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Baker Hughes: U.S. oil rig count up by 2 to 483

April 25, 2025
The number of oil rigs in the United States stood at 483 in the week ending April 25, increasing by two from the previous week, according to the Baker Hughes weekly rig count.

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Baker Hughes: U.S. oil rig count up by 2 to 483

Submarine cable line with largest capacity in Vietnam begins operation


Domestic tourism spending in Britain falls by £3bn, analysis reveals

April 25, 2025
Spending on domestic holidays in Britain fell by more than one fifth between 2022 and 2024, leaving some of the most deprived parts of the country facing a huge shortfall in income, latest analysis by the New Economics Foundation (NEF) has found.

IMF approves $20 billion extended arrangement for Argentina

April 25, 2025
Argentina received 12 billion U.S. dollars from the International Monetary Fund (IMF), the first disbursement under a new loan agreement aimed at stabilizing the economy and rebuilding foreign reserves.

Bangladesh, Japan sign construction deal for Matarbari deep seaport

April 25, 2025
Bangladesh authorities signed an agreement with two Japanese firms over the Matarbari Port marking the launch of the construction of the country’s only deep seaport in Bay of Bengal, officials said.rn

Submarine cable line with largest capacity in Vietnam begins operation

April 25, 2025
Vietnam has commissioned its segment of the Asia Direct Cable, its largest submarine internet connection so far, with a landing station in the central province of Binh Dinh.

Rig count stabilizes amid oil price recovery

April 18, 2025
The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes following a large 7-rig dip in the prior week.

Lower or same benefits enable faster job change in Germany

April 18, 2025
The amount and duration of benefits for short-time work and unemployment in Germany should be reduced or at least not increased any further.

38 tunnel breakthroughs of Malaysia's mega railway project completed ahead of schedule

April 18, 2025
The East Coast Rail Link (ECRL), a mega rail project in Malaysia being built by the China Communications Construction Company (CCCC), has completed 38 of 41 tunnel breakthroughs ahead of schedule, keeping the key infrastructure project on track.

ESA asks Iceland to align customs tariff classification of ‘pizza cheese’ with EEA rules

April 18, 2025
The EFTA Surveillance Authority (ESA) has sent a letter of formal notice to Iceland for applying the wrong customs tariff classification for cheese with added plant oil, restricting the free movement of goods.rn

EIB and EIF unveil €3.6 billion financing package to boost clean transport, energy, automotive innovation

April 18, 2025
The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) have approved a series of new financing initiatives designed to bolster economic prosperity, foster innovation, and enhance strategic autonomy across the EU while deepening global partnerships.
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