Topic
Offset
60 stories related to this topic, newest first.
ndtv.comfinance7 hrs ago
LME Copper Rises 0.4% to $13,541 per Metric Ton as Supply Tightness Offsets Energy-Cost Concerns
London Metal Exchange copper prices increased 0.4 percent to $13,541 per metric ton. Tight physical supplies in China offset concerns over renewed U.S.-Iran tensions through stockpiling and higher premiums.
FI
theiranproject.comworld2 days ago
China Tells Major Refiners to Keep Fuel Output High Amid Persian Gulf Disruptions
China directed some major refiners to keep fuel output high to protect domestic consumers amid strikes threatening Persian Gulf shipments. The move arrives during recurring regional disruptions and may offset global supply shortfalls, @business reported.
Yonhapfinance4 days ago
Seoul Shares Close Higher After Institutions Offset Retail Selling
The KOSPI rose 0.62 percent to 7,291.91 on July 9 as institutions bought a net 1.29 trillion won. Retail investors sold 1.33 trillion won while the won weakened against the dollar.
Yonhapfinance7 days ago
Seoul Shares Close 0.46 Percent Lower as Local Investors Offset Most Foreign Selling
The KOSPI fell 37.01 points to 8,051.33 on July 6 after opening higher. Foreign and institutional investors sold 2.7 trillion won in stocks ahead of second-quarter earnings, while the won weakened against the dollar.
israelnationalnews.comworld11 days ago
Israel Announces 1.6 Billion Shekel Support Package for High-Tech Sector and Exporters
The package totals 1.6 billion shekels and targets technology companies and export-oriented businesses. It includes grants, loans, and tax benefits to offset higher operating costs.
ZE
teslarati.comfinance11 days ago
Tesla Deliveries Rise 25 Percent in Second Quarter
The company recorded stronger sales in Europe and China that offset weaker U.S. results after federal EV tax credits ended. Overall deliveries increased 25 percent compared with the same period last year.
abcnews.go.combusiness11 days ago
European Union Drops Ten-Year Renewables Rule for Data Center Emissions
The European Union is reconsidering a proposal that would have limited data center operators to buying emission offset certificates only from recent local wind and solar projects. OilPrice.com reported the change follows pushback from major technology companies.
wccftech.comai12 days ago
Meta Shares Rise Nearly 10 Percent After Report on Potential Sales of Excess Computing Power
Meta shares rose nearly 10 percent Wednesday after reports that the company will sell excess computing power through a new cloud business. The plan aims to offset part of the hundreds of billions spent on AI infrastructure.
indiatoday.intoday.infinance12 days ago
Ukrainian Drone Strikes Reduce Russian Refining Capacity by 30 Percent
Ukrainian drone strikes have cut Russian oil-refining capacity by roughly 30 percent. Russia has begun seaborne gasoline imports from India to offset the resulting shortfall. Officials plan to bring in 400,000 metric tons monthly from India and other suppliers.
OS
benzinga.comworld12 days ago
BYD Reports Second Straight Month of Global Sales Growth in June
Chinese electric vehicle maker BYD recorded higher worldwide sales for a second consecutive month in June. A rise in exports offset weaker demand inside China.
.jpeg)
freepressjournal.inworld16 days ago
Porsche May Move All Cayenne Production to Leipzig Only If Workers Accept Pay Cuts
The move would bring every powertrain variant of the SUV to the German plant. It depends on workers accepting lower pay to offset higher labor costs. Talks with employee representatives continue.
technology16 days ago
Apple Raises MacBook Prices by Up to $300 After Memory Chip Cost Increase
Apple increased prices on its MacBook lineup by roughly 20 percent to offset higher memory chip costs. The entry-level MacBook Neo now starts at $699, or $599 for students, after a $100 increase.
The Vergetechnology18 days ago
Framework to Raise Laptop 13 Pro Prices After CPU Costs Increase, Offsets Some Orders with Larger SSDs
Framework announced on June 25 that it secured cheaper PCIe Gen 5 SSDs from Adata. Preorder customers with 500 GB drives will receive 1 TB units at reduced cost, while new configurations with larger drives are now available.
Cnbctechnology18 days ago
Apple raises prices on Mac and iPad lines as memory costs surge
Apple increased prices on several Mac and iPad models Thursday to offset higher memory costs tied to AI data-center demand. The company left iPhone, Apple Watch, and AirPods prices unchanged.
rnz.co.nzworld18 days ago
Parliament Passes Capital Gains Tax Changes After Government Withdraws Some Measures and Deals With Greens
Budget measures altering capital gains tax, negative gearing and introducing a $250 offset cleared both houses on 25 June 2026 after Labor secured Greens support. A new party, Community Strong Australia, was also launched the same day by two independent MPs.
