The plunge in oil prices on Friday presented a different layer of complexity for the Organization of the Petroleum Exporting Countries and allies. In a surprising move on Thursday, the cartel decided to raise crude oil production by 411,000 barrels per day in May. This follows the scheduled 135,000 barrels per day…
Klarna and StubHub have shelved their much-anticipated plans to go public as a fresh wave of market volatility triggered…
Nike shares recovered on Friday after President Donald Trump suggested a possible agreement with Vietnam to reduce recently announced…
Federal Reserve Chair Jerome Powell has raised alarm over President Donald Trump’s sweeping new tariffs, warning that the economic…
When Puma announced on Thursday that former Adidas sales chief Arthur Hoeld would become its new CEO, replacing Arne…
Oil prices slumped more than 6% on Thursday after the Organization of the Petroleum Exporting Countries stunned the market…
The US dollar index (DXY) tumbled more than 2% on Thursday to 101.41, its sharpest single-day decline in more…
Canada slipped into a trade deficit in February, despite exports and imports holding record levels.Statistics Canada’s most recent report,…
Australian beef farmers, traders, and industry groups announced on Thursday that they intend to pass on the additional costs…