With all eyes on Gaza and Ukraine, analysts fear these conflicts could erupt

With all eyes on Gaza and Ukraine, analysts fear these conflicts could erupt

Sudanese army soldiers, loyal to army chief Abdel Fattah al-Burhan, sit atop a tank in the Red Sea city of Port Sudan, on April 20, 2023. – | Afp | Getty Images With the eyes of the world on the ongoing wars in Ukraine and Gaza, an unprecedented number of potentially “catastrophic” conflicts are going … Read more

PC market to rebound as consumers refresh devices, seek AI features

PC market to rebound as consumers refresh devices, seek AI features

Apple Inc. MacBook Pro and Air laptops at the new Apple Inc. store inside the Starfield mall during its opening in Hanam, South Korea, on Saturday, Dec. 9, 2023. SeongJoon Cho | Bloomberg | Getty Images The slump in personal computer sales is likely to end next year as consumers appear set to buy newer … Read more

Container prices hit $10,000, freight inflation soars in Red Sea chaos

Container prices hit ,000, freight inflation soars in Red Sea chaos

With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and air freight prices and stranded cargo. Both are threats to the global supply chain after three tumultuous years of inflationary pressures and delays … Read more

IEA says oil demand slowdown to persist in 2024 amid oversupply fears

IEA says oil demand slowdown to persist in 2024 amid oversupply fears

A Petroleos de Venezuela SA oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Friday, Nov. 17, 2023. Gaby Oraa | Bloomberg | Getty Images The International Energy Agency on Thursday said evidence of softening global oil demand is mounting and a slowdown is expected to continue into 2024, reaffirming a starkly different … Read more