US gross domestic product (GDP) growth to slow to almost zero by the second half of next year

JV, first announced in March and named Sony Honda Mobility

US dollar also pressures crude prices as it hits highest level against basket of currencies

Modi's government announced an overhaul of the recruitment process aiming to bring in more people on short contracts

The world’s largest cryptocurrency fell as much as 7.8%

Record fuel costs driving rising inflation, causing headache for President Biden

Traders expect China’s fuel demand to recover as lockdowns eased

Global lender says subsidies encourage more energy consumption and feed price hike

World Bank President David Malpass said global growth could fall to 2.1% in 2022

Saudi Arabia raised price for Arab Light crude supply to Asia buyers