News

Oil Prices Slide on Investors Assessing of War Impact
Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution ...
Goldman Sachs’ Financial Results Beat Estimates
U.S. investment bank Goldman Sachs (GS) has delivered second-quarter financial results that beat Wall Street estimates on the ...
China’s Naphtha Imports Set for Record High in 2025
Expanding petrochemicals production and uncertainty about imports of U.S. ethane and propane amid the trade row are expected ...
The Oil Boom No One Wants to Talk About
Amid heated debates about how quickly and at what cost the world could reach net-zero emissions during constant geopolitical ...
When Might U.S. Consumers Experience Inflation?
In June, the consumer price index in the U.S. rose by 0.3%. This is in line with expectations. Bond yields increased in ...
Global Payments Stock Jumps On Reports Of Elliott Management Stake
The stock of Global Payments (GPN) is up 6% on media reports that activist investor Elliott Investment Management has built a sizable stake in the company. Global Payments is a leading financial ...
ASML Stock Falls 8% On Weak Guidance
The stock of ASML (ASML) is down 8% after the Dutch semiconductor company warned that it might not register any growth in 2026. The grim warning was made as the European technology giant issued second ...
TSX Lurches Lower by Noon
Canada's benchmark index inched lower on Wednesday, dragged by heavyweight energy and mining shares, while investors assessed tariff-related updates and key U.S. inflation data. The TSX Composite ...
Canadians Have Lost $103 Million To Crypto Scams This Year
Canadians lost $103 million to various cryptocurrency investment scams in the first half of this year, according to the Canadian Anti-Fraud Centre (CAFC). The losses in 2025 build on the $224 million ...
GM Moves Vehicle Production to Michigan
General Motors (NYSE:GM) said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of pickup trucks in its home state. “GM will begin production ...
Daily Trump Tariff Update: Indonesia at 19% and More
On Tuesday, confusion mounted when President Trump said that he had made a deal with Indonesia. Under the new agreement, the U.S. will impose a 19% tariff against Indonesia. The impact on trade is ...
Renault’s Stock Plunges 17% On Lowered Guidance And CEO Appointment
The stock of Renault (EPA:RNO) is down 17% after the French automaker lowered its 2025 guidance and announced the appointment of a new interim chief executive officer (CEO). The Paris-listed stock has ...