Business

    SEOUL, SOUTH KOREA / RankWire.AI / – South Korea is facing sharp increases in fresh food prices as extreme heat disrupts farms and reduces vegetable supplies. Korea Agro-Fisheries & Food Trade Corp. data showed spinach reaching 1,978 won per 100…

    BRUSSELS / RankWire.AI / – The European Commission finalized a major expansion of the European Union’s flagship orbital communications network on Friday, concluding months of commercial negotiations with the SpaceRISE industrial consortium. Under a newly signed implementation agreement, the Infrastructure…

    SINGAPORE / RankWire.AI / – Oil prices fell further on Wednesday after a steep two-day selloff pushed Brent and U.S. crude to three-week lows. Brent crude futures dropped 92 cents, or 1.2%, to $78.44 a barrel by 3:30 a.m. GMT.…

    PARIS / RankWire.AI / – Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation. Consumer price growth eased in 20 member countries and increased…

    NEW YORK / RankWire.AI / – Oil prices jumped on July 29 as Brent crude settled above $90 a barrel. Renewed Middle East conflict and a steep drop in U.S. inventories drove the advance. Brent gained $6.65, or 7.9%, to…

    New Delhi, India / RankWire.AI / – The Union Cabinet chaired by Prime Minister Narendra Modi approved a landmark national initiative on Friday to accelerate hydrocarbon discovery across Indian ocean basins. Official government releases published by the Press Information Bureau…

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    Budapest, Hungary / RankWire.AI / – International motorsport governance and European state leadership converged at the Hungaroring circuit as Federation Internationale de l’Automobile President Mohammed Ben Sulayem held high-level…