SovEcon raises Russian wheat export forecast for 2025-26, but initial shipments low
Leading agricultural consultancy SovEcon has revised upwards its projection for Russian wheat exports during the 2025-26 marketing season. The firm now anticipates…
Europe markets open: Stoxx 600 up 0.1% as Watches of Switzerland soars 8.3%
A fragile sense of calm has returned to European markets on Wednesday, with stocks staging a tentative rebound from a brutal sell-off…
US equipment curbs expected to weigh more on Samsung, SK Hynix than TSMC
The United States has revoked Taiwan Semiconductor Manufacturing Co.’s authorization to freely ship essential equipment to its main Chinese facility, tightening restrictions…
Oil prices slip amid reports of further OPEC+ production hikes
Oil prices plunged 2% on Wednesday after reports claimed that OPEC+ may consider further oil output hikes in the coming months. The…
Are electric vehicles (EVs) losing their spark?
The electric vehicle revolution promised unstoppable growth and sky-high profits. Tesla once led with its futuristic tech and cult-like following. BYD, China’s…
Fentanyl use in US workplaces rises, study finds: report
More American workers are testing positive for fentanyl in randomised workplace drug screenings, a report by The Wall Street Journal said, which…
Nio posts record Q2 deliveries, but losses persist as analysts urge caution
Nio Inc. posted some solid earnings in the second quarter in fiscal year 2025, with vehicle sales and revenue soaring well, in…
Klarna returns to market with $14B IPO: is the Fintech giant ready to bounce back?
Klarna Group Plc and its shareholders are making another push into the public markets, aiming to raise up to $1.27 billion with…
Dow futures tank 300 points today: 5 things to know before Wall Street opens
Dow futures slipped about 300 points on Tuesday as investors pulled back ahead of key US economic reports this week, including the…
China EV sales jump in August as BYD, Nio, Xpeng hit records
China’s electric vehicle (EV) sector recorded a strong rebound in August as sales recovered from a mid-year slump, as per a CNBC…