The Independentpolitics18 days ago
New SNAP rule requires states with high error rates to cover part of benefit costs
A federal law signed by President Donald Trump will require states with elevated SNAP payment error rates to pay a share of benefits starting in October 2027. The change aims to reduce administrative mistakes and offset federal spending tied to tax cuts.
thestreet.comfinance20 days ago
Electricity Retailers Raise Supply Charges After Default Offer Cut
Some Australian households received notices of higher daily supply charges and lower solar export payments even as the Australian Energy Regulator reduced default market offers up to 10 percent from July. Retailers attribute the shifts to rebalancing fixed and usage charges, whil…
CoinDeskfinance21 days ago
Bitcoin Holds Near $64,000 as ETF Outflows Narrow but Persist for Sixth Week
Bitcoin remained around $64,000 while U.S. spot bitcoin ETFs recorded net outflows for a sixth straight week. A stronger dollar and elevated Treasury yields after the Federal Reserve's June meeting offset easing ETF selling pressure.
france24.comtechnology23 days ago
Japan Recruits Over 11,000 for Self-Defense Forces in Fiscal 2025
Recruitment rose 14.9 percent from the prior year while officer candidates increased roughly 35 percent. Japan is also expanding uncrewed systems to offset long-term personnel shortfalls.
nbcnews.compolitics25 days ago
Voter initiative to offset federal healthcare cuts qualifies for California ballot
A proposed one-time 5% tax on assets above $1 billion cleared the signature threshold and will appear on the November ballot unless withdrawn by June 25. The measure is backed by a healthcare workers union and opposed by business groups.
rnz.co.nzfinance26 days ago
UK Inflation Holds at 2.8% in May as Food Price Rises Slow
UK consumer price inflation remained unchanged at 2.8% in the year to May. Slower increases for meat, dairy and vegetables offset higher petrol prices.
Washington Examinerpolitics28 days ago
U.S. Oil Reserve Falls After Releases to Offset Iran Supply Disruption
Federal data show 340.3 million barrels remain after an 8.9-million-barrel withdrawal last week. The Trump administration has pledged to release 172 million barrels total.
thehindubusinessline.comfinance32 days ago
Japan Secures July Oil Imports at Prior-Year Levels Despite Hormuz Disruption
Japan matched last July's import volumes by shifting to non-Hormuz suppliers and drawing down reserves. The measures offset a 90 percent drop in Strait traffic since March.
winnipegfreepress.comsports34 days ago
Toronto and Vancouver Resell FIFA Ticket Packages at Profit to Offset World Cup Hosting Costs
The city is selling its share of FIFA packages purchased last year to generate revenue and avoid using property tax dollars for a tournament now projected to cost $380 million.
insidermonkey.combusiness36 days ago
Virginia Data Center Growth Drives Higher Electricity Demand Across Shared Utility Serving VA and WV
The same utility serves customers in both states, limiting options to offset higher costs tied to Virginia's expanding data centers.
businesstoday.infinance38 days ago
Quanex Building Products Reports 2.2% Revenue Rise in Q2 2026
Quanex Building Products Corporation posted revenue of $462.4 million for the second quarter of 2026. The company cited pricing actions and foreign exchange gains that offset a 3% volume decline. Gross margins fell 350 basis points amid higher raw-material and logistics costs.
.png/jcr:content/renditions/cq5dam.web.1280.1280.png)
nasa.govscience39 days ago
Wildfires reversed U.S. ozone air quality gains since 2015, study finds
A study published in Science on Thursday reported that wildfire emissions have offset reductions in human-caused ozone precursors. Ground-level ozone concentrations shifted from declining 0.65 parts per billion per year before 2015 to rising 0.13 parts per billion annually afterw…
ibtimes.co.ukfinance39 days ago
Iraq Orders Kurdistan Oil Firms to Resume Operations After Months-Long Halt
Prime Minister Ali Falih Al-Zaidi ordered companies to resume work as Iraq seeks to offset losses from the closed Strait of Hormuz. The government approved a plan to raise pipeline exports to Ceyhan to 770,000 barrels per day.
swissinfo.chworld40 days ago
EU to Allow Higher Deficits for Energy Relief Tied to Fossil Fuel Cuts
The measure grants member states temporary budget flexibility to offset energy price increases linked to the Iran war. The flexibility applies only when spending also reduces fossil fuel use.
pravdareport.comfinance46 days ago
European Aid Program Extends Through End of 2026
The program will continue until December 31, 2026, to offset higher fertiliser costs. Officials said the measure targets farmers facing elevated input prices.
