Monday , 29 December 2025

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Asian economies set to dominate 7% growth rate club during 2020s

Bloomberg The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%. India, Bangladesh, Vietnam, Myanmar and the Philippines should all meet that benchmark, according to a research note on Sunday from Madhur Jha, Standard Chartered’s India-based head of thematic research, and Global Chief Economist …

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Record gasoline price slams Vancouver

Bloomberg A political brawl between British Columbia and Alberta over a stalled pipeline expansion is being blamed for handing Vancouver a somewhat dubious municipal distinction. The city recently recorded the highest retail gasoline price on record for a major North America metro, according to GasBuddy, a motor-fuel pricing website. The price hit almost $4.80 a gallon (C$1.70 a liter), a …

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Exxon seeks $280m from Cuban firms over seized assets

Bloomberg Exxon Mobil Corp. is suing two Cuban companies for $280 million, saying they benefited for decades from Exxon property seized after 1959 revolution. The suit was filed in US District Court in Washington, the first day American corporations were allowed to file after the Trump administration lifted a long-standing ban against such actions. The complaint names gov- ernment conglomerate …

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