Economy

Even as the oil market struggles to break out of its current range of $70-$75 per barrel, adequate supply going into 2025 is likely to keep prices subdued.  Traders have…

The US Federal Trade Commission (FTC) has recently blocked Tapestry’s $8.5 billion acquisition of Capri Holdings, bringing Chair Lina Khan’s strict antitrust measures back into the spotlight. Khan, with her…

The Venezuelan government, under Nicolás Maduro, expressed its deep discontent on Thursday following Brazil’s decision to block its admission into the BRICS group of emerging economies. Caracas views this decision…

Germany’s economic outlook showed signs of improvement in October, breaking a four-month decline, according to the ifo Business Climate Index. The Index climbed to 86.5 from 85.4 in September, offering…

In an unexpected move, the Bank of Russia has announced a significant hike in its key interest rate, indicating a proactive approach to tackling economic challenges. This decision has major…

In October, Brazilian consumer confidence suffered a small but significant shift in attitude, as seen by the seasonally adjusted FGV-IBRE Consumer Confidence Index falling by 0.7 points to 93. This…

Gold prices fell on Friday as a stronger dollar and rise in Treasury yields weighed on investors’ sentiment.  Though gold traded in the red on Friday, prices were still on…

US benchmark equity averages rose on Friday as the market ended a three-day losing streak.  At the time of writing, the Dow Jones Industrial Average was up 0.3%, while S&P…

In a move to strengthen its economy and tackle urgent social challenges, Argentina has reached an important financing agreement with the World Bank and the Inter-American Development Bank (IDB). The…