The Experience Economy: Consumers prioritise memories over material goods
Consumers today are increasingly spending their money on experiences such as music events and travel, rather than on physical products.…
Eurozone inflation ticks down in June
The eurozone’s inflation reading for June didn’t bring much that we didn’t already know. Services inflation was sticky at 4.1%…
Ukraine eyes debt deal before deadline, seeks to add GDP warrants, sources say
Ukraine told investors it still expects to succeed in its unprecedented aim of restructuring debt in the middle of a…
French candidates bow out in bid to block far-right
Opponents of France’s National Rally (RN) stepped up their bid to block the far-right party from power on Tuesday as…
German inflation slows in June
The just-released flash estimate of German inflation in June signals some easing of inflationary pressures, keeping the door open to…
Ship Recycling Market Caught Between a Rock and a Hard Place
Conditions in the ship recycling market have been quite challenging over the past week. In its latest weekly report, Best…
Product Tanker market to rebalance in response to contracting oil demand
The recent IEA report forecasting a decline in oil demand by the end of this decade has raised concerns regarding…
ENEOS buys one rare prompt MR-sized jet fuel cargo amid shortages in Japan
Japan’s largest refiner ENEOS has bought at least one rare prompt MR-sized jet fuel cargo for July loading, trade sources…
Russian oil product exports via Tuapse to rise in July, traders say
Russian oil product exports from the Black Sea port of Tuapse are set to rise by 59.7% month-on-month in July…