Oil price war: Saudi Arabia, US, Nigeria among big losers

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.

Legislators have been scrambling to repeal the law, which predates Arizona's statehood, since a 2022 Supreme Court ruling paved the way for its return. The vote was 16-14 and the state's governor will likely sign off.

The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.