BP chairman Helge Lund out as green energy strategy collapses
The chairman of BP, Helge Lund, is set to step down, marking the end of an era defined by the company’s ambitious but ultimately unsuccessful foray into green energy.The oil…
Trump tariffs trigger $208 billion bloodbath among the world’s richest in a single day
A sweeping package of trade tariffs announced by US President Donald Trump triggered a brutal sell-off across global markets on Thursday, wiping out $208 billion from the fortunes of the…
Is it a golden opportunity to buy the Nasdaq 100 index crash?
The Nasdaq 100 index has crashed into a correction as concerns about Donald Trump’s reciprocal tariffs and the artificial intelligence (AI) industries remain. It closed at $19,580 on Wednesday and…
BP share price continues to underperform: is it a contrarian buy?
The BP share price has lagged behind its peer companies in the past few years. Its stock jumped by about 60% in the last five years. In contrast, other oil…
Is there a place to hide as DIA, QQQ, and SPY ETFs plummet?
US stock index futures plummeted on Thursday as investors gave a thumbs down approval to Donald Trump’s tariffs. Dow Jones Index futures plummeted by almost 1,000 points, while those tied to…
President Trump to host El Salvador’s Bukele on April 14: discussion could revolve around border security, trade and Bitcoin
US President Donald Trump will host El Salvador’s President Nayib Bukele at the White House on April 14, with talks expected to centre on cooperation around border security, criminal deportation,…
Trump’s reciprocal tariffs: Indian markets to react negatively in short term, but negotiations could buy relief
US President Donald Trump has imposed the steepest American tariffs in a century, targeting over 60 nations in a sweeping trade measure aimed at addressing what he calls unfair trade…
Gold eases off record levels, but market optimism remains strong
Gold prices retreated from fresh record highs on Thursday, but experts see downside limited in the yellow metal. The most-active gold contract on COMEX climbed to nearly $3,200 per ounce earlier…
European, Asian pharma stocks rally as Trump spares sector from reciprocal tariffs but the cheer may be shortlived
Pharmaceutical stocks saw strong gains on Thursday after US President Donald Trump announced that pharmaceuticals would be exempt from the latest round of reciprocal tariffs on global imports. The exemption…
Trump’s reciprocal tariffs: Indian markets to react negatively in short term, but negotiations could buy relief
US President Donald Trump has imposed the steepest American tariffs in a century, targeting over 60 nations in a sweeping trade measure aimed at addressing what he calls unfair trade…