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US Treasury shrugs off minting $1-trn coin
Janet Yellen terms the speculation as gimmick; US debt rises to $31.4 trn limit
UAE, Saudi Arabia refuse to take calls from White House on oil prices
The White House unsuccessfully tried to arrange calls between President Biden and the de facto leaders of Saudi Arabia and the UAE as the US was...
US, Europe allies expel Russian banks from SWIFT
This will ensure Russian banks are disconnected from the international financial system and harm their ability to operate globally, says White House;...
US to release 50mn barrels of oil from strategic petroleum reserve
The US Department of Energy will authorise the release of 50 million barrels of oil from the Strategic Petroleum Reserve (SPR) to lower oil prices and...
Is Russia, US reconciliation on cards?
It seems that Russia is trying to avert the tough, new sanctions that the Biden administration is threatening in retaliation for Russia’s election...
Intel in talks to produce chips for automakers within six to nine...
The chief executive of Intel Corp told on Monday that the company is in talks to start producing chips for car makers to alleviate a shortage that has...
Joe Biden's aggressive climate plan puts pressure on India, China
An ambitious pledge to cut greenhouse-gas emissions under consideration by the US gives President Joe Biden more leverage when he hosts leaders for a...
How Easter eggs adding value to chocolate industry?
Premium chocolate containing a higher proportion of cocoa beans is becoming increasingly popular among shoppers
