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The Business Standard

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October 23, 2026

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FRIDAY, OCTOBER 23, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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    • Africa

global economy

World+BizUSAAsia
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    • South Asia
    • Middle East
    • China
    • Europe
    • Africa
Representational image. Photo: Courtesy

Oil jumps as drone attack on Saudi oil field sparks supply disruption fears

Brent crude rises 2.4% to $111.40 a barrel as the attack fuels supply concerns, while higher Middle Eastern exports may limit further gains.

Bottles of Heineken beer are displayed in a cooler at a bar in Gurugram, India, November 26, 2024. Photo: Reuters

Heineken ordered to pay €111 million in damages, interest to Greek rival

A logo of Semiconductor and memory chip company SK Hynix during the company's debut at the Nasdaq market in New York City, U.S., July 10, 2026. Photo:Reuters

Samsung, SK Hynix upgrading China plants to make more advanced chips, people say

A drone view shows electric vehicles (EV) for export and containers sitting at a port in Shanghai, China April 13, 2025. Photo: China Daily via REUTERS/File Photo

China's economy picks up pace in Q3 as exports power uneven recovery

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks on the balance of "optimism and worry" surrounding the global economic outlook. Addressing a press briefing following the conclusion of annual meetings in Bangkok, she emphasized the IMF's commitment to supporting low-income nations grappling with inflation, debt burdens, and energy price shocks. Photo: Collected

IMF chief flags 'optimism', 'worry' after Bangkok annual meetings

US President Donald Trump and Indian Prime Minister Narendra Modi. Photo: Reuters

Trump waives planned 100% tariffs targeting India a day before deadline

European Central Bank President Christine Lagarde addresses a press conference following the ECB Governing Council meeting at the ECB headquarters in Frankfurt, Germany,  23 July, 2026. Photo: Reuters

WEF could appoint Lagarde as next chair as early as November: Sources

Representational photo.

Diesel supplies to remain 'tight' into 2027: IEA

Illustration: Ashrafun Naher Ananna/TBS Creative

Middle East, Central Asia economies to shrink 0.3% in 2026: IMF

A person holds up a phone next to the IMF/World Bank 2026 Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, on 12 October 2026. Photo: Reuters

AI investment lifts global growth to 3.1% this year, but war and debt cloud outlook: IMF

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud attends a session at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia 4 June, 2026.  Photo: REUTERS

Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd, energy minister says

A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.  REUTERS/Aly Song

Share markets choppy in Asia as earnings loom, oil slips

A person stands next to the logo of the 2026 IMF-World Bank Annual Meetings, ahead of the meeting at Queen Sirikit National Convention Center (QSNCC), in Bangkok, Thailand, October 9, 2026. Photo: REUTERS/Athit Perawongmetha

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

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