canada's GDP beats forecasts as mining and oil output climb
Canada's economy expanded 0.3% in May, topping expectations, as mining and oil and gas output surged. A flash estimate suggests another 0.2%
Imperial Oil's profit beat shows refining strength despite output dip
Imperial Oil's adjusted earnings of C$4.52 per share topped expectations, powered by stronger refining margins and higher crude prices. Lowe
Exxon's record quarter still misses as output dips
ExxonMobil's adjusted profit hit $14.7 billion, its best in four years, but still fell short of analyst expectations. Lower production and v
Eurozone inflation edges up to 2.9% as energy costs accelerate
Eurozone inflation ticked up to 2.9% in July as energy prices accelerated, while core inflation also rose. Markets now expect another ECB ra
Sri Lanka inflation accelerates to 7.3% as fuel price hike bites
Sri Lanka's main inflation gauge accelerated to 7.3% in July, up from 6.8% in June, as a 35% fuel price hike pushed up food and transport co
Chevron posts best quarter in six years as oil prices and refining margins surge
Chevron reported its best quarter in at least six years, with adjusted earnings of $6.06 per share. Higher oil prices and record refining ma
Taiwan's Q2 GDP Surges 12.92% on AI Chip Demand, Central Bank in Focus
Taiwan's economy expanded 12.92% year-on-year in the second quarter, beating forecasts thanks to AI-driven chip demand. The strong growth pu
Rupee posts best week since March on RBI-backed dollar sales
India's rupee finished the week higher, its best weekly performance since March, as state-run banks sold dollars in a pattern often linked t
BP launches North Sea sale as new CEO moves to cut debt
BP has formally started selling its North Sea operations, a business it has run for over 60 years. The move is part of CEO Meg O'Neill's pus
OMV Petrom's Q2 operating profit rises 27% but net profit drops 24%
Romanian energy firm OMV Petrom saw its core operating profit jump 27% in Q2 on stronger gas and fuel sales, but a higher tax bill dragged n