Economy

As the world watches the latest shifts in global alliances, the 2024 BRICS summit in Kazan, Russia, stands out. It’s not just another gathering of diplomats and world leaders—it’s a…

Shares of Lilium, the electric vertical take-off and landing (eVTOL) vehicle manufacturer, plunged by more than 61% on Thursday after the company announced in a regulatory filing that its two…

US benchmark equity markets fell on Wednesday as Treasury yields continued to rise amid a shallow outlook for the Federal Reserve’s rate-cut cycle.  At the time of writing, the Dow…

Bitcoin’s designation as a “Trump trade” is beginning to feel the pressure from broader global market shifts, spurred by the possibility of Donald Trump’s return to the White House. With…

The slow and dirty process of extracting lithium from rocks and salt water could take a toll on the environment, especially when the world tries to limit carbon emissions.  But,…

Elon Musk’s $1 million-per-day giveaway has come under scrutiny as the US Department of Justice (DOJ) warns it may breach federal election laws. Musk, actively supporting Donald Trump in the…

Pedro Tellechea, the former minister of Industry and Oil in Venezuela, has been arrested, as confirmed by the country’s Public Prosecutor, Tarek William Saab. This arrest presents the fifth oil…

Goldman Sachs Group Inc. has downgraded its outlook on Indian equities from overweight to neutral, citing concerns about weakening economic growth and corporate earnings. The downgrade comes as India’s key…

The International Monetary Fund (IMF) has revised its growth forecast for China, reducing its projection for 2024 to 4.8%, down 0.2 percentage points from its July estimate. This adjustment comes…