Browsing Category
World News
China is cracking down on shares that commerce on US exchanges. Here is what it means
China's most powerful companies - including Didi, Alibaba and Tencent - are suddenly under intense scrutiny as the country vows to crackdown on domestic companies listed on US stock exchanges. This move could turn a $ 2 trillion market on…
U.S. inventory futures are flat as rally to data pauses, tech shares set to realize
U.S. stock futures were flat on Wednesday morning after the S&P 500 ended a seven-day winning streak. Technology stocks were set to lead again as the Nasdaq aims for another record open. Dow Jones Industrial Average futures fell just 10…
The OPEC disagreement might spark new volatility within the oil market
Disagreement within OPEC could spark a more volatile period for oil, with prices skyrocketing due to a lack of new supplies or suddenly falling if member countries decide to independently release crude.Oil prices initially rose to a…
Didi shares tank as merchants react to China’s crackdown
Shares in ride-hailing giant Didi Chuxing plunged more than 20% on Tuesday, less than a week after the Chinese app listed on the New York Stock Exchange.The company's share price fell to a low of $11.58 in early trading, down 25% from…
The world’s hottest journey experiences
People may not have traveled a lot in the past year, but that hasn't stopped them from looking for ideas online.Luxury travel company Unforgettable Travel wanted to know which travel experiences people have been looking for the most over…
Oil manufacturing coverage focuses on Saudi Arabia, UAE
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman Al-Saud speaks during an emergency virtual meeting of OPEC and non-OPEC countries following the coronavirus disease (COVID-19) outbreak in Riyadh, Saudi Arabia, on 9th 2020.Saudi…
Market expectations for restoration too optimistic, analyst says
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021.David Paul Morris | Bloomberg | Getty ImagesInvestors have high expectations for the global oil recovery because of the economic pick up…
France’s structural issues had been uncovered by the pandemic
A couple, one of them on their smartphone, is enjoying the view of the Eiffel Tower at sunset in Paris on February 23, 2021.Ludovic Marin | AFP | Getty ImagesFrance may still be in the middle of the coronavirus pandemic as the Delta…
Newport Wafer Fab set to be acquired by Chinese language-owned Nexperia
A close up image of a CPU socket and motherboard laying on the table.Narumon Bowonkitwanchai | Moment | Getty ImagesLONDON – Newport Wafer Fab, the U.K.'s largest chip producer, is set to be acquired by Chinese-owned semiconductor company…
Boeing cargo airplane makes an emergency touchdown close to Honolulu
A Transair Beoing 737 cargo jet sits on the tarmac of the Transair Cargo Facility at Dainel K. Inouye International Airport on July 2, 2021 in Honolulu, Hawaii.Eugene Tanner | AFP | Getty ImagesA Boeing 737-200 cargo plane made an…