On Monday, Handelsblatt newspaper reported that even as it is already squeezed by several persistent crises, including the conflict in Ukraine, migration, and energy supply shortages, now higher interest rates…

On Monday, the Security and Exchange Commission (SEC) filed 13 charges against Binance, the largest cryptocurrency exchange in the world, as well as its cofounder Changpeng Zhao, for allegedly running…

Despite a recent announcement by Saudi Arabia that it would dramatically cut its production output of crude oil, oil prices fell on Tuesday. The downward movement of crude indicates demand…

The European Central Bank (ECB) has reported that growth in the Eurozone has almost stalled entirely in 2023, following the effects of higher energy costs and supply bottlenecks. Speaking to…

On Wednesday, following a cut to its full-year guidance, and a reduction in its dividend, Advanced Auto Parts (AAP) closed down a massive 35%. The auto parts retailer widely missed…

Following Saudi Arabia’s announcement that it would voluntarily reduce its production output by one million barrels per day (bpd) starting in July, global crude oil prices have begun to rise.…

On Sunday, Willie Walsh, director general of the International Air Transport Association, (IATA) said that airlines are prepared to prevent a repeat of last year’s travel mayhem, however he warned…

In a final surge of protest on Tuesday, French unions are hoping they can reignite resistance to President Emmanuel Macron’s higher retirement age policy with a wave of nationwide protests…

Morgan Stanley is making predictions in opposition to the conventional wisdom in the markets right now, forecasting that a sudden pullback in corporate earnings will crush any US rally in…

As the auto industry rushes to gain market share in the electric vehicle sector, not all automakers are giving up on the internal combustion engine. General Motors has announced it…