FI
world47 days ago
California Proposes One-Time 5% Tax on Billionaire Wealth
Voters will decide in November on a measure that would collect roughly $100 billion over five years from about 200 resident billionaires. Most proceeds would offset projected state health-care funding losses tied to federal cuts.
FO
rte.ieworld47 days ago
UK Firm Pure Data Centres to Sell Carbon-Removal Credits to Cloud Providers
Pure Data Centres, backed by Oaktree, will launch a platform offering carbon-removal credits. The credits target large cloud-computing providers seeking to offset emissions.
finance.yahoo.comai47 days ago
Technology firms report higher-than-expected AI expenses
Companies across the technology sector are recording increased spending on artificial intelligence systems. Some executives question whether productivity gains will offset the added costs.
opindia.comfinance49 days ago
Japan Prime Minister Says New Debt Will Not Affect Bond Market
The Japanese prime minister stated that planned new government debt will be offset by higher tax revenue and will have no impact on the bond market. The comments addressed concerns about fiscal expansion.
FI
MarketWatchfinance52 days ago
Hedge Fund Says Inflation and Bond Yields Pose Risks to Stocks
Zweig-DiMenna's model projects higher inflation over the next three to six months. Bond yields have not risen enough to offset the risk, the firm says.
MA
washingtonpost.comworld53 days ago
Social Security Disability Benefits Face Limited Garnishment Risks
Federal law protects most SSDI and SSI payments from private creditors, but certain government debts can still lead to offsets. Recipients who mix funds in bank accounts or face lawsuits may encounter temporary complications.
The Independentpolitics53 days ago
Government Announces Measures to Address Cost of Living Pressures
Officials unveiled a package of measures aimed at offsetting higher fuel and travel costs for workers. The steps include changes to mileage rates and targeted support for families and specific industries.
nippon.comai53 days ago
One in Three Japanese Companies Consider AI-Powered Robots
A Reuters report indicates that roughly one-third of Japanese firms are either using or planning to deploy AI-powered robots. Automakers are at the forefront of this trend as companies seek to offset a shrinking workforce.
MA
deccanchronicle.comtechnology53 days ago
Meta Plans to Lay Off About 8,000 Employees
Meta has notified thousands of employees of layoffs. The company said the reductions are part of efforts to operate more efficiently and offset other spending.
benzinga.comfinance55 days ago
Home Depot Reports Sales Growth
Home Depot posted a 0.6 percent increase in same-store sales for the quarter. The company cited higher average ticket prices offsetting fewer customer transactions. Rising Treasury yields continue to pressure housing-related demand.
The Timesbusiness55 days ago
U.K. Treasury Discusses Price Freeze on Essential Foods with Supermarkets
The Treasury is in talks with supermarkets about a voluntary price freeze on items such as eggs, bread and milk. The discussions aim to offset higher costs expected from the closure of the Strait of Hormuz.
foxnews.comworld55 days ago
Crude Oil Shipments Rerouted Around Africa as Hormuz Supply Concerns Rise
Countries are directing crude oil tankers on longer routes to offset potential supply shortfalls from the Strait of Hormuz. MarketWatch reported that shipments are traveling around Africa to maintain global oil flows.
MA
Nprpolitics55 days ago
Utah Communities Form Coalition to Add Renewable Energy to Grid
Nineteen Utah cities, towns and counties have formed a coalition to generate renewable power that offsets electricity use in nearly 300,000 homes and businesses. The group is working with Rocky Mountain Power to build solar and wind projects after state rules were updated.
japantimes.co.jpworld56 days ago
Japan Considers Bond Market for New Spending to Offset Middle East Conflict Impact
Japan's Finance Minister stated the government is weighing bond issuance to fund new spending measures. The spending aims to counter economic effects from the Middle East conflict. No specific spending amount or timeline was announced.
CoinDeskfinance56 days ago
Kraken Parent Payward Reports 3 Percent Rise in Q1 Adjusted Revenue
Payward reported first-quarter adjusted revenue of $507 million, up 3 percent from a year earlier. The company said futures trading and newer business lines helped offset weaker spot crypto activity.
finance57 days ago
Real Estate Professional Status Allows Rental Losses to Offset Active Income
Some high-income taxpayers use real estate professional status to treat rental losses as non-passive. The designation requires meeting IRS time thresholds and documentation standards.
