EU Proposes A Price Cap On US LNG Imports
EU leadership is examining the possibility of imposing a price ceiling on all gas imported into the EU, including US LNG, according to European Commission President Ursula von der Leyen…
Oil Prices Hit Seven Month Low
On Wednesday oil prices plummeted, as global benchmark Brent crude fell below $90 per barrel, and American benchmark West Texas Intermediate (WTI) landed at around $85 per barrel. According to…
Amazon’s Rings Of Power Runs Into Fan Criticism
As Amazon launches its new “The Lord of the Rings: The Rings of Power” series, it is running into serious pushback from fans and influencers alike. Despite scoring 25 million…
Goldman Sachs Sees More Upside To Tesla
As Tesla stock closes out a great summer run, Goldman Sachs analysts are saying the great run may not be over yet. In the last three months, Tesla shares have…
Canada Goose CEO Sees Profitable Winter
Canada Goose CEO Dani Reiss struck a bullish tone at the 29th annual Goldman Sachs retail conference on Wednesday, noting, “I think it’s going to be a strong holiday season,…
Bitcoin And Other Cryptos Under Pressure, But Holding As Other Risk-Assets Sell
Cryptocurrencies, including Bitcoin BTCUSD –0.91%, were falling on Monday. The price of bitcoin dropped 0.91% to $19,700, after climbing above $20,300 on Friday, before pulling back along with the broader…
Chinese Companies See Profits Plunge, As Lockdowns And Real Estate Slump Hit The Economy
Over 4,800 Chinese companies have released earnings for the first half, and analysts are calling it a bloodbath. Roughly 53% posted declines in net profits, a number almost as bad…
One In Five Home Sellers Dropped Their Price
As the housing market cools, home sellers are beginning to get nervous and drop their prices. In August, new data from Realtor.com shows that one in five sellers dropped their…
Russian Bank, Under Sanctions, Bypasses Swift
VTB, a top Russian bank, has begun to make money transfers to China in yuan, bypassing the SWIFT global financial messaging system. VTB CEO Andrey Kostin said in a statement,…
Apple Looks Set To Take On Google And Facebook In The Adspace
Apple’s (AAPL) digital advertising operation is gaining ground, and challenging Google and Facebook’s dominance of the sector, according to a report by InMobi’s Appsumer. According to the report, the much-discussed iOS…
