The Global Times, the Chinese state-backed media outlet, has reported that China is considering targeting American agricultural exports as a countermeasure against new US import tariffs. This move raises the stakes in the ongoing trade war between the two largest economies.US President Donald Trump accused China of not doing enough to…
Iron ore futures experienced a decline for the sixth consecutive session on Monday. This downward trend was fueled by escalating trade tensions between the United States and China, the world’s leading consumer of iron ore, Reuters reported. The strained trade relationship between these two major economies has created uncertainty and negatively impacted…
Gold prices were higher on the first trading day of March on Monday as the dollar slipped against a basket of major currencies. A weaker dollar makes commodities priced in the greenback cheaper for overseas buyers. Uncertainty over US trade tariffs and Russia-Ukraine peace talks also supported demand for safe-haven assets such…
For eighty years, Europe has relied on the United States as its ultimate security guarantor. That era is over. US Defense Secretary Pete Hegseth has made it clear: American troops will not stay in Europe forever. Donald Trump’s administration is negotiating directly with Russia, side-lining Ukraine and European allies. NATO’s foundations are…
The Organization of the Petroleum Exporting Countries and allies are once again faced with a difficult choice next week–extend production cuts or increase its own market share. The decision comes ahead of the cartel’s planned oil production increase from April after months of extending its voluntary output cuts of 2.2 million…
Home Depot Inc (NYSE: HD) is “on this path to get a little bit stronger in 2025”, says Simeon Gutman – a Morgan Stanley analyst.The home improvement retailer has inched up in recent sessions even though its full-year outlook failed to match expectations on February 25th.Still, Gutman is convinced that…
China’s manufacturing sector saw a sharp rebound in February, with the Caixin/S&P Global Purchasing Managers’ Index (PMI) rising to 50.8, its highest level in three months. The increase signals that factory activity is accelerating as workers return after the Lunar New Year holiday, helping to drive production and export demand.The…
The Academy Awards remain the most prestigious event in the entertainment industry, drawing global attention to Hollywood’s biggest names. While an Oscar win is widely regarded as the pinnacle of artistic achievement, its financial implications go far beyond the symbolic golden statuette.Winners not only gain credibility in the industry but…
Ola Electric has laid off more than 1,000 employees and contract workers as the company looks to curb rising losses, Bloomberg reported.The cuts impact several departments, including procurement, fulfillment, customer relations, and charging infrastructure.This marks the second major round of layoffs in less than five months, following a workforce reduction…
Microsoft formed a “death cross” – a bearish chart pattern this week that’s broadly seen as a sign of a continued decline ahead.A death cross is when a stock’s 50-day MA slides below its 200-day MA. MSFT printed a death cross at a time when escalating trade tensions, geopolitical uncertainties,…