Target Shares Nosedive Off LGBTQ Controversy
Amid continuing backlash over an LGBTQ-friendly children’s clothing line, Target has seen $13.8 billion in market capitalization wiped out as its stock has hit its lowest levels in almost three…
OPEC To Welcome Iran’s Return To Oil Market When US Lifts Sanctions
In an interview with Iran’s Shana news agency on Monday, OPEC Secretary General Haitham Al Ghais said that as a responsible partner, Iran will be fully welcomed into the global…
China’s Ratings Agency Downgrades The US
According to a statement released Thursday, China Chengxin International Credit Rating Agency (CCXI) has cut the United States’ sovereign credit score by one notch earlier in the week, making it…
Oreo Cookie-Maker Branded An Enemy of Ukraine
On Thursday, Ukrainian media reported that Mondelez International, one of the biggest snack companies in the world, and the maker of Milka and Alpen Gold chocolate, Oreo and Barni biscuits,…
Bud Light Sales Collapse Accelerates
New Nielsen data shows that sales of Anheuser-Busch InBev’s (BUD) Bud Light plunged 24.6% over the week ending May 13th. That is an acceleration of the declines seen over the…
Russia Encourages Citizens To Shift Dollar Holdings To Gold
On Wednesday, the Goznak Joint Stock Company announced that its Moscow Mint website would allow Russian citizens to purchase gold ingots of up to 20 grams in weight. The offering…
Robert F Kennedy Jr To Accept Campaign Donations In Bitcoin
According to an announcement on Friday, Robert F. Kennedy Jr. will be the first candidate for President of the United States in history to accept contributions and donations in Bitcoin.…
IEA Says Enhanced Enforcement Of Russian Seaborne Oil Price Cap Will Not Affect Supplies Globally
The International Energy Agency’s executive director Fatih Birol has said that it is not expected that increased enforcement actions by the Group of Seven nations to enforce the price cap…
Guy Hands – UK In Geriatric Decline
British financier and chairman of the private equity firm Terra Firma Guy Hands said in an interview with Bloomberg on Friday that the UK economy has been weakened by Brexit.…
Despite Sanctions, Japan Will Boost LNG Imports From Russia
In an interview with the RIA Novosti news agency Tuesday, the Russian consul general in the city of Sapporo said that Japan would soon be seeing benefits from retaining its…
