Brazilian inflation expectations continued to ease, with analysts marking the twelfth straight week of downward revisions in the Central Bank’s Focus Report released Monday (August 18).The benchmark consumer price index (IPCA) forecast for 2025 was cut to 4.95% from 5.05%. Projections for 2026 also edged lower, slipping to 4.40% from…
Chinese electric vehicle (EV) manufacturers are intensifying their competition with Tesla and other international automakers by significantly increasing their investments in overseas factories.A recent report from US-based consulting firm Rhodium Group, published Monday, indicates a notable shift: for the first time since data collection began in 2014, the Chinese EV…
When Volodymyr Zelenskiy returned to the White House on Monday, the air was thick with the ghosts of meetings past. His last visit in February had been a diplomatic disaster, a public scolding that left him politically bruised. This time, however, was different. Flanked by a powerful contingent of European…
To boost the competitiveness of its cotton sector, India has exempted import duties on cotton. This measure, effective from August 19 to September 30, addresses a key demand from industry groups.The Indian government’s recent decision to temporarily suspend the import duty on certain textile machinery, announced late on Monday, has…
Gold hovered around $3,380 early Tuesday, with investors holding off on major moves as they await the US Federal Reserve (Fed) Minutes and the Jackson Hole Economic Symposium later this week.Remarks from Fed Chair Jerome Powell at the Jackson Hole symposium, scheduled for August 21-23, may provide insight into the…
Reliance Industries Ltd (RIL) shares climbed more than 2% on Tuesday, August 19, 2025, to log an intraday high of ₹1,413 apiece on the Bombay Stock Exchange. The stock has gained 15% so far this year, sharply outpacing the Sensex, which is up just 4% over the same period. From…
Hindustan Zinc, India’s leading refined zinc producer, is poised to venture into uranium mining, awaiting government approval to open the sector to private companies, according to CEO Arun Misra.India intends to open its nuclear sector to private companies, allowing them to mine, import, and process uranium. This move aims to dismantle…
Despite new forecasts from the US Department of Agriculture last week, wheat prices continue to hover near their lowest levels, with no fresh indicators to explain the ongoing weakness.The outlook for the US wheat harvest in the upcoming 2025-26 crop year has been steadfast, with initial forecasts remaining consistent despite…
Tesla Inc (NASDAQ: TSLA) has sounded the alarm for short sellers – with chief executive Elon Musk declaring they’ll be “obliterated” once the company achieves full autonomy.Yet behind the scenes, Tom Zhu, a senior vice president of the multinational automaker, has been quietly reducing his exposure to the EV stock,…
The Trump administration is talking about taking roughly a 10% stake in Intel. If it happens, that would make the government one of the biggest shareholders in the company. A Bloomberg report quoted people familiar with the matter who said that the discussions are still going on and nothing is…