ECONOMY & MARKETS

Germany's leading renewable energy technology corporation is reorganizing its business operations in response to a crisis in its wind energy unit.

Sales at gas stations and furniture stores contracted, while consumers still increased purchases of food and electronics.

The company's third-quarter results beat its own forecasts and analysts' estimates.

Indians make up the largest expat group in Dubai at 27.49%. They have consistently been among the top 3 nationalities to buy properties in Dubai since 2004 and play an important role in shaping its real estate market.

Exxon opened a third offshore development in Guyana on Tuesday, accelerating the small South American country's rapid rise in oil production.

The study, commissioned by Disney, shows how the company contributes with jobs, taxes and businesses in the state.

Oil production and demand are both on the rise, according to the IEA, marking a contrast from the organization's "peak oil" proclamation in October.

A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.

Consumer prices were unchanged in October from September.

The home improvement retailer reported quarterly sales and profit that topped analysts' expectations.

India's External Affairs Minister S Jaishankar is currently on a five-day official visit to the UK to hold talks with his British counterpart, newly-appointed UK Foreign Secretary David Cameron.

President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.

Emirates says the expanded fleet will support Dubai's economic agenda.

The S&P 500 closed at 4,415.25, up 1.1 % for the week; the Dow Jones at 34,283.10, up 0.53%, and the tech-heavy Nasdaq at 13,798.1, up 2.07%.

Retail sales, industrial production will also be released; Congress needs to reach an agreement to avert a government shutdown by the end of the week.

The India-Taiwan jobs pact could irk neighboring China, which opposes any official exchange between Taipei and other nations.

Britain's economy stagnated in the third quarter, official data showed Friday, weighed down by elevated inflation and interest-rate hikes.

The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday.

In a more hawkish speech, the Fed chair warned against "head fakes" from inflation.

War in the Middle East has shaken up regional energy markets, as Israel's natural gas facilities hang in limbo and Egypt's energy grid struggles to stay online.

Tom Barkin said the economy is still to show impacts of higher rates, while Michelle Bowman said the current rate appears to be "restrictive."

The port will partly be owned by India's Adani Ports & Special Economic Zones Limited (APSEZ).

The four-week average rose to the highest level since mid-September.

India is the third-biggest oil importer and consumer in the world. More than 85% of its requirement is dependent on imports, and crude oil makes up about one-third of the country's overall imports by value.

Brazil has quickly emerged as Latin America's leading source of renewable energy—as well as its largest fossil fuel producer.

The Federal Reserve chair didn't discuss the economy or interest rates in his speech.

Applications for mortgages rose as lenders tried to take advantage of lower rates.

The new narrative that renewed the interest of traders and investors on both debt and equities was floated by Chicago Fed President Austan Goolsbee in a CNBC interview on Tuesday morning.

A New York Fed study showed that the annual gain in credit card debt reached a record.