Mercedes-Benz experienced a decline in core car sales throughout 2024, reflecting a challenging year for the auto industry, marked by weakening demand in a fragile global economy, particularly in key market China, the German luxury automaker reported on Friday. This downturn in sales, coupled with disappointing electric vehicle numbers, is…
Constellation Energy (CEG), America’s largest nuclear power plant operator has agreed to buy Texas-headquartered geothermal and natural gas producer Calpine in a $26.6 billion which includes both cash and stock components. The deal highlights the role that natural gas is likely to play in meeting fast-rising US electricity demand. The…
January 10 is a crucial day in Venezuela because it initiates a new presidential term. Nevertheless, the problem is the controversial fact that the elections on July 28 have brought to the fore, in which President Nicolás Maduro declared himself the winner without any proof. On the contrary, the opposition…
In 1946, President Harry Truman proposed buying Greenland for $100 million in gold, recognizing its strategic importance in the early Cold War. The offer was rejected. Decades later, Donald Trump reignited the idea in 2019, framing it as “a large real estate deal.” Now, as Trump prepares to re-enter the…
On Friday, President-elect Donald Trump was sentenced to an “unconditional discharge” in his New York criminal hush money case, just ten days before his second inauguration. The ruling by Manhattan Judge Juan Merchan means Trump faces no jail time, probation, or fines, making him the first criminal convict to assume…
The Indian government has admitted to a significant miscalculation in its import figures for precious metals, an error that had inflated the trade deficit to a record level in November and contributed to a sharp decline in the value of the rupee. The Ministry of Commerce and Industry acknowledged the…
The fate of TikTok in the United States hangs in the balance as the Supreme Court deliberates a contentious ban that could see the app go dark by January 19. The justices, during over two hours of oral arguments on Friday, weighed national security concerns tied to TikTok’s parent company,…
LATAM continues to expand in terms of the cryptocurrency scene. This week the highlights were the impressive rise of Orionx gaining $1 billion in transaction volumes. On the other hand, Bitfinex Derivatives, the derivatives segment of the cryptocurrency exchange Bitfinex, has revealed its decision to shift to El Salvador strategically…
Investors face a sea of choices when it comes to selecting the right stocks. Let’s delve into the recent performance, market sentiment, and prospects of four key players—Delta Air Lines (DAL), AMD, Walgreens (WBA), and Constellation Energy Corporation (CEG)—to determine which stocks are worth buying and which may be better…
US stocks plunged on Friday following a stronger-than-expected jobs report, tempering Wall Street’s hopes for additional interest rate cuts by the Federal Reserve in the near term. The Dow Jones Industrial Average sank by 592 points, or 1.4%, while the S&P 500 and Nasdaq Composite both dropped 1.3%. These declines…