app.buzzsumo.comworld59 days ago
NASA Black Marble Data Shows Both Brightening and Dimming Across the Globe from 2014-2022
New NASA analysis of Black Marble data shows radiance increased 34 percent while dimming offset it by 18 percent, with both trends intensifying over the decade. Researchers found distinct regional patterns across the United States, China, India and Europe instead of a uniform glo…
Engadgettechnology60 days ago
Science Based Targets Initiative Drops Proposal for Stricter Data Center Emissions Rules
The Science Based Targets initiative has dropped a proposed rule that would have required tech companies to match clean energy certificates to fossil fuel use by time and location. The decision followed lobbying from industry groups that argued the requirements would be onerous.…
Wiredtechnology60 days ago
Meta to Cut About 10% of Workforce as It Increases AI Investment
Meta intends to lay off about 10 percent of its workforce, or nearly 8,000 people, to run the company more efficiently and offset other investments. The move comes amid mandatory AI activity-tracking software on U.S. employee laptops and widespread reports of low morale.
nypost.comtechnology61 days ago
Refillable Tank Printers Can Reduce Ink Costs Over Five Years
Refillable tank printers from HP use bottled ink instead of cartridges, which can lower the cost per page for regular users. A five-year cost analysis shows higher upfront prices are offset by ink savings starting in year two or three. The New York Post reported that models like…
Euronewsscience61 days ago
EU Plans to Redirect €4bn in Carbon Market Revenues to Offset Fertiliser Costs for Farmers
A leaked draft shows Brussels intends to recycle Emissions Trading System revenues into agriculture to offset rising fertiliser prices triggered by the Russia-Ukraine war and Middle East disruptions. The plan accompanies a decision to slow the phase-out of free carbon allowances,…
Defense Newsworld62 days ago
U.S. Allies' Combined Defense Spending Surpasses Pentagon for First Time in Purchasing-Power Terms
America’s allies in NATO and the Indo-Pacific spent 111 percent of U.S. defense outlays in 2025 when adjusted for purchasing power, surpassing $1 trillion for the first time. The Economist analysis of SIPRI data shows the surge offset a 7.5 percent decline in the Pentagon’s budge…
pymnts.comfinance62 days ago
U.S. Household Debt Rises to $17.794 Trillion in Q1 2026
The Federal Reserve Bank of New York reported total household debt increased $18 billion from the prior quarter, driven by gains in mortgages, auto loans and HELOCs that offset a seasonal drop in credit card balances. Delinquency rates showed little overall change at 4.8 percent,…
FI
LI
ZE
themandarin.com.aufinance62 days ago
Wage Growth Concentrated Among Higher-Income Households in April
Higher-income households saw after-tax wage growth of 6 percent year-over-year in April while lower-income households experienced only 1.5 percent growth that barely offset rising gas costs, according to Bank of America Institute data. Overall consumer credit and debit card spend…
LI
SQ
channel4.compolitics62 days ago
Trump Proposes Suspending Federal Gas Tax
President Trump proposed suspending the federal gas tax until prices fall further. The move would require congressional approval and would not offset the sharp rise in fuel costs since the war in Ukraine began. The proposal was included in a broader discussion of domestic policy…
agriculture.einnews.comfinance63 days ago
Kenya Delays Income Tax Relief for Low-Income Workers Citing Revenue Shortfall
The government has postponed plans to exempt workers earning up to 30,000 shillings from PAYE tax and to reduce the rate for those earning between 30,000 and 50,000 shillings. Officials cited a projected 35 billion shilling revenue gap. The Treasury is reviewing whether higher co…
thehindubusinessline.comfinance63 days ago
Strait of Hormuz Vessel Traffic Drops to 2-5 Ships Daily From 70
Saudi Aramco CEO Amin Nasser described the closure as the biggest energy supply shock ever and warned that prolonged disruption could delay market normalization until 2027. The market has already lost around 1 billion barrels, partly offset by alternative routes and reserves.
DE
FI
MA
freepressjournal.infinance64 days ago
Global Oil Inventories Fall at Record Pace as Middle East Supply Disruptions Continue
The last tankers from the Persian Gulf have reached their destinations as strategic reserves are drawn down to offset lost Middle East supply. Global oil inventories are declining at a record pace according to media reports this week. OilPrice.com reported that the situation rema…
realclearmarkets.comworld64 days ago
California Prepares to Vote on 5% Tax on Billionaires’ Assets as SNAP Enrollment Declines Under New Federal Work Requirements
More than 665,000 SNAP recipients in California could lose benefits under the One Big Beautiful Bill Act passed in June. A proposed one-time 5 percent tax on more than 200 billionaires, which qualified for the November ballot after gathering 1.5 million signatures, would direct 1…
Financial Timesfinance64 days agoUpdated
Saudi Aramco Q1 Profit Rises 26%
Saudi Aramco posted net profit of $33.6 billion for the first quarter as higher oil prices from the regional conflict offset lower production and exports. The company maximized use of its East-West pipeline to bypass the closed Strait of Hormuz. Meanwhile Toyota reported a £3 bil…
MA
WA
AJ
+9