Why are LNG tankers diverting from Asia to Europe?
Cargoes carrying liquefied natural gas (LNG) have been diverted from Asia to Europe in the past few days, Reuters quoted data from analytics firm Kpler on Monday. According to the…
Economy
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Nasdaq, S&P 500 rise ahead of key earnings; Tesla, Oklo stocks jump as Spirit Airlines halts trading
Wall Street’s main indexes rose on Monday as investors waited for major market-moving earnings results. Investors were waiting for the earnings results of AI-chip leader NVIDIA on Monday after last…
What’s driving the UK’s inflation concerns?
Inflation in the UK has re-entered the spotlight, sparking questions about what lies ahead for the economy. After a sharp decline to 1.7% in September 2024—below the Bank of England’s…
Precious metals bounce back as bulls look to dominate amid safe-haven inflows
Precious metals are on the bounce once again with gold and silver gaining grounds amid a softening of the US dollar. Gold prices snapped a six-day losing streak on Monday…
The many flavors of Ben & Jerry’s corporate activism
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…
Why is the eurozone falling behind in the global economy scorecard?
The eurozone economy is grappling with a growing set of challenges, from declining industrial output to rising global trade tensions.Industrial production is contracting, growth forecasts are being downgraded, and the…
No respite in sight for weak oil prices even with heightened geopolitical tensions
Oil prices were slightly higher on Monday as tensions between Russia and Ukraine escalated over the weekend. According to reports, Russia launched its biggest air strike on Ukraine in almost…
Prolonged weakness in gold prices seems unlikely, say experts
A prolonged weakness in gold prices seems unlikely with long-term fundamentals remaining in favour of the yellow metal. Even as gold prices on COMEX have dropped 7% so far in…
Nearly 10 million Indonesians fall out of middle class since 2019
Indonesia’s middle class, once a symbol of the nation’s economic resilience, has suffered a severe contraction since 2019. According to the Central Bureau of Statistics, nearly 10 million people have…
Why millennials can’t afford a midlife crisis: earnings, inflation, and shifting priorities
Millennials are reshaping the narrative around midlife crises as financial realities and evolving values redefine what this pivotal life stage looks like. Born between 1981 and 1996, millennials face unique…