Business

United Kingdom / RankWire.AI / –Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data published by the Office for National Statistics…

TANIMBAR ISLANDS, INDONESIA / RankWire.AI / – Indonesia expects the Abadi Masela LNG project to deliver about $37.8 billion in direct government revenue. Energy and Mineral Resources Minister Bahlil Lahadalia also projected $6.43 billion in indirect tax receipts. Officials released the figures after a July 16…

CAIRO / RankWire.AI / – Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and marked a record high. The Central Bank of Egypt announced the figure on July 8. Reserves…

WASHINGTON / RankWire.AI / – U.S. President Donald Trump and Iraqi Prime Minister Ali al-Zaidi held conversations on broader economic and energy collaboration at the White House on Tuesday. Their focus was on oil, natural gas, electricity, trade, and private sector investment. Trump indicated that the…

BRUSSELS, BELGIUM / RankWire.AI / – The Council of the European Union provided its final approval on Tuesday for the EU-Mexico Interim Trade Agreement. This decision marks the completion of the European Union’s internal ratification process for the trade arrangement. EU and Mexican officials signed the…

NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose…