Ayatollah Ali Khamenei, Iran’s Supreme Leader, asserted on Wednesday that halting uranium enrichment is definitively against the nation’s interests, according to a Reuters report. This is a complete rejection of a key demand from the US during negotiations aimed at resolving the long-standing disagreement surrounding Tehran’s nuclear aspirations.A fresh US nuclear…
Venezuela’s oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to US-backed partners, according to vessel-tracking data and internal documents for state oil company PDVSA.In total last month, 30 vessels sailed from Venezuelan ports, with an average daily load of 779,000 barrels per day…
According to a new research released Tuesday by the Organisation for Economic Cooperation and Development (OECD), the global economy is likely to slow in the coming two years. The OECD expects global GDP growth to slow from 3.3 per cent in 2024 to 2.9 per cent in both 2025 and…
Dollar General Corp (NYSE: DG) rallied more than 15% this morning after reporting better-than-expected earnings for its fiscal Q1. Investors have rewarded the DG share because the retailer raised its full-year guidance as well, indicating Americans are turning to discount stores amidst fears of a slowdown ahead.Including today’s gain, Dollar…
Deutsche Bank significantly raised its year-end target for the S&P 500.On June 3, 2025, the German banking giant lifted its forecast to 6,550, a notable increase from its previous target of 6,150.This implies a 10% upside from Monday’s closing price.This upward revision places Deutsche Bank as one of the more…
Dubai’s residential real estate market may be nearing a turning point, with a moderate correction on the horizon, according to Redmond Ramsdale, Head of Middle East Bank Ratings at Fitch Ratings.In a recent interview with CNBC, Ramsdale warned that the rapid pace of price increases seen in recent years is…
CoreWeave Inc (NASDAQ: CRWV) remains in a sharp uptrend this morning as investors continue to cheer its 15-year lease agreements with Applied Digital Corp (NASDAQ: APLD).Including today’s gains, the artificial intelligence infrastructure firm is up well over 250% versus its initial public offering (IPO) price of $40.While the company’s top-line…
Automakers worldwide voiced concerns alongside US manufacturers on Tuesday regarding China’s dominance over critical minerals, Reuters reported. The companies warned that China’s export restrictions on rare earth alloys, mixtures, and magnets risk causing significant production delays and shutdowns unless swift remedies are implemented. This situation has amplified anxieties about China’s control of…
China is in advanced discussions to place a major order for Airbus SE aircraft, with a deal potentially timed to coincide with a high-level diplomatic visit from European leaders next month, Bloomberg reported citing people familiar with the matter.Officials are deliberating an order ranging from 200 to as many as…
Russia’s economy has not collapsed under pressure. At least not yet. GDP still grows. Wages have risen.Western sanctions failed to deliver the knockout blow many expected. But appearances are deceptive. The structure that holds this war economy together is increasingly brittle, and signs are mounting that President Vladimir Putin is…