President Donald Trump has privately encouraged Ukraine to expand deep strikes into Russian territory, raising the possibility of targeting Moscow if Washington provides long-range weaponry, exposing a major reorientation in US strategy on the war in Ukraine.Trump presses Zelenskyy on long-range strikesAccording to a Financial Times report, during a call…
Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US products. These goods include a range of items, from Boeing aircraft and bourbon whiskey to automobiles, according to a Reuters report.US President Donald Trump has proposed a 30% tariff…
Coinbase Global is facing what analysts at Oppenheimer describe as an “unfavorable” setup heading into its second-quarter earnings report, with trading volumes and revenues expected to fall short of Wall Street estimates. The cryptocurrency exchange is projected to post a significant sequential drop in trading activity, despite its stock having…
Rocket Lab shares jumped 10% on Monday, extending a sharp rally that has seen the space infrastructure company’s stock jump 62% over the past month. The latest gains come as the company continues to post operational successes and expand its footprint in the global space economy.The stock is now up…
Starbucks Corp (NASDAQ: SBUX) has seen a renewed wave of investor enthusiasm in recent sessions following reports that nearly 30 private equity companies have shown interest in its China business – valuing it at as much as $10 billion.However, while aforementioned bids suggest significant optimism, the fundamentals, according to experts,…
The Middle East is poised to overtake Asia as the world’s second-largest gas producer by 2025, trailing only North America, according to new research from Rystad Energy.Since 2020, gas production in the Middle East has increased by approximately 15%. This growth highlights the commitment of regional producers to monetise their gas…
Tesla Inc., the electric vehicle pioneer helmed by Elon Musk, has finally made its long-awaited entry into India with the launch of its Model Y SUV, priced at a steep ₹6 million ($69,770). The company inaugurated its first showroom in Mumbai on Tuesday, formally stepping into the world’s third-largest automobile…
China’s oil refining output surged in June to its strongest level in nearly two years, as processing plants roared back to life after seasonal maintenance to take advantage of significantly better profit margins for fuels like diesel. This rebound in activity signals a robust operational phase for the country’s refining…
European stock markets are set for a mixed and cautious start on Tuesday, with futures pointing to divergent openings across the continent. Investors continue to grapple with the looming threat of significant US tariffs on the European Union, while a major UK fintech firm, Starling Bank, is reportedly considering a…
Just a year and a half ago, Argentina’s economy looked like it was heading for its tenth sovereign default. Inflation was out of control. The peso was imploding. Nearly half the population lived in poverty.Experts warned that electing a chainsaw-wielding libertarian outsider as president would push the country over the edge. Instead,…