The Purchasing Managers’ Index has been in decline for seven consecutive months Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in the dominant services industry stretched into the final month of the year, data compiled by S&P Global has revealed.

Crude prices had previously surged nearly 3% due to ongoing tensions in the Middle East and an outage in Libya Global prices for crude oil increased on Thursday, stretching gains scored during the previous day as tensions around the Israel-Gaza military conflict continue to escalate, and protesters at the largest oil field in Libya ceased…

A series of hoax email threats have forced some states to clear their administrative buildings A mass-emailed bomb threat received by officials in several US states on Wednesday prompted the evacuation of some statehouse buildings and disrupted government operations. No explosives were found, local authorities have said.