European equities opened largely flat on Monday as investors digested a mixed set of corporate earnings and monitored trade negotiations between the United States and the European Union ahead of an August 1 tariff deadline.The pan-European STOXX 600 index was down 0.01% at 546.97. France’s CAC 40 and Germany’s DAX…
In the first half of 2025, India achieved a significant milestone by adding a record 22 gigawatts (GW) of renewable energy capacity. This represents a substantial 57% increase compared to the 14.2 GW installed during the same period last year, according to a latest release from Rystad Energy.New capacity additions consist…
Analysts are increasingly confident in Reliance Industries’ new energy business, viewing it as the next significant growth driver for the Indian conglomerate, according to a Reuters report. This optimism stems from the rapid progress in operationalising gigafactories for this nascent segment.Reliance Industries, the conglomerate led by billionaire Mukesh Ambani, is making…
The Schwab US Dividend Equity ETF (SCHD) and the JPMorgan Equity Premium Income ETF (JEPI) have rebounded in the past few months, mirroring the performance of the broader stock market. JEPI has jumped by over 17% from its lowest point this year, and is hovering near to its all-time high of…
Asian markets ended Monday on a mixed note, with a slight upward tilt as investors appeared cautious following Japan’s ruling coalition’s loss of its upper house majority, a political shake-up that may complicate policy-making in the near term.Over in India, sentiment was far more upbeat. The Sensex surged 450 points,…
The second-quarter earnings season for the influential “Magnificent Seven” technology stocks begins this week with results from Alphabet Inc. and Tesla Inc., setting the stage for how Big Tech will shape the broader S&P 500’s financial performance.The group—comprising Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—is expected to report combined…
On Monday, BP announced Albert Manifold, former head of building materials producer CRH, as its new chairman. This appointment comes as the company navigates a significant strategic shift aimed at improving its struggling share performance.Bernard Looney’s unexpected departure from BP has paved the way for Murray Auchincloss to step in as…
China’s central bank left its benchmark lending rates unchanged on Monday, opting for stability as the country contends with a cooling economy and faltering consumer sentiment.The People’s Bank of China (PBOC) maintained the 1-year loan prime rate (LPR) at 3.0% and the 5-year LPR at 3.5%. The LPRs, which serve…
Japan’s ruling coalition suffered a significant setback in Sunday’s upper house election, losing its majority amid mounting public frustration over inflation, trade policy, and the rising influence of right-wing populism. Despite the result, Prime Minister Shigeru Ishiba has said he has no intention of stepping down.The election outcome adds to…
On July 12, President Trump announced plans to impose 30% tariffs on nearly all European Union exports starting August 1. Letters sent to leaders across the EU and 22 other nations outlined even steeper tariffs on metals, autos, and copper. The threat is real. The EU is now preparing up…